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  • EU FINES EUROPEAN AND JAPANESE AUTOMOTIVE

    2014-3-21 · 2014-3-21 · On 19 March 2014, the European Commission announced the imposition of fines totalling € 953 306 000 on two European companies (SKF and Schaeffler) and four Japanese companies (JTEKT, NSK, NFC and NTN with its French subsidiary NTN-SNR) for participating in a cartel in automotive bearings market from April 2004 until July 2011. The Commission found that the…

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  • The JFTC filed a criminal accusation on the price-fixing ...

    2021-4-13 · The Japan Fair Trade Commission (the “JFTC”), having investigated into a price-fixing cartel case concerning industrial machinery bearings and automotive bearings, found a criminal violation of the Antimonopoly Act (the “AMA”) and filed today a criminal accusation with the Public Prosecutor-General against three companies including NSK ...

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  • EN EN - European Commission

    2019-8-24 · automotive bearings sold tomanufacturers of two-wheel motorcycles and racing vehicles. 7 For the purposes of this case, a truck is defined as a power-driven vehicle, the weight of which is above 3.5 tonnes and which is used for carrying goods and materials.

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  • GLOBAL CARTEL ENFORCEMENT REPORT: EARLY 2015

    2019-1-16 · participating in a cartel concerning automotive bearings. • Fourth-Highest Company Fine in the United States in February: A Japan-based company agreed to plead guilty and to pay a 425 million criminal fine for its role in a conspiracy to fix prices of automotive antivibration rubber parts. According to the DOJ, the fine was

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  • Nine Automobile Parts Manufacturers and Two

    2013-9-26 · Nine Japan-based companies and two executives have agreed to plead guilty and to pay a total of more than 740 million in criminal fines for their roles in separate conspiracies to fix the prices of more than 30 different products sold to U.S. car manufacturers and installed in cars sold in the United States and elsewhere, the Department of Justice announced today. The department said that ...

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  • Antitrust: Commission fines producers of car and truck ...

    2021-4-20 · 2021-4-20 · SNR) operated a cartel in the market for automotive bearings. The Commission has imposed fines totalling € 953 306 000. Automotive bearings are used by car, truck and car part manufacturers to reduce friction between moving parts inside a vehicle. Cars and trucks contain numerous bearings, for example wheel bearings, bearings for

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  • FBJ Bearings : Industrial, Automotive, Agriculture, OEM

    FBJ Bearings support the Automotive, Industrial and Agricultural market providing superior and quality products with the most competitive pricing. With an extensive network that spreads over Japan , Singapore , Asia Pacific, Africa , Central & South America, FBJ continually sourced out potential countries for it's expanding distribution ...

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  • Press corner | European Commission

    2014-3-19 · Cars and trucks contain numerous bearings, for example wheel bearings, bearings for gearbox, transmission, alternator or air conditioning systems. The companies colluded to secretly coordinate their pricing strategy vis-à-vis automotive customers for more than seven years, from April 2004 until July 2011, in the whole European Economic Area (EEA).

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  • Japanese Auto Parts Makers Bracing for EU Cartel

    2013-2-1 · 2013-2-1 · Bearings makers JTekt, Nachi-Fujikoshi Corp., NTN Corp. and NSK Ltd. also slumped after the cartel watchdog raided their offices in July 2011, then tumbled again when probes were announced by EU ...

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  • Koyo Australia Pty. Ltd. – Ball & Roller Bearings Supplier

    2021-5-10 · Koyo Australia is a group company of JTEKT COOPERATION (Japan). We supply Ball & Roller Bearings, Drive Shafts, Oil Seals, Universal Joints and Steering Components to a wide range of industries in Australia and New Zealand.

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  • 9 Japanese suppliers, 2 execs to plead ... - Automotive

    2013-9-26 · Tetsuya Kunida, a Japanese citizen and former executive of a U.S. subsidiary of a Japan-based automotive anti-vibration rubber products supplier to serve 12 …

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  • FBI — Nine Automobile Parts Manufacturers and Two ...

