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Violation Tracker Individual Record

Company: Mitsubishi Corp.
Current Parent Company: Mitsubishi Corporation
Penalty: $45,000,000
Year: 2003
Date: September 16, 2003
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Mitsubishi agreed to pay $45 million to settle litigation alleging it conspired to fix the price of graphite electrodes.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:99cv482
Case Name: Kentucky Electric Inc, et al v. Mitsubishi Corp, et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified trading company
Source of Data: 2003 Jury Verdicts LEXIS 50606
Link to PACER Case Docket (must be logged in): (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.