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Company: CIBA Vision
Current Parent Company:
Novartis
Parent at the Time of the Penalty Announcement:
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Penalty: $5,000,000
Year: 2000
Date: November 3, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: CIBA Vision agreed to pay $5 million to settle multistate litigation alleging price-fixing of replacement contact lenses.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
