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Violation Tracker Individual Record

Company: Panasonic Corp.
Current Parent Company: Panasonic
Penalty: $10,000,000
Year: 2020
Date: March 24, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Panasonic agreed to pay $10 million to indirect purchasers to settle its role in price fixing of linear resistors.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:15cv3820
Case Name: In re Resistors 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: consumer electronics
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.