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Company: Epson Imaging Devices Corporation
Current Parent Company:
Seiko Group
Parent at the Time of the Penalty Announcement:
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Penalty: $26,000,000
Year: 2009
Date: August 25, 2009
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: Japanese electronics manufacturer Epson Imaging Devices Corporation agreed to plead guilty and pay a $26 million criminal fine for its role in a conspiracy to fix prices in the sale of Thin Film Transistor-Liquid Crystal Display panels (TFT-LCD) sold to Motorola Inc.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic equipment
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.