FBI, Dept. of Justice raid auto parts suppliers in antitrust probe
The FBI raided the U.S. offices of three auto suppliers as part of an antitrust investigation, the agency said Wednesday.
The FBI’s Detroit office said agents raided the offices of Denso Corp, Yazaki North America and Tokai Rika. All the raids took place Tuesday evening.
Justice Department spokeswoman Gina Talamona said the department is conducting an investigation of automotive electronics suppliers. It was unclear if other companies were involved in the investigation.
“The antitrust division is investigating the possibility of anticompetitive cartel conduct,” Talamona said in a statement. “We are coordinating with the
Denso spokeswoman Julie Kerr says the search of the company’s office — which oversees Denso’s operations in North and South America and is located in Southfield, Mich. — took place on Tuesday. She declined to offer details of the investigation, but said it is unrelated to
Yazaki spokeswoman Shefali Cromer said FBI agents searched its U.S. headquarters in Canton, Mich., as well as offices in Lexington, Ky., and Columbus, Ohio. Cromer, whose company makes electronics for several automakers, said the officials reviewed documents, but she was unaware of the nature of the investigation.
Tokai Rika spokesman Joe Rine also confirmed a raid and said the company would be cooperating.
“We haven’t done anything wrong. We’ll supply them with all the information,” said Joe Rine, a local spokesman for Tokia Rika, which makes interior components for
A person familiar with the antitrust investigation said it involves possible discussions among the parts suppliers, not the safety of the parts themselves. This person spoke on condition of anonymity to be able to speak more fully about the matter.
Yost reported from Washington.