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Company: Reckitt Benckiser Group plc
Current Parent Company:
Reckitt Benckiser
Parent at the Time of the Penalty Announcement:
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Penalty: $50,000,000
Year: 2019
Date: July 11, 2019
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: generic drug pay for delay
Mega-Scandal:
Generic Drug Pay for Delay
Violation Description: Reckitt Benckiser Group agreed to pay $50 million to settle allegations that it violated the antitrust laws through a deceptive scheme to thwart lower-priced generic competition to its branded drug Suboxone.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: household and personal care products
Specific Industry of Current Parent: personal care 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.