Violation Tracker Individual Record

Company: 
De Beers Centenary AG
Current Parent Company: 
Anglo American PLC
Penalty: 
$10,000,000
Year: 
2004
Date: 
July 13, 2004
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

De Beers Centenary AG pled guilty and was sentenced to pay a $10 million criminal fine to resolve a longstanding indictment for conspiring to fix the price of industrial diamonds in 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: 
United Kingdom
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
mining and minerals
Specific Industry of Parent: 
mining
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.