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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…

Paraffin Wax Price Fixing

Exxon Mobil and other producers of paraffin waxes were fined by European Commission regulators for participating in a cartel from 1992 to 2005 that fixed the price of paraffin wax and slack wax (the raw material used to produce paraffin wax). Exxon Mobil also engaged in market allocation for paraffin wax and fixed prices for slack wax sold to end-customers on the German market. Exxon Mobil was fined 83.6 million euros ($115.6 million). In July 2014, Exxon’s fine was reduced to 62.7 million euros ($83.8 million) to reflect the fact that Exxon was not involved in the cartel between 1992 and 1999. See related Royal Dutch Shell PLC instance, “Paraffin Wax Price Fixing.”

Misconduct Type
Antitrust
Enforcement Agency
International
Contracting Party
None
Court Type
Administrative
Disposition
Fine
Date of Fine Announcement
10/1/2008
Contractors Involved Penalty
Total
Exxon Mobil $83,820,528
Further Information Released
EC Press Release 10/1/2008

See also:

Federal Contractor Misconduct Database