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Nine Automobile Parts Manufacturers and Two Executives Agree to Plead Guilty to Fixing Prices on Automobile Parts Sold to U.S. Car Manufacturers and Installed in U.S. Cars

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 price-fixed automobile parts were sold to Chrysler, Ford and General Motors, as well as to the U.S. subsidiaries of Honda, Mazda, Mitsubishi, Nissan, Toyota and Fuji Heavy Industries–more commonly known by its brand name, Subaru.



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Scott D. Hammond, Assistant Attorney General of the Antitrust Division’s Criminal Enforcement Program, Delivers Remarks at Auto Parts Press Conference

There were more than a dozen separate conspiracies each operating independently but all targeting the U.S. automotive industry. Some of the price-fixing conspiracies lasted for a decade or longer, and many car models were fitted with multiple parts that were fixed by the auto parts suppliers.




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Remarks as Prepared for Delivery by Attorney General Eric Holder at Auto Parts Press Conference

Today, we are announcing that 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.




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Two Executives Indicted for Roles in Fixing Prices on Automobile Parts Sold to Toyota to Be Installed in U.S. Cars

A Cleveland federal grand jury returned an indictment against two executives of a Japanese automotive supplier for their roles in an international conspiracy to fix prices of automotive anti-vibration rubber parts sold to Toyota and installed in U.S. cars.



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Toyo Tire & Rubber Co. Ltd. Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.S. Cars

Osaka, Japan-based Toyo Tire & Rubber Co. Ltd. has agreed to plead guilty and to pay a $120 million criminal fine for its role in two separate conspiracies to fix the prices of automotive components involving anti-vibration rubber and driveshaft parts installed in cars sold in the United States and elsewhere.



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Stanley Electric Co. Ltd. Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.s. Cars

Stanley Electric Co. Ltd., a Tokyo-based company, has agreed to plead guilty and to pay a $1.44 million criminal fine for its participation in a conspiracy to fix prices of lamp ballasts installed in cars sold in the United States and elsewhere.



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Justice Department and Consumer Financial Protection Bureau Reach $98 Million Settlementto Resolve Allegations of Auto Lending Discrimination by Ally

The Department of Justice and the Consumer Financial Protection Bureau (CFPB) today announced the federal government’s largest auto loan discrimination settlement in history to resolve allegations that Detroit-based Ally Financial Inc. and Ally Bank have engaged in an ongoing nationwide pattern or practice of discrimination against African-American, Hispanic and Asian/Pacific Islander borrowers in their auto lending since April 1, 2011.



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Koito Manufacturing Co. Ltd. Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.S. Cars

Koito Manufacturing Co. Ltd., a Tokyo-based company, has agreed to plead guilty and to pay a total of $56.6 million in criminal fines for its roles in separate price-fixing conspiracies involving automobile lighting fixtures and lamp ballasts installed in cars sold in the United States and elsewhere.



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Former President and Vice President of Diamond Electric Agree to Plead Guilty to Participating in Auto Parts Price-fixing Conspiracy

The former president and vice president of Osaka, Japan-based Diamond Electric Mfg. Co. Ltd. have agreed to plead guilty for their participation in a global conspiracy to fix prices of ignition coils installed in cars sold in the United States and elsewhere.



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Bridgestone Corp. Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.S. Cars

Bridgestone Corp., a Tokyo, Japan-based company, has agreed to plead guilty and to pay a $425 million criminal fine for its role in a conspiracy to fix prices of automotive anti-vibration rubber parts installed in cars sold in the United States and elsewhere.



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Former Denso Corp. Executive Agrees to Plead Guilty to Obstructing Automotive Parts Investigation

A former executive of Japan-based Denso Corp. has agreed to plead guilty to obstruction of justice charges in connection with the Antitrust Division’s investigation into a conspiracy to fix the prices of heater control panels installed in cars sold in the United States and elsewhere.



