U.s. Fines Swedish Firm Autoliv In Auto-parts Price Fixing Inquiry

Autoliv will pay a $14.5-million fine for conspiring to manipulate the price of auto parts, the Justice Department says. Also, an executive at a Japanese supplier accepts a prison sentence.A broadening probe of price fixing among auto suppliers has ensnared a Swedish company, Autoliv Inc., which agreed to pay a $14.5-million fine for conspiring to manipulate the price of seat belts, air bags and steering wheels, the Department of Justice said.

 

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