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Violation Tracker Individual Record

Company: Daesang Japan Inc.
Penalty: $90,000
Year: 2001
Date: August 27, 2001
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Two Japanese corporations, Ajinomoto Co. Inc. and Daesang Japan Inc., and one Korean corporation, Cheil Jedang Corporation, agreed to plead guilty and pay criminal fines totaling more than $9 million for participating in a worldwide conspiracy to fix the prices of, and allocate customers for nucleotides, a food flavor enhancer.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.