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Violation Tracker Individual Record

Company: Daiichi Pharmaceutical
Current Parent Company: Daiichi Sankyo
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $1,446,700
Year: 2000
Date: October 10, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: The California Attorney General reached an $85 million with six major vitamin producers to resolve international price-fixing allegations. This was separate from a $255 million settlement the companies reached with a group of other states. The California announcement did not indicate how the $85 million would be apportioned among the defendants. We assume here that it divided up according to the same percentages used in the larger settlement.
Level of Government: state
Action Type: agency action
Agency: California Attorney General
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.