June 16, 2016
Posted June 27, 2016
Ohio-based GEO Specialty Chemicals Inc. pleaded guilty for its role in a conspiracy to eliminate competition involving contracts to supply liquid aluminum sulfate to municipalities and pulp and paper manufacturers in the United States. The company admitted to conspiring to fix prices, rig bids, and allocate customers involving contracts for liquid aluminum sulfate, a coagulant used by municipalities to treat drinking and waste water, and by pulp and paper manufacturers in their manufacturing processes. GEO was sentenced to pay a fine of $5 million. DOJ