Panasonic Refrigerator core technology monopoly Embraco price-fixing conspiracy.docVIP

 PAGE \* MERGEFORMAT 6 Panasonic Refrigerator core technology monopoly Embraco price-fixing conspiracy Following the sudden announcement of Matsushita Electric in China due to safety issues solenoid valve 36 million units recalled the problem refrigerator after a few days ago, inside the refrigerator market again exposed alarming: two global compressor business Matsushita Electric, for conspiracy to manipulate Embraco compressor prices, proposed by the U.S. Department of Justice commercial charges, the two companies not only pleaded guilty, and fines by paying $ 140,900,000 to remain silent. September 30, ““ China Enterprise Newsgt;gt; Learned that the U.S. Justice Department announced that Matsushita Electric and the U.S. subsidiary of Whirlpool North America Embraco admitted in 2004 to 2007, jointly manipulated U.S. and overseas markets double the price of refrigeration compressors. Thus, Embu Club will pay a fine of $ 91,800,000, while Matsushita Electric will pay a fine of $ 49,100,000. According to prosecutors in federal court in Detroit, said the two companies and some other accomplices held a meeting and dialogue to agreements for domestic and small commercial compressors compressor prices. At the same time, these companies also exchanged information to each other and force the parties to monitor implementation of the Agreement price. This is the Ministry of Justice on the case to the first indictment, the current investigation is still continuing. Two of the world’s largest refrigerator compressor manufacturers, and its manipulation of the price for the compressor in addition to the United States, is also involved in China? The two companies have production bases in China, production and sales in China, whether the compressor there is price-fixing behavior? as a domestic refrigerator manufacturers and consumers, but also how to avoid the upper reaches of the price of key parts of business operations, to safeguard their legitimate rights and inter