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Violation Tracker Individual Record

Company: Manuli Rubber Industries SpA
Penalty: $2,000,000
Year: 2008
Date: July 28, 2008
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: bid-rigging
Violation Description: A Milan, Italy-based marine hose manufacturer and the former president of its former U.S. subsidiary agreed to plead guilty and pay more than $2 million in criminal fines for participating in a conspiracy to rig bids, fix prices, and allocate market shares of marine hose sold in the United States and elsewhere.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.