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Violation Tracker Individual Record

Company: Diamond Electric Mfg. Co. Ltd.
Current Parent Company: Diamond Electric Manufacturing
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $19,000,000
Year: 2013
Date: July 16, 2013
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Osaka, Japan-based Diamond Electric Mfg. Co. Ltd. agreed to plead guilty and to pay a $19 million criminal fine for its role in a conspiracy to fix prices of ignition coils installed in cars sold in the United States and elsewhere.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic components
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.