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Violation Tracker Individual Record

Company: Zeon Chemicals L.P.
Current Parent Company: Zeon Corporation
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $10,500,000
Year: 2005
Date: January 12, 2005
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Zeon Chemicals L.P., a Kentucky-based wholly owned subsidiary of Zeon Corporation of Tokyo, Japan, agreed to plead guilty and to pay a $10.5 million criminal fine for participating in a conspiracy to fix prices of synthetic rubber used to manufacture a variety of products including automotive parts.
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: chemicals
Specific Industry of Current Parent: chemicals
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.