Violation Tracker Individual Record

Company: 
Lonza AG
Current Parent Company: 
Lonza
Penalty: 
$2,275,454
Year: 
2009
Date: 
December 2, 2009
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

A group of 11 companies agreed to pay a total of $25.03 million to settle multistate litigation alleging they conspired to fix the prices of vitamins added to foods such as ready-to-eat cereals. The announcement did not specify how much each company would pay. Here we assume the total was divided equally among them.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
Private Lawsuit Resolution Type: 
settlement
HQ Country of Parent: 
Switzerland
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
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.