Nippon Yusen Kabushiki Kaisha
Approved Evidence
Added to Rotten Company: 9/1/2026
Conduct/Event period: February 1997–September 2012
Ongoing: No
Resolution status: Resolved
Resolution date: December 29, 2014
Nippon Yusen agreed to plead guilty and pay $59.4 million for vehicle-shipping price fixing
Summary
On December 29, 2014, Nippon Yusen Kabushiki Kaisha agreed to plead guilty and pay a $59.4 million criminal fine for fixing prices, allocating customers and rigging bids for international roll-on/roll-off ocean shipping services. DOJ said NYK participated from at least February 1997 through September 2012. The plea agreement was subject to court approval at announcement. Primary source: https://www.justice.gov/archives/opa/pr/third-company-agrees-plead-guilty-price-fixing-ocean-shipping-services-cars-and-trucks
Evidence Weight
97.23
Severity: high
Recency Weight: 97.23426433155441
File Weight: 1