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Bolerjack Quoted in Automotive News and Crain's Detroit Business

Justice official: Auto supply price-fixing probe is biggest in U.S. history

December 20, 2011

Dykema's Steve Bolerjack was quoted in the article "Justice official: Auto supply price-fixing probe is biggest in U.S. history," which appeared in the December 20, 2011 editions of Automotive News and Crain's Detroit Business. The article addresses the expanding investigation into alleged price fixing by auto-parts suppliers on four continents. According to the article, it is, "the most sweeping in U.S. history." Also according to the article, antitrust laws in the United States and other countries provide incentive for suppliers to either turn themselves in or report others of wrongdoing.

Both publicly and privately held suppliers are at risk of being targeted in the investigation. Bolerjack provided comment suggesting that since the investigation has already impacted several large companies, many smaller operations, who do not have the obligation to disclose, will also be targeted. When asked to comment on the situation Bolerjack said, "suppliers should be reviewing their own antitrust compliance procedures and making sure they could respond to an expansive subpoena."

Click here to read the complete article, "Justice official: Auto supply price-fixing probe is biggest in U.S. history."