Massive auto parts price fixing probe spreads to four continents

Investigators are currently expanding the scope of an automotive component price fixing probe. Officials in Australia, the U.S., Europe and Japan are collaborating to discern the breadth of the issue. So far, 20 automotive suppliers have been identified as being part of the investigation, though it's thought that authorities are looking into a significantly larger number of companies. In fact, a government official has already declared this investigation the largest such probe in U.S. history. Those that have been identified so far are publicly traded and must disclose such investigation to their shareholders by law.

Autoblog, Massive auto parts price fixing probe spreads to four continents