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Violation Tracker Individual Record

Company: Mitsubishi Electric Corporation
Current Parent CompanyMitsubishi Electric
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $5,500,000
Year: 2014
Date: June 27, 2014
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Mitsubishi Electric agreed to pay over $5 million to indirect purchaser plaintiffs to settle its role in a price-fixing conspiracy involving dynamic random access chips.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 4:02-md-01486
Case Name: In Re Dynamic Random Access Memory (DRAM) Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electrical and electronic products
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.