Chapter 119: Sold SKF backhandedly
Bearing parts were included in the first batch of anti-monopoly investigations.
This puts a lot of pressure on the companies involved.
Needless to say, SKF's legal team is all dealing with this.
This is followed by NTN.
The influence of this Dongying enterprise in the global bearing enterprises is second only to SKF, not only Honda, Nissan and other Dongying car companies have a large number of orders, GM, Ford is also its customers.
The entire NTN Group is now debating how to deal with this issue.
"President, there is news from the United States that as long as we are willing to stand up and provide evidence, then we can deal with it lightly."
"I think it's okay to consider asking the U.S. branch and other branches to fully cooperate, otherwise we will be fined $100 million or even $200 million directly, and this year's report will not be read."
Within NTN, a meeting is now held every day to discuss anti-monopoly matters.
"Once we are sure that we have provided evidence, can we get a chance for leniency?"
As the president of NTN, Ito needs to consider all kinds of things.
It's not unacceptable to betray your teammates, as long as it's good for you.
Anyway, dead friends don't die poor.
SKF, Schaeffler, or JTEKT and Enske, both of which are the same companies, can be sold.
"The U.S. judiciary has now investigated dozens of international parts giants in one go, and they are also eager to open up the situation and give other manufacturers a deterrent."
"Whoever stands up to provide evidence at this time will definitely have a chance to be dealt with lightly."
"We could even avoid being fined."
Hearing that his subordinates had given him such a clear message, Ito Zuoichi no longer hesitated, and said directly: "Then arrange it and let the American branch fully cooperate with the investigation." ”
"At the same time, we also let other branches in other places sort out and collect anti-monopoly-related evidence, so that the American judicial authorities can see our sincerity."
Although there are geographical restrictions on anti-monopoly investigations, if evidence of SKF and other peers in other countries can be provided, it will certainly be of reference and reference for anti-monopoly investigations in the United States.
After all, these companies are global enterprises, and the style of each branch has a certain trace of standardization.
Even the heads of each branch were originally people from the same department at the headquarters.
The education and training received by everyone is similar.
"No problem, I'll arrange it now."
"Just some time ago, I heard that SKF joined us with some machine tool companies to deal with a company in the Chinese market."
"This time, I asked the Huaxia branch to collect evidence, maybe it can be a surprise."
With this meeting at NTN headquarters, the branches of various countries immediately took action.
In this way, I really found a lot of things.
"Are you saying that for the supply of bearings in Modu General, SKF has specially agreed with us on share differentiation and quotation strategy?"
Within a few days, Ito Zuoichi flew to the Huaxia Demon Capital to listen to the report of NTN's Huaxia branch.
"President, there is indeed such a thing."
"According to SKF's previous agreement with us, they will mainly produce the wheel bearings of Modu GM, and only one of the models with a small output will be selected to us."
"But in terms of drive shaft bearings, it is the other way around, they will cooperate with us to quote a relatively high price, so that we can become a general supplier of drive shaft bearings in Modu."
"Of course, now due to a little accident, most of their wheel bearing orders have been cut to a local supplier in Huaxia."
Jiro Yamashita, general manager of NTN Huaxia Branch, was very nervous to report to Ito Saiichi.
Don't look at him as the general manager of the Huaxia branch, but his status in the headquarters is many levels worse than Ito Saiichi.
In these years, the status of the American branch is the highest, and the general level of the Chinese side is lower.
For example, Jiro Yamashita didn't even enter the board of directors of NTN, let alone the executive director, special director, and so on.
In Dongying enterprises, the hierarchy between superiors and subordinates is very strict.
In the context of a lifelong employer, you can only suffer honestly if you are beaten by your superiors.
If you don't have a face, it's something you can't think about at all.
"I don't care about any accidents now, I only care about SKF and our violation of antitrust laws, is there any evidence?"
"Does this evidence stand up to a sales pitch?"
"Can you provide witnesses?"
As the president of NTN, Sakaichi Ito's focus is naturally different from that of Jiro Yamashita.
The most critical issue now is to resolve the antitrust investigation of NTN by the U.S. judiciary.
Everything else can serve this purpose.
"It's a bit difficult to have very direct documentary evidence, but there's a lot of circumstantial evidence."
"As for witnesses, if there is a need from the headquarters, we can ask the head of the sales department to come out as a witness."
"It's just that these are all things that happened in Huaxia, and I'm afraid they won't play a big role in the anti-monopoly investigation in the United States."
Jiro Yamashita actually didn't want to get involved in this matter.
No matter what it looks like, he doesn't take credit.
But if you are not careful, you will never recover.
What does the matter of the United States have to do with him, the general manager of China?
Even if the income is not good, he still wishes that there would be some baskets from the American branch.
Don't think that only Huaxia has factions within the enterprise, the mountains within Dongying's enterprise are as serious as the faction.
Obviously, Jiro Yamashita is not from the same faction as the head of the United States.
"Normally, the evidence on Huaxia's side naturally doesn't play a big role."
"But if it has something to do with the Demon Capital, the situation is different."
"This is a joint venture of General Motors in China, and SKF's violation of the antitrust law can be related to General Motors, which can definitely play a good role in assisting."
Ito Saiichi felt that his trip to China was not in vain.
With this evidence, coupled with the evidence from the United States, NTN should be able to obtain the forgiveness of the American judiciary.
As for the backhand to sell SKF.
He didn't care about any bad effects of this approach.
Anyway, everyone is a competitor, and I can't wait for the other party to go out of business.
NTN's main product is bearings, and I am not afraid that after doing this to SKF, other giants will have opinions about themselves.
However, in this way, SKF is sitting on wax.
Ovid, the president of the Asia-Pacific region, was about to go to bed when a phone call from headquarters chased him.
(End of chapter)