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Violation Tracker Individual Record

Company: Ajinomoto Co. Inc.
Current Parent Company: Ajinomoto
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $6,000,000
Year: 2001
Date: August 27, 2001
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Two Japanese corporations, Ajinomoto Co. Inc. and Daesang Japan Inc., and one Korean corporation, Cheil Jedang Corporation, agreed to plead guilty and pay criminal fines totaling more than $9 million for participating in a worldwide conspiracy to fix the prices of, and allocate customers for nucleotides, a food flavor enhancer.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: food products
Specific Industry of Current Parent: food products
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.