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Violation Tracker Individual Record

Company: Smithfield Foods Inc.
Current Parent CompanyWH Group
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $75,000,000
Year: 2023
Date: April 11, 2023
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Smithfield agreed to pay $75 million to indirect purchaser plaintiffs to settle its role in an alleged price-fixing conspiracy in the pork industry.
Level of Government: federal
Action Type: private litigation
Court: District of Minnesota
Civil or Criminal Case: civil
Case ID: 18cv1776
Case Name: In re Pork Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: China
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: food products
Specific Industry of Current Parent: meatpacking
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.