Japan's Koito Manufacturing to pay $56.6 mln in U.S. price fix probe
WASHINGTON Jan 16 (Reuters) - Japan-based Koito Manufacturing Co Ltd has agreed to plead guilty in a U.S. antitrust investigation of auto parts price-fixing and pay $56.6 million in criminal fines, the U.S. Justice Department said on Thursday.
Koito sold lighting fixtures and ballasts at noncompetitive prices to automakers in the United States and elsewhere, the department said in a statement.
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