The Litigator

THE LITIGATOR

Commentary on Law Affecting Business

The Litigator
AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR

Affleck Greene McMurtry LLP
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416 360 2800  ·  info@agmlawyers.com  ·  www.thelitigator.ca

Bearing manufacturer rigged bids, fined $5 million

Japanese bearings manufacturer JTEKT Corporation has pleaded guilty to rigging bids for parts for Toyota vehicles and was fined $5 million, the Competition Bureau announced recently.

JTEKT obtained leniency in exchange for cooperating with the Bureau’s inquiry.

Including this conviction, the Bureau has racked up three convictions and $40 million in fines in its ongoing auto parts investigations. (See Litigator articles on previous auto parts convictions here and here)

Yonatan Lipetz (Former Articling Student)
Affleck Greene McMurtry LLP

Yonatan Lipetz (Former Articling Student)

Yonatan Lipetz formerly an Articling Student with Affleck Greene McMurtry LLP

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