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Company: DuPont Dow Elastomers L.L.C.
Current Parent Company:
DuPont de Nemours
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $84,000,000
Year: 2005
Date: January 19, 2005
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: DuPont Dow Elastomers L.L.C. agreed to plead guilty and pay an $84 million criminal fine for participating in an international conspiracy to fix the prices of synthetic rubber which is used in a variety of products including tires, adhesives, coated fabrics, furniture, and shoes.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: USA
HQ State of Current Parent: Delaware
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: specialty materials
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.