Fujikura execs indicted in price-fixing scheme

Sep 23, 2013 | 10:34 AM | Corinna Petry

Tags  Fujikura, Ryoji Fukudome, Toshihiko Nagashima, price fixing, auto parts, U.S. Justice Department, Fuji Heavy Industries, Subaru Scott Hammond

CHICAGO — A federal grand jury has indicted two Fujikura Ltd. executives for their alleged role in an international auto parts price-fixing conspiracy, the U.S. Justice Department said.

The indictment, filed in U.S. District Court in eastern Michigan, charges Ryoji Fukudome and Toshihiko Nagashima with participating in a conspiracy to fix prices of copper-intensive wire harnesses sold to Tokyo-based Fuji Heavy Industries Ltd.’s Subaru vehicle line for installation in cars sold in the United States and elsewhere.....

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