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Three Bridgestone Corp. Executives Indicted for Roles in Fixing Prices and Rigging Bids on Auto Parts Installed in U.S. Cars

A Cleveland federal grand jury returned an indictment against one current executive and two former executives of Bridgestone Corp. for their roles in an international conspiracy to fix prices of automotive anti-vibration rubber parts sold in the United States and elsewhere.



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Bridgestone Corp. Executive Agrees to Plead Guilty for Fixing Prices and Rigging Bids on Auto Parts Installed in U.S. Cars

A former Bridgestone Corp. executive has agreed to plead guilty and to serve 18 months in a U.S. prison for his role in an international conspiracy to fix prices and rig bids of automotive anti-vibration rubber parts sold in the United States and elsewhere.



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Japanese Automotive Parts Manufacturer Agrees to Plead Guilty to Price Fixing and Bid Rigging on Automobile Parts Installed in U.S. Cars

Showa Corp., an automotive parts manufacturer based in Saitama, Japan, has agreed to plead guilty and to pay a $19.9 million criminal fine for its role in a conspiracy to fix prices and rig bids for pinion-assist type electric powered steering assemblies installed in cars sold in the United States and elsewhere.



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Japanese Automotive Parts Manufacturer Executive Indicted for Role in Conspiracy to Fix Prices and for Obstruction of Justice

A Detroit federal grand jury returned a two-count indictment against an executive of a Japanese manufacturer of automotive parts for his participation in a conspiracy to fix prices of heater control panels and for obstruction of justice for ordering the destruction of evidence related to the conspiracy.



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Former Top Executive of Japanese Automotive Parts Manufacturer Indicted for Role in Conspiracy to Fix Prices

A Detroit federal grand jury returned a one-count indictment against a former top executive of a Japanese manufacturer of automotive parts for his participation in a conspiracy to fix prices of seatbelts.



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Denso Corp. Executive Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.S. Cars

An executive of Japan-based Denso Corp. has agreed to plead guilty and to serve one year and one day in a U.S. prison in connection with the Antitrust Division’s investigation into a conspiracy to fix the prices of instrument panel clusters, also known as meters, installed in cars sold in the United States and elsewhere, the Department of Justice announced today



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G.S. Electech Inc. Executive Pleads Guilty to Bid Rigging and Price Fixing on Automobile Parts Installed in U.S. Cars

An executive of Japanese auto parts maker G.S. Electech Inc. pleaded guilty and was sentenced today to serve 13 months in a U.S. prison for his role in an international conspiracy to rig bids and fix prices on auto parts used on antilock brake systems installed in U.S. cars, the Department of Justice announced



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NGK Spark Plug Co. Ltd. Agrees to Plead Guilty to Price Fixing and Bid Rigging on Automobile Parts Installed in U.S. Cars

NGK Spark Plug Co. Ltd., an automotive parts manufacturer based in Nagoya, Japan, has agreed to plead guilty and to pay a $52.1 million criminal fine for its role in a conspiracy to fix prices and rig bids for spark plugs, standard oxygen sensors, and air fuel ratio sensors installed in cars sold to automobile manufacturers in the United States and elsewhere, the Department of Justice announced today



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Pharmacists will not be automatically included in government COVID-19 life assurance scheme

Pharmacists will not be automatically eligible for a new government life assurance scheme for healthcare workers in England who die from COVID-19 during the pandemic.

To read the whole article click on the headline




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Southeast Asian auto sales sink 40% for largest drop in a decade




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Yokogawa Employee Selected for the 2020 Process Automation Hall of Fame

Yokogawa Electric Corporation announces that Dr. Penny Chen of Yokogawa Corporation of America has been selected by Control, a prestigious and influential industry publication in the US, to be inducted into its Process Automation Hall of Fame, Class of 2020. Dr. Chen is senior principal technology strategist at Yokogawa Corporation of America's U.S. Technology Center based in Dallas, Texas.




