Beijing • A Japanese auto parts supplier, NSK Ltd., said Tuesday it was fined $28.2 million by Chinese anti-monopoly regulators in an unfolding probe of the industry.
In a statement, Tokyo-based NSK gave no details of the offenses of which it was accused. The company said it was cooperating with authorities.
Regulators have launched a series of anti-monopoly investigations against global automakers and technology suppliers under China's 6-year-old anti-monopoly law in a possible effort to force down prices.
An official said earlier that 11 Japanese companies in the auto industry violated the law but none had been publicly identified.
Regulators have disclosed few details about the basis for their investigation but one agency said Mercedes Benz was guilty of "vertical price-fixing." It said the company, a unit of Germany's Daimler AG, used its control over supplies of replacement parts to charge excessive prices.