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Violation Tracker Individual Record

Company: Danfoss Flensburg GmbH
Current Parent Company: Danfoss
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $3,000,000
Year: 2011
Date: October 4, 2011
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Danfoss Flensburg GmbH, formerly Danfoss Compressors GmbH, agreed to plead guilty and to pay a $3 million criminal fine for its role in an international conspiracy to fix the prices of light commercial compressors, a type of refrigerant compressor used in devices such as water coolers and vending machines.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Denmark
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: industrial equipment
Specific Industry of Current Parent: fluid control equipment
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.