China charges 12 Japanese auto parts manufacturers with violations of antitrust law

The 12 companies were fined a total of roughly $200 million for price fixing

The U.S. isn’t the only country with a wide extraterritorial reach of antitrust laws. 12 Japanese manufacturers of automotive parts are facing fines following a Chinese investigation.

The Chinese National Development and Reform Commission (NDRC) recently concluded an investigation into 12 Japanese automotive part makers, finding multiple violations of price fixing in charges to Chinese factories. In total, the Commission has fined the 12 companies roughly $200 million for the violations.

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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