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Violation Tracker Individual Record

Company: Elf Atochem S.A.
Current Parent Company: Arkema
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $8,500,000
Year: 2002
Date: March 14, 2002
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Elf Atochem S.A., an international French-based chemical conglomerate, agreed to plead guilty and pay fines totaling $8.5 million for participating in two international conspiracies that suppressed competition in the industrial chemical markets for monochloroacetic acid and organic peroxides.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: France
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
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.