EU antitrust regulators to fine Japanese car part makers: sources


  • TECH Premium
  • Tuesday, 26 Jan 2016

A robotic arm by Mitsubishi Electric assembles a toy car at the System Control Fair SCF 2015 in Tokyo, Japan December 2, 2015. REUTERS/Thomas Peter

BRUSSELS: European Union antitrust regulators are set to punish Japanese auto parts makers for allegedly fixing prices of starter motors and accelerator modules, two people familiar with the matter said on Jan 25.

The companies in the alleged cartel are world No. 2 parts maker Denso, Mitsubishi Electric Corp and a Hitachi Ltd unit, the people said.

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