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Violation Tracker Individual Record

Company: Benco Dental Supply Company
Penalty: $13,000,000
Year: 2019
Date: June 25, 2019
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Three major dental supply companies--Henry Schein, Patterson Companies and Benco--agreed to pay a total of $80 million to settle litigation accusing them of price fixing. Court documents did not indicate how much each company paid. In a 10-K filings Henry Schein and Patterson reported putting aside a total of about $67 million in connection with the case. Here we thus assume Benco paid the remainder of about $13 million.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of New York
Civil or Criminal Case: civil
Case ID: 1:16cv696
Case Name: In re Dental Supplies Antitrust Litigation
Private Lawsuit Resolution Type: settlement
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.