In re: Automotive Parts Antitrust Litigation
Published: Mar. 20, 2020 | Result Date: Dec. 3, 2019 |Case number: USDC Eastern Michigan: 2:12-md-02311 Settlement – $4,250,000
Judge
Attorneys
Plaintiff
Steven F. Cherry
(Wilmer Cutler Pickering Hale and Dorr LLP)
Defendant
Kathleen E. Foote
(Office of the Attorney General)
Anik Banerjee
(Office of the Attorney General)
Winston H. Chen
(California Dept. of Justice)
Facts
U.S., Japanese and European authorities assessed billions of dollars in fines against auto part companies after an investigation on price-fixing and bid-rigging allegations. Defendant Denso Corp. was one of the companies investigated and fined.
Contentions
PLAINTIFF'S CONTENTIONS: The Office of the California Attorney General filed a complaint against Denso Corp. for allegedly rigging bids and fixing prices on parts purchased by the state's agencies, businesses, and consumers. Plaintiff contended that defendant's rigged bids and fixed prices affected a substantial volume of foreign and domestic vehicle models in the state.
DEFENDANT'S CONTENTIONS: Defendant denied the contentions.
Result
The parties entered a $4.25 million settlement.
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