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Violation Tracker Individual Record

Company: Corning Inc. and Corning International Kabushiki Kaisha
Current Parent Company: Corning Inc.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $583,333
Year: 2020
Date: July 15, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Corning agreed to pay $583,333 to the state of California in settlement of allegations it engaged in illegal bid rigging and antitrust violations to illegally inflate the prices of ceramic substrates used in catalytic converters. This was part of several multi-state allegations with separate settlements.
Level of Government: state
Action Type: agency action
Agency: California Attorney General
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: glass & ceramic products
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.