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Violation Tracker Individual Record

Company: Degussa-Huls AG
Current Parent Company: Evonik Industries
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Penalty: $13,000,000
Year: 2000
Date: May 5, 2000
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Two German pharmaceutical manufacturers--Merck KgaA and Degussa-Huls AG--and two U.S. pharmaceutical companies--Nepera Inc. and Reilly Industries Inc.--agreed to plead guilty and pay criminal antitrust fines totaling $33 million for participating in two separate worldwide conspiracies to suppress and eliminate competition in the vitamin industry.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
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.