Japan's NGK Insulators to pay $65.3 million for price fixing
September 03, 2015 at 14:30 PM EDT
WASHINGTON, Sept 3 (Reuters) - Japan's NGK Insulators Ltd , which makes parts needed in automotive catalytic converters, has agreed to pay $65.3 million for fixing the prices of parts supplied to car makers and to plead guilty to criminal charges, the Justice Department said on Thursday.
