Largest fines for violating the Sherman Act 1997-2020| ��ƽ��

Fifty largest criminal fines and penalties given by the U.S. Department of Justice to companies for violating the Sherman Act as of 2022 (in millions of U.S. dollars)

Companies awarded fines by the U.S. Department of Justice	Millions of U.S. dollars
Citicorp (2017)	925
Barclays, PLC (2017)	650
JPMorgan Chase & Co. (2017)	550
F. Hoffmann-La Roche, Ltd. (1999)	500
AU Optronics Corporation of Taiwan (2012)	500
Yazaki Corporation (2012)	470
Bridgestone Corporation (2014)	425
LG Display Co., Ltd & LG Display America (2009)	400
Royal Bank of Scotland (2017)	395
Société Air France & Koninklijke Luchtvaart Maatschappij, N.V. (2008)	350
Samsung Electronics Company, Ltd. & Samsung Semiconductor, Inc. (2006)	300
Korean Air Lines Co., Ltd. (2007)	300
British Airways PLC (2007)	300
BASF AG (1999)	225
CHI MEI Optoelectronics Corporation (2010)	220
Furukawa Electric Co. Ltd. (2012)	200
Taro Pharmaceuticals U.S.A., Inc. (2020)	205.7
Hitachi Automotive Systems, Ltd (2014)	195
Sandoz, Inc. (2020)	195
Mitsubishi Electric Corporation (2014)	190
Hynix Semiconductor Inc. (2005)	185
Infineon Technologies AG (2005)	160
SGL Carbon AG (1999)	135
Mitsuba Corporation (2014)	135
Mitsubishi Corp. (2001)	134
Nishikawa Rubber Co., Ltd. (2016)	130
Sharp Corporation (2009)	120
Toyo Tire & Rubber Co., Ltd. (2014)	120
Cargolux Airlines International S.A. (2009)	119
UCAR International, Inc. (1998)	110
Japan Airlines International Co. LTD (2008)	110
LAN CARGO S.A. & AEROLINHAS BRASILEIRAS S.A. (2009)	109
Pilgrim's Pride Corporation (2021)	107.9
JTEKT Corporation (2014)	103.27
Starkist Co. (2019)	100
Archer Daniels Midland Co. (1997)	100
Florida Cancer Specialists & Research Institute, LLC (2020)	100
Wallenius Wilhelmsen Logistics AS (2016)	98.9
Embraco North America (2011)	91.8
BNP Paribas USA, Inc. (2018)	90
Dupont Dow Elastomers L.L.C. (2005)	84
Elpida Memory, Inc. (2006)	84
Denso Corporation (2012)	78
All Nippon Airways Co., Ltd. (2011)	73
Takeda Chemical Industries, Ltd. (2000)	72
Takata Corporation (2014)	71.3
NSK Ltd (2014)	68.2
Kawasaki Kisen Kaisha, Ltd. (2015)	67.7
Corning International Kabushiki Kaisha (2016)	66.5
Bayer AG (2005)	66

Download

Source

Show detailed source information?

Already a member?

Source

Release date

February 2022

More information

Region

United States

Survey time period

1997 to 2020

Citation formats

The Sherman Act, passed by the U.S. congress in 1890, is a set of laws which outlaws monopolies and anti-competitive business practices in the United States. The Supreme Court has ruled that the Sherman Act does not outlaw any restraint on trade by large companies, but rather restraints on trade which are deemed unreasonable. Business practices which are almost always deemed illegal by the act include agreements to fix prices, segment markets between firms, or to rig bids for contracts.
The three largest fines handed out by the U.S. Department of Justice all were given out in 2017, as the department fined Citicorp, Barclays, and JPMorgan Chase in relation to foreign currency exchange offenses.