[NJARC] Three Companies Agree to Plead Guilty for Fixing Prices of Electrolytic Capacitors

[William Overbeck]

Death by discharge !!
 
Bill Overbeck
 
 
-----Original Message-----
From: Joe Connor via NJARC <njarc at mailman.qth.net>
To: Bill Zukowski <n2yeg at optonline.net>; NJARC <NJARC at mailman.qth.net>
Sent: Thu, Aug 25, 2016 9:42 pm
Subject: Re: [NJARC] Three Companies Agree to Plead Guilty for Fixing Prices of Electrolytic Capacitors

Just remember
Reply = Poster
Reply All = Everyone

_________________________________________________________


Price-fixing on 'lytics? Is nothing sacred?


Hey, Sal, I know a good lawyer!


Joe Connor
 



 
 
 
 On Thursday, August 25, 2016 9:31 PM, Bill Zukowski <n2yeg at optonline.net> wrote:

 
 

 

    
I hope Mat and Sal don't go to capacitor jail!
    
    
    
On 8/25/2016 6:37 PM, TrainBee via      NJARC wrote:
    
    
      
Just remember
Reply = Poster
Reply All = Everyone

_________________________________________________________

      
      
      
      FYI...
          
          Joe Devonshire
          
        
        
Justice News
        
          
            
  
          
        
        
          
            
            
          
        
                 
          
Department of Justice
          
Office of Public Affairs
        
        
        
          
FOR IMMEDIATE RELEASE
          
            
              
Monday, August 22,                  2016
            
          
        
        
Three Companies Agree to Plead Guilty for          Fixing Prices of Electrolytic Capacitors
        
          
            
              
Rubycon, Elna and Holy                    Stone Are Latest Companies to Plead Guilty in                    Ongoing Investigation
              
Rubycon Corporation, Elna Co., Ltd. and Holy Stone                Holdings Co., Ltd. will plead guilty for their roles in                a conspiracy to fix prices for electrolytic capacitors                sold to customers in the United States and elsewhere,                the Department of Justice announced today. 
              
“The Antitrust Division has now charged five                companies and one individual for their participation in                this international price-fixing conspiracy,” said Deputy                Assistant Attorney General Brent Snyder of the Justice                Department’s Antitrust Division.  “The electrolytic                capacitors conspiracy affected millions of American                consumers who use electronic devices containing                capacitors every day.”
              
Electrolytic capacitors store and regulate electrical                current in a variety of electronic products, including                computers, televisions, car engine and airbag systems,                home appliances and office equipment. 
              
The division filed one-count felony charges against                each of the three companies in U.S. District Court in                San Francisco today.  In addition to pleading guilty to                the charges against them, each company has agreed to pay                a criminal fine and cooperate with the division’s                ongoing investigation.  The plea agreements are subject                to court approval. 
              
Previously, NEC TOKIN Corp. and Hitachi Chemical Co.                Ltd. pleaded guilty to participating in the same                worldwide conspiracy.  NEC TOKIN was sentenced to pay a                fine of $13.8 million in January 2016, and Hitachi                Chemical was sentenced to pay a fine of $3.8 million in                June 2016.  On March 12, 2015, a grand jury indicted                Takuro Isawa, a former Global Sales General Manager for                one of the capacitor manufacturers, for his alleged                participation in the conspiracy.  
              
The charges today results from an ongoing federal                antitrust investigation being conducted by the Antitrust                Division’s San Francisco Office and the FBI’s San                Francisco Field Office into price fixing, bid rigging                and other anticompetitive conduct in the capacitor                industry.  Anyone with information on price fixing, bid                rigging or other anticompetitive conduct related to the                capacitors industry should contact the Antitrust                Division’s Citizen Complaint Center at 1-888-647-3258,                visit www.justice.gov/atr/contact/newcase.html                or call the FBI tip line at 415-553-7400.
              
Elna                  Information
              
Holy                  Stone Information
              
Rubycon                  Information
            
          
        
            
      
      
      
______________________________________________________________
NJARC mailing list
Home: http://mailman.qth.net/mailman/listinfo/njarc
Help: http://mailman.qth.net/mmfaq.htm
Post: mailto:NJARC at mailman.qth.net

This list hosted by: http://www.qsl.net
Please help support this email list: http://www.qsl.net/donate.html
    
    
  



Just remember
Reply = Poster
Reply All = Everyone

_________________________________________________________



______________________________________________________________
NJARC mailing list
Home: http://mailman.qth.net/mailman/listinfo/njarc
Help: http://mailman.qth.net/mmfaq.htm
Post: mailto:NJARC at mailman.qth.net

This list hosted by: http://www.qsl.net
Please help support this email list: http://www.qsl.net/donate.html



 
 
 
  

______________________________________________________________
NJARC mailing list
Home: http://mailman.qth.net/mailman/listinfo/njarc
Help: http://mailman.qth.net/mmfaq.htm
Post: mailto:NJARC at mailman.qth.net

This list hosted by: http://www.qsl.net
Please help support this email list: http://www.qsl.net/donate.html
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.qth.net/mailman/private/njarc/attachments/20160826/a16414a9/attachment.html>