DOJ fines company for colluding on disk drive parts

Charles McConnell

30 July 2019

Credit: iStock/fokusgood

NHK Spring has agreed to plead guilty to fixing the price for suspension assemblies used in hard disk drives and to pay a $28.5 million criminal fine.

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Charles McConnell

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Author | Senior reporter, Global Competition Review

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Tipline

Sigh of the Times: The Tipline for 19 January 2021
Antitrust defendants let out a collective sigh of relief on Monday as President-elect Joe Biden announced his selection of Rohit Chopra to lead the Consumer Financial Protection Bureau. It remains unclear who will fill Chopra’s seat at the Federal Trade Commission, but Biden may be hard-pressed to find a competition enforcer as aggressive as the outgoing Democrat. Also in Tipline, the ASCAP/BMI consent decrees survive another review and the FTC quarrels over healthcare advocacy. …
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