Violation Tracker Individual Record
Company:
Trelleborg AB
Current Parent Company:
Trelleborg
Penalty:
$11,000,000
Year:
2009
Date:
April 20, 2009
Offense Group:
competition-related offenses
Primary Offense:
price-fixing or anti-competitive practices
Violation Description:
Two subsidiaries of the Swedish company Trelleborg AB, one based in Virginia and the other in France, agreed to plead guilty and pay a total of $11 million in criminal fines for their participation in separate conspiracies affecting the sales of marine products 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 Parent:
Sweden
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
chemicals
Specific Industry of Parent:
polymer products
Source of Data:
https://www.justice.gov/opa/pr/subsidiaries-swedish-company-trelleborg-ab-agree-plead-guilty-and-pay-11-million-criminal (archived copy)
Source Notes:
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Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.