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Hitachi Automotive Systems pleads guilty second time to price fixing, fined USD 55 million
On August 9, the U.S. Justice Department announced that Hitachi Automotive Systems Ltd. agreed to plead guilty and pay a USD 55.48 million fine for its efforts to allocate markets, fix prices and rig bids for shock absorbers installed in automobiles sold in the U.S. According to charges filed in a U.S. District Court....
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