Canon Inc. Rotten Score Breakdown
Corporate Misconduct
30.0ptsRotten to the core
Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts
Misconduct: low 0 · medium 0 · high 1
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
European Commission fined Canon €28 million for partially implementing an acquisition before approval
On June 27, 2019, the European Commission fined Canon Inc. €28 million for partially implementing its acquisition of Toshiba Medical Systems before notifying and obtaining approval under EU merger rules. The Commission found that Canon used a two-step warehousing structure that contributed to the ultimate acquisition of control. On May 18, 2022, the EU General Court upheld the Commission decision in full. Primary sources: https://ec.europa.eu/commission/presscorner/detail/de/ip_19_3429 and https://competition-policy.ec.europa.eu/system/files/2023-04/annual-competition-report_2022_report_part2_swd_en.pdf
Human Rights & Exploitation
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Fraud & Corruption
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Deceptive Practices
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Environmental Harm
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Sustainability Deception
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Workplace Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Financial Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts