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Violation Tracker Individual Record

Company: Glencore Ltd.
Current Parent CompanyGlencore
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $9,850,000
Year: 2022
Date: February 16, 2022
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Glencore agreed to pay nearly $10 million to settle litigation alleging it monopolized or sought to monopolize the market for special high-grade zinc.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 2:14cv3728
Case Name: In Re: Zinc Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: commodity trading; mining
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.