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Company: Dunlop Oil & Marine Ltd.
Current Parent Company:
Continental AG
Parent at the Time of the Penalty Announcement:
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Penalty: $4,540,000
Year: 2008
Date: December 1, 2008
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: A British marine hose manufacturer has agreed to plead guilty and pay $4.54 million in criminal fines for participating in a conspiracy to rig bids, fix prices and allocate market shares of marine hose sold in the United States and elsewhere.
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: automotive parts
Specific Industry of Current Parent: automotive parts-tires
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.