NEC Tokin Corp. will plead guilty and pay a $13.8 million fine for conspiring with competitors between 2002 and 2013 to fix prices for electrolytic capacitors in the U.S. (U.S. v. NEC Tokin Corp., N.D. Cal., 15-cr-00426, 9/2/15).
This is the first guilty plea in an ongoing investigation into the electrolytic capacitors market, Assistant Attorney General William J. Baer, chief of the Justice Department’s Antitrust Division, on Sept. 3 acknowledged.
Baer stated: “NEC Tokin and its co-conspirators fixed prices on capacitors, a component used in just about every product that has a battery or a plug.”
DOJ ...
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