Nishikawa Rubber Agrees to Settle in US Antitrust Probe

Nishikawa Rubber Co. Ltd. (TYO:5161) announced on July 20 that it has agreed to plead guilty and pay $130 million in fines for infringement of U.S. antitrust law through the company’s sales of automotive sealing parts. Nishikawa Rubber had fully cooperated with the U.S. Department of Justice in its investigation into the company’s automobile sealing products, and has decided to…

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