Japanese Auto Component Makers Bracing for EU Cartel Fines

Japanese Auto Component Makers Bracing for EU Cartel Fines

Haruyoshi Yamaguchi/Bloomberg

A Denso Corp. employee assembles parts for a cruise control system at the company's Daian plant in Inabe city, Mie prefecture, Japan. Denso and Yazaki pleaded guilty in the U.S. to “multiple price-fixing and bid-rigging conspiracies” in selling parts to auto manufacturers.