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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: $111,167
Year: 2002
Date: September 4, 2002
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Hoffman-La Roche Inc. and Roche Vitamins Inc.; BASF Corporation; Aventis Animal Nutrition S.A., formerly Rhone-Poulenc Animal Nutrition S.A.; Takeda Chemical Industries, Ltd.; Eisai Co., Ltd.; and Daiichi Pharmaceutical Co., Ltd. agreed to jointly pay $667,000 in settlement of allegations they enaged in price fixing of vitamins. The Commonwealth of Massachusetts did not participate in the multistate settlement in October 2000 and instead made claims for antitrust damages under the Massachusetts Consumer Protection Act. The announcement did not indicate how much each company would pay. Here we assume the amount was divided equally among them.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
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.