The US company controls about 88% of the South American country’s market for paper tissues and personal hygiene disposables.
If approved, money go to the government’s general revenue fund, not to ratepayers.
Part of a wide ranging probe in an apparent effort to force down prices.
Thirty-four individuals have been charged and 27 companies have pleaded guilty, agreeing to pay more than $2.3 billion in fines.
Company is charged with allocating sales, rigging bids and raising prices of anti-vibration rubber parts sold to car makers.
European Chamber of Commerce in China says accusations get more publicity from state-controlled media.
Largest criminal antitrust case surpasses the break-up of a vitamin cartel in the late 1990s.
Fujikura Ltd. will pay a $20 million criminal fine
Yazaki Corp. and DENSO Corp. have become the centre of the biggest anti-trust investigation in U.S. history