Federal and International

Seven Mitsubishi Electric Corp. and Hitachi Automotive Supply Ltd. Executives Indicted for Role in Conspiracy to Fix Prices

Washington, DC—(ENEWSPF)—September 18, 2014. A federal grand jury in Detroit returned two separate indictments against seven executives from two Japanese manufacturers of automotive parts for their participation in a conspiracy to fix prices of certain automotive parts, the Department of Justice announced today.

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A three-count indictment was filed today in the U.S. District Court for the Eastern District of Michigan.  Count one charges Atsushi Ueda, Minoru Kurisaki, and Hideyuki Saito of Mitsubishi Electric Corp. (MELCO)…

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