Danfoss Subsidiary Agrees to Pay $3M Criminal Fine for Price-Fixing
The Justice Department has announced that Danfoss Flensburg GmbH, formerly Danfoss Compressors GmbH, has agreed to plead guilty and to pay a $3 million criminal fine for its role in an international conspiracy to fix the prices of light commercial…
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compressors, a type of refrigerant compressor used in devices such as water coolers and vending machines. Danfoss is the third company to be charged in the Justice Department’s ongoing investigation of the international conspiracy to fix the prices of refrigerant compressors.