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Violation Tracker Individual Record

Company: Infineon Technologies AG
Current Parent CompanyInfineon Technologies
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $160,000,000
Year: 2004
Date: September 15, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Infineon Technologies AG, a German manufacturer of dynamic random access memory (DRAM), agreed to plead guilty and to pay a $160 million fine for participating in an international conspiracy to fix prices in the DRAM market.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: semiconductors
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.