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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…
Vitamin Cartel – EU Fine
The European Union fined eight pharmaceutical companies, including Aventis SA (formerly Rhône-Poulenc), a total of 855.2 million euros (approximately $752 million) for colluding to fix the price of vitamins between 1989 and 1999. The eight companies had been under investigation since 1999 for colluding to eliminate fair competition for vitamins and overcharging consumers in the European market. Aventis was exempted from fines for its involvement in cartels accused of rigging the market for vitamins A and E because of its cooperation with investigators, but was fined 5.04 million euros (approximately $4 million) for participating in the vitamin D3 cartel.
- Misconduct Type
- Antitrust
- Enforcement Agency
- International
- Contracting Party
- None
- Court Type
- Criminal
- Disposition
- Fine
- Date of Fine
- 11/21/2001