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Violation Tracker Individual Record

Company: Mitsubishi Electric Corporation
Current Parent Company: Mitsubishi Electric
Penalty: $359,274
Year: 2020
Date: July 17, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Mitsubishi Electric agreed to pay over $350,000 to direct purchasers to settle its role in litigation regarding price-fixing of automotive valve timing control devices.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:13cv2501
Case Name: Valve Timing Control Devises [sic] - Direct Payors
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electrical and electronic products
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.