Antitrust Law Daily Wrap Up, WORTH NOTING—Other Antitrust and Trade Regulation developments, (Nov 3, 2015)
A periodic roundup of other items of interest to the Antitrust and Trade Regulation community:
ANTITRUST NEWS: A fine of $62 million against Kayaba Industry Co., Ltd., a Japanese manufacturer of automotive and motorcycle components, was entered by the federal district court in Cincinnati on November 2. Kayaba, also known as KYB Corporation, had previously agreed to plead guilty and to pay the fine for its role in a conspiracy to fix prices for shock absorbers sold to vehicle manufacturers (U.S. v. Kayaba Industry Co. Ltd., Case: 1:15-cr-00098-MRB).
ADVERTISING NEWS: The FTC has approved a final consent order with wet wipe manufacturer Nice-Pak Products, Inc., requiring it to stop advertising moist toilet tissue and cloth as flushable or safe for sewer or septic systems unless it can substantiate those claims (In re Matter of Nice-Pak Products, Inc., FTC File No. 132-3272).
News: Antitrust Advertising