Violation Tracker Individual Record

Company: 
Samsung Electronics, Co., Ltd.
Current Parent Company: 
Samsung
Penalty: 
$240,000,000
Year: 
2011
Date: 
December 27, 2011
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Seven manufacturers of flat screen LCD (Liquid Crystal Display) panels agreed to pay more than $500 million to settle multistate price-fixing allegations.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
South Korea
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Link to Archived Court Document: 
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.