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Maruyasu To Pay $12M Criminal Fine For Steel Tube Collusion

By Chuck Stanley ( May 31, 2018, 8:26 PM EDT) -- Japanese auto parts maker Maruyasu Industries was ordered by an Ohio federal court Thursday to pay a $12 million fine after pleading guilty to participating in a criminal conspiracy to fix prices, rig bids and allocate customers for automotive steel tubes used in the manufacture of vehicles sold in the U.S....

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