Vitamin price-fixing cartel (1999)
Hoffmann-La Roche and BASF pleaded guilty to fixing prices of vitamins sold worldwide. Roche paid $500 million and BASF paid $225 million in criminal fines, the largest antitrust penalties at the time.
The companies paid over $1 billion in total fines and faced civil lawsuits from customers.
The case showed that global price-fixing conspiracies could be prosecuted in U.S. courts and set a precedent for large antitrust fines.
Demonstrates how large-scale price-fixing conspiracies are prosecuted and how restitution reaches affected buyers.
