Nippon Chemi-Con ordered to pay $60 mln criminal fine for price fixing -U.S. Justice Dept
03/10/2018 23:11
WASHINGTON, Oct 3 (Reuters) - Nippon Chemi-Con Corp 6997.T
was sentenced to pay a $60 million criminal fine for its role in
a conspiracy to fix prices for electrolytic capacitors, the U.S.
Justice Department said on Wednesday.
Nippon Chemi-Con was also sentenced to a five-year term of
probation, the department said in a statement. Nippon Chemi-Con
pleaded guilty in May to conspiring with others to suppress and
eliminate competition for electrolytic capacitors.
(Reporting by Eric Beech; Editing by Mohammad Zargham)
((eric.beech@thomsonreuters.com; 202-898-8322; Reuters
Messaging: eric.beech.reuters.com@reuters.net))