Violation Tracker Individual Record

Company: 
Continental Automotive Electronics LLC and Continental Automotive Korea Ltd.
Current Parent Company: 
Continental AG
Penalty: 
$4,000,000
Year: 
2014
Date: 
November 24, 2014
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Continental Automotive Electronics LLC and Continental Automotive Korea Ltd. both have agreed to plead guilty and to pay a single criminal fine of $4 million for their roles in a conspiracy to rig bids of instrument panel clusters installed in vehicles manufactured and sold in the United States.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Antitrust Division
Civil or Criminal Case: 
criminal
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
automotive parts
Specific Industry of Parent: 
automotive parts-tires
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.