Basic Search
|
Summaries
|
Advanced SearchViolation Tracker Individual Record
Company: Bridgestone Corp.
Current Parent Company:
Bridgestone
Parent at the Time of the Penalty Announcement:
subscribe to see this data field
Penalty: $28,000,000
Year: 2011
Date: September 15, 2011
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: Foreign Corrupt Practices Act
Mega-Scandal:
Foreign Bribery
Violation Description: Bridgestone Corporation agreed to plead guilty and to pay a $28 million criminal fine for its role in conspiracies to rig bids and to make corrupt payments to foreign government officials in Latin America related to the sale of marine hose and other industrial products manufactured by the company and sold throughout the world.
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: automotive parts
Specific Industry of Current Parent: automotive parts-tires
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.
