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Violation Tracker Individual Record

Company: Kiekert AG
Current Parent Company: Kiekert
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $6,100,000
Year: 2017
Date: March 7, 2017
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Kiekert AG, an automotive parts manufacturer based in Heiligenhaus, Germany, agreed to plead guilty and to pay a $6.1 million criminal fine for its role in a conspiracy to rig bids of side-door latches and latch minimodules installed in cars 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: privately held
Major Industry of Current Parent: automotive parts
Specific Industry of Current Parent: automotive closure systems
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.