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Japan's Bridgestone Corp has agreed to plead guilty and to pay a $425 million criminal fine for its role in a conspiracy to fix prices on certain automotive parts, the U.S. Department of Justice said on Thursday.

The case involved anti-vibration rubber parts sold in the United States and elsewhere to Toyota Motor Corp., Nissan Motor Corp., Fuji Heavy Industries Ltd., Suzuki Motor Corp., Isuzu Motors Ltd. and certain of their subsidiaries and affiliates.

Law enforcement authorities in the United States and elsewhere have so far brought price-fixing cases related to auto parts ranging from seat belts to power window motors.
 



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Bridgestone Becomes The Latest To Be Caught Up In Price Fixing Probe

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