    2016-7-22 · Gary Walker, a U.S. citizen and former executive of a U.S. subsidiary of a Japan-based automotive products supplier, to serve 14 months in a U.S. prison and to pay a 20,000 criminal fine.

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  • Twilight of Prosecutions of the Global Auto-Parts Cartels ...

    2021-4-29 · victims of cartel crimes. But even if corporate monetary penalties rise well above the current 20 billion total; deterrence of collusion is highly unlikely. For deterrence purposes, indictments and sentencing of hundreds of individuals in the automotive industries may have lingering effects on the ethical behavior for would-be cartel managers.

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  • Hitachi Astemo, Ltd.

    Hitachi Automotive Systems Employees Awarded the 2020 Minister of Education, Culture, Sports, Science and Technology Prize for Creativity Mar. 16, 2020. Hitachi Automotive Systems Announces Personnel Changes Nov. 27, 2019. Hitachi Automotive Systems claims victory in the ET Robot Contest, Advanced Class: Race Competition Aug. 5, 2019

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  • Automotive News - JG Automotive - Automotive

    2017-9-29 · JG Automotive was founded in 1982, dedicated to the development and supply of components for the automotive sector. Thanks to the mastery of the technologies of production of metal according to drawing, we have diversified the industrial sectors of …

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  • All the Latest Automotive News from Automotive

    2017-6-23 · Bearing cartel broken – now Daimler sues SKF following EU ruling. Jul 4, 2017 Tier Suppliers. Sweden's SKF, the world's largest maker of industrial bearings, has said it is being sued by Daimler after a 2014 EU settlement for violations of competition rules in the European bearings sector.

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  • Nishith Desai Associates: Competition Commission’s ...

    2014-10-21 · China has imposed a penalty of approximately 200 Million on ten Japanese auto-parts and bearings manufacturers 10 and South Africa is examining allegations that automotive component manufacturers colluded while bidding for tenders floated by car manufacturers. 11 However, South Africa is examining these allegations in respect of the imports ...

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  • Automotive Industry under Scrutiny: Competition Law ...

    2020-1-16 · Regarding the cartel on bearings used for automotive and industrial purposes 92, it became public that all bearing makers involved meanwhile settled with PSA Peugeot Citroën after the latter having initiated proceedings in London. 93 The last one to reach an out-of-court settlement was SKF in April 2018. 94 Furthermore, in November 2018, SKF ...

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  • South Korea steps up price-fixing ... - Automotive News

    2015-4-17 · South Korea, supporting a global police action against auto-parts price fixing, has hit Japanese and German suppliers with a string of fines in recent …

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  • Automobile Industry | Encyclopedia.com

    2018-6-11 · automobile industry modern economic origins of the automobile industry [1] competitive structure [2] major countries of production and consumption [3] importance of the industry for macroeconomic activity and international trade [4] changes and challenges in the automobile industry …

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  • FBI — Nine Automobile Parts Manufacturers and Two ...

    2016-7-22 · Gary Walker, a U.S. citizen and former executive of a U.S. subsidiary of a Japan-based automotive products supplier, to serve 14 months in a U.S. prison and to pay a 20,000 criminal fine.

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  • 9 Japanese suppliers, 2 execs to plead ... - Automotive

    2013-9-26 · Tetsuya Kunida, a Japanese citizen and former executive of a U.S. subsidiary of a Japan-based automotive anti-vibration rubber products supplier to serve 12 …

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  • SKF to Schaeffler fined $1.3 billion in EU ball-bearing

    2014-3-19 · SKF, the world's largest maker of ball bearings, and Schaeffler were among five companies that agreed to pay a combined 953.3 million euros (1.3 billion) to …

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  • Welcome to the Bearing Industry Code of Conduct

    2013-12-20 · Bearing Industry Code of Conduct. 14 December 2013 NSK Bearings in More Legal Action Filed 13 Dec 2013. New criminal proceedings against Japan's NSK Bearing Group were filed 13 December 2013 in the Australian Federal Court for alleged Price Fixing Cartel and Corrupt activity; bringing the number of legal cases against the NSK Bearing Group to an unprecedented 7 worldwide …

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  • Car-Parts Suppliers Fined $182 Million in Europe - The

    2013-7-10 · Furukawa Electric of Japan was fined €4 million. Leoni, a German company, was fined €1.38 million. Sumitomo Electric was not fined because it alerted regulators to the existence of the cartel.

