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Company: Pfizer
Current Parent Company:
Pfizer
Parent at the Time of the Penalty Announcement:
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Penalty: $10,937,500
Year: 2024
Date: December 12, 2024
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Pfizer agreed to pay almost $11 million to resolve allegations of conspiring to delay the introduction of a generic version of Lipitor, violating antitrust law.
Level of Government: state
Action Type: agency action
Agency: West Virginia Attorney General
Civil or Criminal Case: civil
Facility State: West Virginia
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.