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Violation Tracker Individual Record

Company: LG Chem Ltd.
Current Parent CompanyLG
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,056,000
Year: 2013
Date: July 18, 2013
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: LG Chem Ltd., a leading manufacturer of secondary batteries, agreed to plead guilty and to pay a $1.056 million criminal fine for price fixing involving battery cells.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.