He added, “Today’s announcement is the culmination of years of work by our office to hold these auto parts companies accountable and to maintain a fair and competitive economy for Californians.”
The U.S. Department of Justice (DOJ) conducted separate investigation into the price-fixing and bid rigging allegations against the auto parts manufacturers. Forty six of the accused companies already pleaded guilty to the allegations and agreed to pay almost $3 billion in penalties to the federal government.
Maruyasu Industries, one of the accused auto parts manufacturers, agreed to pay $12 million in fine last year.
Separately, the auto parts manufacturers are also facing class action lawsuits filed by attorneys representing indirect purchasers.
