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Violation Tracker Individual Record

Company: Nippon Chemi-Con Corp.
Current Parent CompanyNippon Chemi-Con Corp.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $160,000,000
Year: 2023
Date: January 10, 2023
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Nippon Chemi-Con agreed to pay $160 million to direct purchaser plaintiffs as part of litigation involving price fixing of capacitors.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:14cv3264 and 17md2801
Case Name: In re Capacitors 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: electronic components
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.