OMRON automotive subsidiary agreed to plead guilty to power-window-switch bid rigging
Company: OMRON Corporation
Summary
On March 17, 2016, Omron Automotive Electronics Co., Ltd., an OMRON group company, agreed to plead guilty and pay a $4.55 million criminal fine for conspiring from 2003 through 2013 to rig bids on power-window switches supplied for Honda Civics. The plea agreement was subject to court approval. This record attributes the conduct to the named automotive subsidiary, not to a separate criminal conviction of OMRON Corporation. Primary source: https://www.justice.gov/archives/opa/pr/omron-automotive-electronics-co-ltd-pay-455-million-bid-rigging-power-window-switches