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Violation Tracker Individual Record

Company: Bridgestone Corporation
Current Parent Company: Bridgestone
Penalty: $8,500,000
Year: 2010
Date: January 14, 2010
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Bridgestone agreed to pay over $8 million to settle its role in litigation concerning price fixing of marine hose.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Florida
Civil or Criminal Case: civil
Case ID: 1:08md1888
Case Name: In re Marine Hose Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: automotive parts
Specific Industry of Current Parent: automotive parts-tires
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.