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Violation Tracker Individual Record

Company: International Paper Company
Current Parent CompanyInternational Paper
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Penalty: $17,000,000
Year: 2003
Date: December 9, 2003
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: International Paper Company, Union Camp Corporation, Georgia-Pacific Corporation and Weyerhaeuser Company together agreed to pay $68 million to settle their role in litigation alleging that major producers of linerboard engaged in price fixing. Court documents did not indicate how much each company would pay. Here we assume they each paid an equal share of the total.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:10md1261
Case Name: In re Linerboard Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Tennessee
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: paper and packaging
Specific Industry of Current Parent: paper & packaging
Source of Data: 321 F.Supp.2d 619 (E.D. Pa. 2004)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.