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Violation Tracker Individual Record

Company: Daiichi Pharmaceutical
Current Parent CompanyDaiichi Sankyo
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Penalty: $4,340,100
Year: 2000
Date: October 11, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Six international vitamin companies agreed to pay a total of $255 million to settle multistate litigation accusing them of conspiring to fix prices. The settlement agreement linked below lists the percentages of the total applicable to each defendant; they were used to determine the penalty amounts in the individual company entries here. The companies reached a separate $85 million agreement with California. These are covered in separate Violation Tracker entries.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data(click here)
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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.