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Violation Tracker Individual Record

Company: TRW Deutschland Holding GmbH
Current Parent Company: ZF Friedrichshafen
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Penalty: $5,100,000
Year: 2012
Date: July 30, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: TRW Deutschland Holding GmbH, a Koblenz, Germany-based subsidiary of U.S.-based TRW Automotive Holdings Corp., agreed to plead guilty for its involvement in a conspiracy to fix prices of seatbelts, airbags and steering wheels sold to two German automobile manufacturers, and installed in cars sold in the United States. It agreed to pay a $5.1 million criminal fine and to cooperate with the department's ongoing investigation.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: privately held
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.