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Violation Tracker Individual Record

Company: 3M Company
Current Parent Company: 3M Company
Penalty: $39,750,000
Year: 2007
Date: May 15, 2007
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: 3M agreed to pay nearly $40 million to settle litigation alleging it engaged in predatory pricing by requiring small retailers to purchase large quantities of its products to get significant discounts.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:02cv7676
Case Name: Bradburn Parent/Teacher Store, Inc. v. 3M (Minnesota, Mining and Manufacturing Company)
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Minnesota
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: diversified
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (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.