Violation Tracker Individual Record
Company:
Alpharma, Inc.
Current Parent Company:
Pfizer
Penalty:
$2,500,000
Year:
2004
Date:
August 12, 2004
Offense Group:
competition-related offenses
Primary Offense:
price-fixing or anti-competitive practices
Secondary Offense:
consumer protection violation
Violation Description:
Generic drug manufacturers Alpharma Inc. and Perrigo Company agreed to give up a total of $6.25 million in illegal profits to settle Federal Trade Commission allegations that their agreement to limit competition for over-the-counter store-brand children's liquid ibuprofen drove up prices and violated federal law.
Level of Government:
federal
Action Type:
agency action
Agency:
Federal Trade Commission
Civil or Criminal Case:
civil
HQ Country of Parent:
USA
HQ State of Parent:
New York
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
pharmaceuticals
Specific Industry of Parent:
pharmaceuticals
Source of Data:
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.