Suspected of breaking the anti-monopoly law, seven auto parts manufacturers were searched

According to a report by the Japanese Kyodo News Agency on July 20, the Japanese Fair Trade Commission on the 20th violated the "Anti-Monopoly Law," citing the conclusion of seven auto parts makers such as wiper and water tank price cartels (a form of price monopoly). Launch a raid search. Including Denso, Mitsubishi Electric, Hitachi Automotive Systems, Cornell, Seika.

The Japanese Fair Trade Commission and the U.S. Judicial Department started their investigation of the price of cartons for auto parts at the same time in February last year. At that time, three Japanese companies such as Denso America Inc. had been investigated by the Federal Bureau of Investigation (FBI). What kind of actions the United States will take this time is also of concern.

According to relevant sources, the price of this cartel includes four types of wipers, water tanks, engine igniters and alternators. The market size of these four types of parts in Japan totals approximately 100 billion yen (approximately RMB 8 billion). Seven companies, including Denso, were involved in the tendering of the above-mentioned four types of parts and were suspected of pre-agreed quotation and winning bids. This price cartel may have continued since 2002 at least.