Akzo Nobel reaches antitrust violation agreement.Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. , Arnhem, the Netherlands, has reached an agreement with the United States Department of Justice “Justice Department” redirects here. For other uses, see Department of Justice. The United States Department of Justice (DOJ) is a Cabinet department in the United States government designed to enforce the law and defend the interests of the United States regarding a past antitrust violation involving the fixing of prices in the U.S. hydrogen peroxide hydrogen peroxide, chemical compound, H2O2, a colorless, syrupy liquid that is a strong oxidizing agent and, in water solution, a weak acid. It is miscible with cold water and is soluble in alcohol and ether. market. Per the agreement, Akzo Nobel has pleaded guilty to the charge and will pay a $32 million fine. The company's involvement in the case began in 1998, two years before it reportedly intensified its antitrust compliance program. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Akzo Nobel, it has "cooperated extensively with the authorities regarding any suspected violations" since 2000. |
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