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Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Price Fixing
“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).
- Misconduct Type
- Antitrust
- Enforcement Agency
- International
- Contracting Party
- None
- Court Type
- Administrative
- Disposition
- Fine
- Date of Fine
- 2/21/2007