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Company: Eastman Chemical Company
Current Parent Company:
Eastman Chemical
Parent at the Time of the Penalty Announcement:
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Penalty: $22,000,000
Year: 2000
Date: November 20, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Eastman Chemical agreed to pay $22 million to direct purchaser plaintiffs to settle its role in litigation alleging a price fixing conspiracy by producers of sorbates.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:98cv4886
Case Name: In re Sorbates Direct Purchaser Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Tennessee
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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