BASF Fined €35 Million Over Vitamin B4 Choline-Chloride Cartel
Company: BASF SE
Summary
In December 2004, the European Commission imposed a €35 million fine on BASF for antitrust violations concerning vitamin B4, also known as choline chloride. BASF's financial reporting states that the violations related to sales of choline chloride in the mid-1990s. This was a separate European Commission enforcement action from the broader vitamins decision for which BASF had previously received a much larger fine. Source: BASF Financial Report 2006 https://www.basf.com/dam/jcr:19fdacea-7aea-3701-86d0-a41221191e11/basf/www/global/documents/en/investor-relations/calendar-and-publications/reports/2007/BASF_Financial_Report_2006.pdf