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Violation Tracker Individual Record

Company: Compania Sud Americana de Vapores S.A.
Current Parent Company: CSAV
Penalty: $8,900,000
Year: 2014
Date: February 27, 2014
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Compania Sud Americana de Vapores S.A. (CSAV), a Chilean corporation, agreed to plead guilty and to pay an $8.9 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers and rig bids of international ocean shipping services for roll-on, roll-off cargo, such as cars and trucks, to and from the United States and elsewhere.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Chile
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: freight and logistics
Specific Industry of Current Parent: shipping
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.