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Violation Tracker Individual Record

Company: Stanley Electric Co. Ltd.
Current Parent Company: Stanley Electric
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $1,440,000
Year: 2013
Date: November 27, 2013
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Stanley Electric Co. Ltd., a Tokyo-based company, agreed to plead guilty and to pay a $1.44 million criminal fine for its participation in a conspiracy to fix prices of lamp ballasts installed in cars 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
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: automotive parts
Specific Industry of Current Parent: automotive parts
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.