Takata will settle antitrust charges with US federal prosecutors by paying US$71.3m for price fixing seatbelts sold to automakers, Reuters reported.
The proposed settlement is the latest in a long-running probe by antitrust enforcers in several countries into price fixing of more than 30 types of car parts, including seat belts, radiators, windshield wipers, air-conditioning systems, power window motors and power steering components.
Already, 20 companies and 21 executives have agreed to plead guilty in the US. The companies have agreed to pay US$1.6bn in fines overall.
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