Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Hoechst AG
Current Parent Company: Sanofi
Penalty: $37,000,000
Year: 2000
Date: November 20, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Hoechst, Eastman Chemical, Daicel Chemical and Nippon Gohsei together agreed to pay $82 million to to direct purchaser plaintiffs to settle their roles in litigation alleging a price fixing conspiracy by producers of sorbates. Court documents did not specify how much each company would pay. Eastman, Daicel and Nippon reported their shares, which totaled $45 million, indicating that Hoechst paid $37 million.
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: France
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.