Post Tagged with: "Violation"

Fined by National Development and Reform Commission of People’s Republic of China for Violation of Chinese Antitrust Law

On August 19, 2014 (Chinese Time), JTEKT CORPORATION (“JTEKT”) has been imposed  on a fine of 109.36 million Chinese Yuan (approximately 1,800 million Japanese Yen) by the  National Development and Reform Commission (“NDRC”) of People’s Republic of China for  violation of Chinese antitrust law in relation to some past sales of bearings in Chinese market. As JTEKT treats this matter[Read More…]

DENSO Fined by the Canadian Court for Violation of the Canadian Competition Act

On August 20, 2014 (Canada Eastern Standard Time), DENSO Corporation was ordered to pay a fine of CA$2.45 million (approximately 0.2 billion yen) by the Ontario Superior Court of Justice for violation of the Canadian Competition Act in connection with sales in Canada of certain body electronic control units [body ECUs] for motor vehicles. DENSO has been fully cooperating with[Read More…]