Yazaki cartel penalty raised to $46m - Supply Management
Yazaki coordinated quotes with a competitor over the supply of wire harnesses for the Toyota Camry © Toyota
Yazaki coordinated quotes with a competitor over the supply of wire harnesses for the Toyota Camry © Toyota

Yazaki cartel penalty raised to $46m

Will Green is news editor of Supply Management
21 May 2018

Yazaki Corporation has been ordered to pay penalties totalling $46m after it engaged in anti-competitive cartel conduct in Australia.

Last year the firm was fined $9.5m by Australia’s Federal Court but the sum has been increased to the highest ever handed down under the Competition and Consumer Act, following an appeal by the Australian Competition and Consumer Commission (ACCC).

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