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Violation Tracker Individual Record

Company: NEC Electronics America, Inc.
Current Parent Company: NEC Corp.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $20,277,350
Year: 2010
Date: June 24, 2010
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Six manufacturers of Dynamic Random Access Memory (DRAM) computer chips agreed to pay $173 million to settle multistate litigation alleging they conspired in an illegal global scheme to fix prices. The breakdown by company was not initially announced but later was reported in the court document linked below.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: information technology
Specific Industry of Current Parent: information technology
Source of Data: (click here)
Link to Archived Court Document:  subscribe to see this data field
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.