Lg Chem Ltd. Agrees to Plead Guilty to Price-fixing Conspiracy Involving Battery Cells, First Charges Filed in Battery Cell Investigation
Washington, DC–(ENEWSPF)–July 18, 2013. Panasonic Corp. and its subsidiary, SANYO Electric Co. Ltd., have agreed to plead guilty and to pay a total of $56.5 million in criminal fines for their roles in separate price-fixing conspiracies involving automotive parts and battery cells, the Department of Justice announced today. LG Chem Ltd., a leading manufacturer of…
