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Violation Tracker Individual Record

Company: E.I. du Pont de Nemours and Company
Current Parent CompanyDuPont de Nemours
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Penalty: $8,575,000
Year: 2004
Date: May 20, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Alpek S.A. de C.V. and DuPont together agreed to pay $17.15 million to settle their role in litigation concerning price fixing of polyester staple fiber. Court documents did not indicate how much each company would pay. Here we assume they each paid half of the total.
Level of Government: federal
Action Type: private litigation
Court: Western District of North Carolina
Civil or Criminal Case: civil
Case ID: 3:03cv1516
Case Name: In re: Polyester Staple Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Delaware
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: specialty materials
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.