Violation Tracker Individual Record
Company:
LG Chem Ltd.
Current Parent Company:
LG
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 Parent:
South Korea
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
diversified
Specific Industry of Parent:
diversified
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
