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
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 Parent: 
Chile
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
freight and logistics
Specific Industry of Parent: 
shipping
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.