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  • 07.22 ATAG JV e Bogen - cdn.rheinmetall

    2015-7-20 · the Motorservice brand embraces global aftermarket business in the Group's and third-party products in over 130 countries. About HASCO Exchange-listed since 2009, Shanghai-based HUAYU Automotive Systems (HASCO) has been concentrating on the independent development, production and marketing of automotive components for a variety of OEMs.

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  • The Law Reviews - The Private Competition

    2021-3-24 · TLR (The Law Reviews) is the world's leading antitrust and competition law journal and news service. TLR provides breaking news, daily updates and in-depth monthly features covering antitrust and competition enforcement in countries around the world. TLR also features guest commentary and articles from the world's leading competition law and antitrust practitioners.

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  • Federal-Mogul Motorparts Introduces Sealed Power®

    2015-2-27 · Federal-Mogul Holdings Corporation is a leading global supplier of products and services to the world`s manufacturers and servicers of vehicles and equipment in the automotive…

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  • Global Antitrust Compliance and Risk—Creating an

    2014-9-15 · 9/15/2014 1 Global Antitrust Compliance and Risk—Creating an Effective Program 13thAnnual SCCE Compliance & Ethics Institute Chicago, IL ‒ Timothy Bridgeford, Senior Compliance Counsel –FCPA, Antitrust &

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  • Home | Linklaters | Global Law Firm | Global Lawyers

    Non financial misconduct and whistleblowing. 11 th March 2021 . In this comparative report, we review the evolving approach to non-financial misconduct taken by national financial services regulators in 12 key jurisdictions - including the extent to which this will be considered when assessing an individual's suitability to work in financial services.

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  • Drag Cartel-optionsauto.com

    Free shipping for orders over 60 (Restrictions Apply) FedEx Residential delivery 7 days a week!

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  • JDM-optionsauto.com

    NISSAN JAPAN TRUNK EMBLEM: SKYLINE FOR G35 02 (4-DR) JDM Nissan Factory (Japan Version) 'Skyline' Trunk Emblem (Chrome) for Infiniti G35 Sedan 2002 NOTE: Will not fit 03-Up G35 Sedan Note: Special price limited to stock on hand only.

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  • UAE-based firm Mineral Circles Bearings (MCB) bets

    2017-11-14 · Roadshow Brand and Product Highlights As a trusted bearing company in Dubai since 1990, MCB has created a solid footprint for both local and overseas clientele. Through the years, it has expanded its product portfolio from quality bearings to include grease, tools, oil seals, universal joints, and cv joints for distribution in over 65 countries ...

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  • Specialty Alloys - Global Innovation Partner |

    2021-4-29 · With 130+ years of material and manufacturing process leadership, Carpenter Technology works with customers to provide alloy solutions for critical applications.

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  • Home | Daimler

    * The figures are provided in accordance with the German regulation 'PKW-EnVKV' and apply to the German market only. Further information on official fuel consumption figures and the official specific CO₂ emissions of new passenger cars can be found in the EU guide 'Information on the fuel consumption, CO₂ emissions and energy consumption of new cars', which is available free of charge at ...

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  • Solve Industrial Motion Group Forms to Better Serve ...

    2020-11-19 · Solve’s brand portfolio includes P.T. International, IPTCI Bearings and LMS Bearings, and represents more than 25,000 products available from five regional stocking locations.

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  • Current Cases - Refund Advisors LLC - The Worldwide

    2019-12-31 · Automotive Bearings are located throughout a vehicle. Automotive Bearings include the following devices used in vehicles: ball bearings, tapered roller bearings, roller bearings, mounted bearings, and parts and components for ball and roller bearings. • Automotive Hoses are flexible tubes used to convey liquid and air in vehicles.

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  • The Drive - Automotive News, Car Reviews and Car Tech

    The Drive is the one-stop shop for all things automotive. See the latest in car tech, global auto news and in-depth vehicle reviews.

