US charges Japanese executive with price fixing

Published



DETROIT (AP) — A federal grand jury has charged a Japanese executive with conspiring to fix prices on auto parts.

According to an indictment filed Thursday in the U.S. District Court in Detroit, Hitoshi Hirano fixed prices of heater control panels sold to Toyota Motor Corp. between 2003 and 2010. The panels were used for vehicles made in the U.S. and elsewhere.

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