Federal and International

Three Takata Corp. Executives Agree to Plead Guilty to Participating in Global Seatbelt Price Fixing Conspiracy

All Agree to Serve Prison Time in the United States

Washington, DC—(ENEWSPF)—November 21, 2013. Three high-level executives of Tokyo-based Takata Corp. have agreed to plead guilty for their participation in a conspiracy to fix prices of seatbelts installed in cars sold in the United States, the Department of Justice announced today.  The executives have also agreed to serve time in a U.S. prison.

According to the one-count felony charges filed separately against each of the…

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