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  • EUR-Lex - 52020DC0302 - EN - EUR-Lex

    The Commission has already fined suppliers of automotive bearings, wire harnesses in cars, flexible foam used (inter alia) in car seats, parking heaters in cars and trucks, alternators and starters, air conditioning and engine cooling systems, lighting systems, occupant safety systems, and spark plugs and braking systems 19. The 2019 decision ...

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  • Porters five forces model - Automobile Industry, &

    2019-10-23 · The Indian automobile industry is the tenth largest in the world with an annual production of approximately 2 million units. Indian auto industry, promises to become the major automotive industry in the upcoming years and the industry experts are hopeful that it will touch 10 million units mark.

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  • Car industry Parts | News | GoAuto

    2013-10-21 · The court also made orders restraining Koyo Australia from engaging in similar cartel conduct for a period of three years, and requiring it to implement a competition and consumer law compliance training program. Documents filed with the court said the bearings aftermarket in Australia was worth up to 400 million between 2007 and 2011.

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  • Car-Parts Suppliers Fined $182 Million in Europe - The

    2013-7-10 · Furukawa Electric of Japan was fined €4 million. Leoni, a German company, was fined €1.38 million. Sumitomo Electric was not fined because it alerted regulators to the existence of the cartel.

    Get Price
  • Cartels Laws and Regulations | China | Laws and ...

    Statutory bases for challenging cartel behaviour. In China, the Anti-monopoly Law (“AML”), which entered into force on August 1, 2008, delineates the legal framework for the prohibition of cartels. Article 13 of the AML is considered as the statutory basis for challenging cartel behaviour in China.

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  • Guilty of Price Fixing -Probe & charged!

    2014-8-26 · In May, Singapore's Competition Commission fined Nachi-Fujikoshi Corp, NTN and NSK a record S9.3 million (7.43 million) for cartel behaviour in ball bearings, noting the price fixing, going back as far as 1980, even had a formal name: the Market Share and Profit Protection Initiative.

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  • IN THIS ISSUE - Morgan Lewis

    2017-10-18 · automotive industry published by Morgan Lewis’s automotive team with contributions from lawyers in our offices around the globe. We counsel our automotive clients on a broad range of industry-specific issues, including matters relating to mergers and acquisitions, antitrust, litigation, regulatory

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  • Professionals: Madoka Shimada | Nishimura & Asahi

    Nishimura & Asahi, an international law firm, is the largest law firm in Japan. The firm was established with the aim of providing premium quality legal services to handle increasingly large and complex cases, supported by superior organizational strength and based on a fundamental respect for the protection of human rights and realization of social justice.

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  • 07.22 ATAG JV e Bogen - cdn.rheinmetall

    2015-7-20 · the Motorservice brand embraces global aftermarket business in the Group's and third-party products in over 130 countries. About HASCO Exchange-listed since 2009, Shanghai-based HUAYU Automotive Systems (HASCO) has been concentrating on the independent development, production and marketing of automotive components for a variety of OEMs.

    Get Price
  • Porters five forces model - Automobile Industry, &

    2019-10-23 · The Indian automobile industry is the tenth largest in the world with an annual production of approximately 2 million units. Indian auto industry, promises to become the major automotive industry in the upcoming years and the industry experts are hopeful that it will touch 10 million units mark.

    Get Price
  • Dickies Workwear | Dickies Pants | Dickies Shirts ...

    2021-5-3 · An outfit emblematic of America’s working class, the now-global apparel conglomerate, “Dickies, ” was once a fledgling company focus ed on the construction of bib-style overalls. It began its illustrious march toward widespread reco gnition in 1922, introducing a small, utility-focused catalog comprised of hard-wearing leg peripherals catered toward America’s tradesmen.

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  • Tristan L. Díaz - Washington D.C. Metro Area ...

    View Tristan L. Díaz’s profile on LinkedIn, the world’s largest professional community. Tristan L. has 1 job listed on their profile. See the complete profile on LinkedIn and discover Tristan ...

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