July 12 – Competition Bureau of Canada – Press Release
The Competition Bureau announced that JTEKT Corporation (JTEKT), a Japanese bearings manufacturer, pleaded guilty to two counts of bid-rigging under the Competition Act and was fined $5 million by the Superior Court of Quebec in Gatineau for its participation in an international bid-rigging cartel. JTEKT's plea relates to automotive wheel hub unit bearings supplied to … Read more