On October 18, 2017, a federal grand jury in the Northern District of California in San Francisco returned an indictment charging Nippon Chemi-Con, a Japanese electrolytic capacitor manufacturer, with conspiracy to fix prices for electrolytic capacitors, which store and regulate electrical current in a variety of electronic products.  According to the indictment, between 1997 and 2014, Nippon Chemi-Con agreed with co-conspirators to fix prices of electronic capacitors, sold in accordance with these agreements, and took steps to conceal the conspiracy.  Three current and one former Nippon Chemi-Con executives have also been indicted for participating in the conspiracy.  A total of eight companies (including Nippon Chemi-Con) and 10 individuals have been charged in connection with this conspiracy.  Assistant Attorney General Makan Delrahim of the DOJ’s Antitrust Division stated that the Nippon Chemi-Con indictment should send a message that “[t]he Division will prosecute companies — no matter where they are located — that violate U.S. antitrust laws.”  U.S. v. Nippon Chemi-Con Corp., 17-cr-00540 (N.D. Cal.)

DOJ Press Release