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Company: Lucite International Inc.
Current Parent Company:
Midorikawa Chemical Industry Co.
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $450,000
Year: 2009
Date: June 30, 2009
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Lucite International agreed to pay $450,000 to indirect purchaser plaintiffs to settle litigation alleging it was part of a conspiracy to fix the prices of methyl methacrylate.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:10md1768
Case Name: In re: Methyl Methacrylate (MMA) Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: specialty materials
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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