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Company: Panasonic Corp.
Current Parent Company:
Panasonic
Parent at the Time of the Penalty Announcement:
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Penalty: $760,000
Year: 2020
Date: September 23, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Panasonic agreed to pay more than $700,000 to end-payor plaintiffs to settle its role in price fixing of automotive air conditioning systems.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:12-md-02311
Case Name: Automotive Parts Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: consumer electronics
Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.