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Violation Tracker Individual Record

Company: Philipp Holzmann AG
Penalty: $30,000,000
Year: 2000
Date: August 18, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Philipp Holzmann AG, a Frankfurt, Germany construction company, pleaded guilty and was sentenced to pay a $30 million fine for its participation in a conspiracy to rig bids on construction contracts funded by the United States Agency for International Development in Egypt.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.