Mitsubishi Heavy Industries, Ltd.
Approved Evidence
Added to Rotten Company: 9/1/2026
Conduct/Event period: January 2001–February 2010
Ongoing: No
Resolution status: Resolved
Resolution date: November 6, 2013
Mitsubishi Heavy Industries pleaded guilty and paid $14.5 million for auto-parts price fixing
Summary
Mitsubishi Heavy Industries, Ltd. pleaded guilty on November 6, 2013 and was sentenced to pay a $14.5 million criminal fine for conspiring to rig bids and fix prices for automotive compressors and condensers sold to General Motors and Mitsubishi Motors North America. DOJ said the conspiracy ran from at least January 2001 through February 2010. Primary source: https://www.justice.gov/archives/opa/pr/nine-automobile-parts-manufacturers-and-two-executives-agree-plead-guilty-fixing-prices
Evidence Weight
97.19
Severity: high
Recency Weight: 97.19435290860604
File Weight: 1