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Violation Tracker Individual Record

Company: Akzo Nobel Chemicals BV
Current Parent Company: Carlyle Group
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Penalty: $12,000,000
Year: 2001
Date: June 27, 2001
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Dutch chemical giant, Akzo Nobel Chemicals BV, agreed to plead guilty and pay a $12 million criminal fine for participating in an international conspiracy to fix prices and allocate market shares of monochloroacetic acid (referred to as MCAA).
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: USA
HQ State of Current Parent: District of Columbia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: private equity (including portfolio companies)
Specific Industry of Current Parent: private equity (including portfolio companies)
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.