Justice Department Finding That Price Fixing By Japanese Suppliers Is Business As Usual

When meeting to fix prices on auto parts, Mr. X, a Japanese supplier executive, and his fellow conspirators chose out-of-the-way spots, such as a Big Boy restaurant in a neighboring state.

"It had to be a restaurant where other carmaker people never come," said Mr. X, who asked not to be named. "Because if they found out I was meeting with the other sales guy, they would know what we are doing."

It didn't take long before everyone knew what they were doing.

Read Article

Agent009 - 11/17/2014 9:29:21 AM

+1 Boost

I love this comment:

"The story goes like this: 'I understand you can always say no, but if you accept the request to go to jail, we'll support you 100 percent,'" he said. "If I fight and lose, I lose everything. But if I don't fight the company, the company ... will support me for the rest of my life."

Basically the companies support the practice.