Violation Tracker Individual Record

SK Energy Co. Ltd.
Current Parent Company: 
SK Holdings
November 14, 2018
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Secondary Offense: 
False Claims Act and related
Violation Description: 

South Korea-based companies SK Energy Co. Ltd., GS Caltex Corporation, and Hanjin Transportation Co. Ltd. agreed to pay a total of $154 million to resolve civil antitrust and False Claims Act allegations relating to a decade-long bid-rigging conspiracy that targeted contracts to supply fuel to United States Army, Navy, Marine Corps, and Air Force bases in South Korea. They separately settled related criminal charges.

Level of Government: 
Action Type: 
agency action
Justice Department Antitrust Division
Civil or Criminal Case: 
HQ Country of Parent: 
South Korea
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.