Violation Tracker Individual Record

Company: 
Crompton Corporation
Current Parent Company: 
Lanxess
Penalty: 
$50,000,000
Year: 
2004
Date: 
March 15, 2004
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Crompton Corporation, a U.S. manufacturer of rubber chemicals based in Middlebury, Connecticut, agreed to plead guilty and pay a $50 million fine for participating in an international conspiracy to fix prices in the rubber chemicals market.

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: 
chemicals
Specific Industry of Parent: 
chemicals
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.