California recovers $23M from auto parts makers’ bid rigging squib

SACRAMENTO, Calif. (AP) — California has recovered more than $23 million from settlements with 52 automobile parts manufacturers for illegal bid rigging that jacked up consumer costs, state Attorney General Xavier Becerra said Wednesday. The parts makers suppressed competition by conspiring to fix prices in automobile manufacturers’ requests for bids, Becerra said. “Those rigged bids […]
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