Violation Tracker Individual Record

Company: 
Cheil Jedang Corporation
Penalty: 
$3,000,000
Year: 
2001
Date: 
August 27, 2001
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Two Japanese corporations, Ajinomoto Co. Inc. and Daesang Japan Inc., and one Korean corporation, Cheil Jedang Corporation, agreed to plead guilty and pay criminal fines totaling more than $9 million for participating in a worldwide conspiracy to fix the prices of, and allocate customers for nucleotides, a food flavor enhancer.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Antitrust Division
Civil or Criminal Case: 
criminal
Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.