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Company: Degussa U.K. Holdings Ltd.
Current Parent Company:
Evonik Industries
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $1,500,000
Year: 2004
Date: September 20, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Degussa U.K. Holdings Ltd., an international chemical producer based in Britain, agreed to plead guilty and to pay a $1.5 million fine for its participation in a criminal conspiracy that suppressed competition in the world markets for organic peroxides.
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:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.