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Company: Bristol-Myers Squibb
Current Parent Company:
Bristol-Myers Squibb
Parent at the Time of the Penalty Announcement:
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Penalty: $10,800,000
Year: 2022
Date: November 18, 2022
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Bristol-Myers agreed to pay over $10 million to direct purchaser plaintiffs to settle litigation alleging it acted to block the introduction of a generic alternative to its HIV medications.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:19-cv-02573
Case Name: In re HIV Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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