Violation Tracker Individual Record
Company:
Bioproducts Incorporated
Penalty:
$2,275,454
Year:
2009
Date:
December 2, 2009
Offense Group:
competition-related offenses
Primary Offense:
price-fixing or anti-competitive practices
Violation Description:
A group of 11 companies agreed to pay a total of $25.03 million to settle multistate litigation alleging they conspired to fix the prices of vitamins added to foods such as ready-to-eat cereals. The announcement did not specify how much each company would pay. Here we assume the total was divided equally among them.
Level of Government:
state
Action Type:
agency action
Agency:
Multistate Attorneys General Case
Civil or Criminal Case:
civil
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.