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Violation Tracker Individual Record

Company: Hitachi Maxell Ltd.
Current Parent CompanyHitachi
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Penalty: $3,450,000
Year: 2020
Date: December 10, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: As part of a long-running and complex antitrust case, Hitachi Maxell agreed to pay over $3 million to indirect purchasers to settle allegations that it conspired with other companies to fix the price of lithium-ion batteries. In 2017 it paid the same amount in a settlement with direct purchasers (see separate entry).
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 4:13md2420
Case Name: In Re: Lithium Ion Batteries Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.