UPDATE 1-South Africa antitrust watchdog charges Takata with price fixing

From Reuters - March 14, 2018

JOHANNESBURG (Reuters) - South African competition watchdog charged Takata Corp with price fixing on Wednesday, another blow to the Japanese auto safety products maker in the throes of a massive airbag scandal.

The Competition Commission said Takata worked with other firms to fix prices, divide the market and collude in their bidding for four different seat belts and airbags contracts with as three auto makers.

There was no one immediately available comment at Takata South African office.


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