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About POGO's Federal Contractor Misconduct Database (FCMD)
The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »
United Technologies Corporation
Price Fixing
Date: 02/21/2007 (Date of Fine)
Misconduct Type: Antitrust
Enforcement Agency: International
Contracting Party: None
Court Type: Administrative
Amount: $295,000,000
Disposition: Fine
Synopsis: “European Union regulators on Wednesday fined United Technologies' Otis unit and four other elevator makers $1.3 billion for operating cartels for the installation and maintenance of elevators and escalators in Germany, Belgium, Luxembourg and the Netherlands… Fined were Hartford, Conn.-based United Technologies Corp., the corporate parent of Otis Elevator; German conglomerate ThyssenKrupp AG; Finland's Kone Corp.; Switzerland's Schindler Holding AG and subsidiaries of Japan's Mitsubishi Elevator Europe BV." Otis was fined almost 225 million euros (approximately $295 million).
