Violation Tracker Individual Record

Company: 
Samsung Electronics Company Ltd.
Current Parent Company: 
Samsung
Penalty: 
$300,000,000
Year: 
2005
Date: 
October 13, 2005
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Samsung Electronics Company Ltd., a Korean manufacturer of dynamic random access memory (DRAM), and its U.S. subsidiary Samsung Semiconductor Inc. agreed to plead guilty and to pay a $300 million fine for participating in an international conspiracy to fix prices in the DRAM market.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Antitrust Division
Civil or Criminal Case: 
criminal
HQ Country of Parent: 
South Korea
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
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.