Violation Tracker Individual Record
Company:
TRW Deutschland Holding GmbH
Current Parent Company:
ZF Friedrichshafen
Penalty:
$5,100,000
Year:
2012
Date:
July 30, 2012
Primary Offense:
price-fixing or anti-competitive practices
Violation Description:
TRW Deutschland Holding GmbH, a Koblenz, Germany-based subsidiary of U.S.-based TRW Automotive Holdings Corp., agreed to plead guilty for its involvement in a conspiracy to fix prices of seatbelts, airbags and steering wheels sold to two German automobile manufacturers, and installed in cars sold in the United States. It agreed to pay a $5.1 million criminal fine and to cooperate with the department's ongoing investigation.
Level of Government:
federal
Action Type:
agency action
Agency:
Justice Department Antitrust Division
Civil or Criminal Case:
criminal
HQ Country of Parent:
Germany
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
automotive parts
Specific Industry of Parent:
automotive parts
Source of Data:
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.