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Violation Tracker Individual Record

Company: GlaxoSmithKline
Current Parent Company: GlaxoSmithKline
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $14,000,000
Year: 2006
Date: March 28, 2006
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: GlaxoSmithKline agreed to pay $14 million to resolve multistate litigation alleging that state government programs were compelled to pay inflated prices for the firm's anti-depressant drug Paxil because GSK engaged in patent fraud, antitrust violations and frivolous litigation to maintain a monopoly and block generic versions from entering the market.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
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.