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Violation Tracker Individual Record

Company: Degussa AG
Current Parent Company: Evonik Industries
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $8,560,000
Year: 2004
Date: February 18, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Degussa agreed to pay over $8 million to settle its role in litigation alleging a price-fixing conspiracy involving producers of the B vitamins biotin and niacin.
Level of Government: federal
Action Type: private litigation
Court: District of the District of Columbia
Civil or Criminal Case: civil
Case ID: 1:99mc197 MDL 1285
Case Name: In re: Vitamins Antitrust, et al v. Lead Defendants
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.