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Violation Tracker Individual Record

Company: Alcon Vision LLC
Current Parent CompanyAlcon Inc.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $20,000,000
Year: 2022
Date: October 12, 2022
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Alcon agreed to pay $20 million to resolve its role in multi-district litigation in which contact lens producers were accused of price-fixing.
Level of Government: federal
Action Type: private litigation
Court: Middle District of Florida
Civil or Criminal Case: civil
Case ID: 3:15md2626
Case Name: In Re: Disposable Contact Lens Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: medical equipment and supplies
Specific Industry of Current Parent: eyecare products
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.