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Violation Tracker UK Individual Case
Company: ITW Limited
Current Parent Company:
Illinois Tool Works
Parent at the Time of the Penalty Announcement: Illinois Tool Works
Penalty: £2,298,820
Year: 2016
Date: 24 May, 2016
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: ITW paid a £2,298,820 fine in settlement of a decision by the CMA that the company engaged in retail price maintenance, restricting the minimum price that resellers could charge on internet sales of its Foster commercial fridges.
Action Type: agency action
Settlement Type: Settlement with the CMA
Agency: Competition and Markets Authority
HQ Country of Parent: United States
Ownership Structure of Parent: publicly traded
Major Industry of Parent: industrial equipment
Specific Industry of Parent: industrial equipment
Source of Data:
(click here)