FBI With Search Warrants Raided Three Toyota Suppliers -- Supposedly an Anti-Trust Investigation

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Aegison, Feb 25, 2010.

  1. Aegison

    Aegison Member

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    Excerpt from the article:

    More at:
    Metro Detroit Toyota suppliers raided | detnews.com | The Detroit News
     
    #1 Aegison, Feb 25, 2010
  2. Aegison

    Aegison Member

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    Hmmm Maybe it is an anti-trust investigation - Europe is investigating too

    The FBI raids may indeed be part of a price-fixing investigation. I found an article about European raids of the same kind.

    More at:
    Toyota suppliers raided as part of antitrust probe | freep.com | Detroit Free Press
     
    #2 Aegison, Feb 25, 2010
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  3. apriusfan

    apriusfan New Member

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    Great. So now in addition to the safety issues and a criminal probe, Toyota is under investigation for price fixing? I wonder what is next.
     
    #3 apriusfan, Feb 25, 2010
  4. Pohaku

    Pohaku Member

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    Read carefully. Toyota is not under investigation - the parts manufacturers are. Toyota is a major customer and has some ownership position in some of them, but it is not under investigation. Given that each parts company makes different parts, it appears unlikely that the supposed antitrust violation involves price fixing and more likely involves an allocation of markets.
     
    #4 Pohaku, Feb 26, 2010
  5. cwerdna

    cwerdna Senior Member

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    #5 cwerdna, Feb 27, 2010
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