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Inhibition of the autophagic protein ULK1 attenuates axonal degeneration in vitro and in vivo, enhances translation, and modulates splicing




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2-Hydroxyoleate, a nontoxic membrane binding anticancer drug, induces glioma cell differentiation and autophagy




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Multiple sclerosis: Autoantibodies target guardian lipids

Naturally occurring brain phospholipids that are targeted by autoantibodies in MS can suppress T-cell activity and ameliorate symptoms in a mouse model of the disease.




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Implications from autopsy studies of latent prostate cancer




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Igniting autophagy through the regulation of phase separation




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Homeostasis and regulation of autoreactive B cells




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Extra-adrenal glucocorticoid biosynthesis: implications for autoimmune and inflammatory disorders




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Automating Bias

How algorithms designed to alleviate poverty can perpetuate it instead




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Autopsy slowdown hinders quest to determine how coronavirus kills




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Leucine-rich repeat containing 4 act as an autophagy inhibitor that restores sensitivity of glioblastoma to temozolomide




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The functions of IL-23 and IL-2 on driving autoimmune effector T-helper 17 cells into the memory pool in dry eye disease




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Author Correction: Genetic circuit design automation for the gut resident species <i>Bacteroides thetaiotaomicron</i>




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Lifespan-increasing drug nordihydroguaiaretic acid inhibits p300 and activates autophagy




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High rate of durable remissions post autologous stem cell transplantation for core-binding factor acute myeloid leukaemia in second complete remission




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The HMGB1-RAGE axis modulates the growth of autophagy-deficient hepatic tumors




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Mendelian neurodegenerative disease genes involved in autophagy




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Análisis de los servicios 'a la carta' de las televisiones autonómicas españolas

Anton, Laura and Guallar, Javier Análisis de los servicios 'a la carta' de las televisiones autonómicas españolas., 2020 . In IV Congreso ISKO España y Portugal, Barcelona, 11-12 July 2019. [Conference paper]




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Mechanisms governing autophagosome biogenesis




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Autoimmunity and organ damage in systemic lupus erythematosus




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Transcriptional and epigenetic basis of Treg cell development and function: its genetic anomalies or variations in autoimmune diseases







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Does the US tax code favor automation?

The U.S. tax code systematically favors investments in robots and software over investments in people, suggests, a paper to be discussed at the Brookings Papers on Economic Activity conference March 19. The result is too much automation that destroys jobs while only marginally improving efficiency. The paper—Does the U.S. Tax Code Favor Automation by Daron…

       




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How well could tax-based auto-enrollment work?

Auto-enrollment into health insurance coverage is an attractive policy that can drive the U.S. health care system towards universal coverage. It appears in coverage expansion proposals put forward by 2020 presidential candidates, advocates, and scholars. These approaches are motivated by the fact that at any given time half of the uninsured are eligible for existing…

       




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Webinar: Health insurance auto-enrollment

Before the COVID-19 pandemic, 30 million Americans were uninsured, but half of this population is eligible for insurance coverage through Medicaid or for financial assistance to buy coverage on the health insurance marketplace. Auto-enrollment is a method by which individuals are placed automatically into the health insurance coverage they are qualified for, and it has…

       




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How well could tax-based auto-enrollment work?

Auto-enrollment into health insurance coverage is an attractive policy that can drive the U.S. health care system towards universal coverage. It appears in coverage expansion proposals put forward by 2020 presidential candidates, advocates, and scholars. These approaches are motivated by the fact that at any given time half of the uninsured are eligible for existing…

      




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How well could tax-based auto-enrollment work?

Auto-enrollment into health insurance coverage is an attractive policy that can drive the U.S. health care system towards universal coverage. It appears in coverage expansion proposals put forward by 2020 presidential candidates, advocates, and scholars. These approaches are motivated by the fact that at any given time half of the uninsured are eligible for existing…