Violation Tracker Individual Record

Company: 
Philips North America LLC
Current Parent Company: 
Royal Philips
Penalty: 
$7,000,000
Year: 
2018
Date: 
June 19, 2018
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

The Washington Attorney General announced that Philips agreed to pay $7 million as part of the AG's price-fixing lawsuit against seven manufacturers of cathode ray tubes, or CRTs, from 1995 to 2007.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Washington Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Washington
HQ Country of Parent: 
Netherlands
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
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.