Toyo Tire ordered to pay USD1.25 million fine in Canada for automotive components bid-rigging

News
Policy & Regulation

International bid-rigging conspiracy related to supply of anti-vibration components to Toyota

Japanese tyre-maker Toyo Tire has been fined CAD1.7 million (USD1.25 million) after pleading guilty to three counts of bid-rigging under Canada's Competition Act, according to a press release by the Competition Bureau, an independent Canadian law enforcement agency.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload