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Violation Tracker Individual Record

Company: Sharp Corporation
Current Parent CompanyFoxconn Technology Group (Hon Hai Precision Industry Company)
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Penalty: $115,500,000
Year: 2011
Date: December 27, 2011
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Seven manufacturers of flat screen LCD (Liquid Crystal Display) panels agreed to pay more than $500 million to settle multistate price-fixing allegations.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Taiwan
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.