Violation Tracker Global

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Violation Tracker Global: Individual Record

Company: Trane Inc.
Current Parent Company: Trane Technologies
Parent at the Time of the Penalty Announcement: Ingersoll Rand
Recap of Ownership Changes: In 2020 Ingersoll Rand split up, with Trane going with the portion that became Trane Technologies
Jurisdiction: European Commission
Region: Europe
Penalty Currency: Euro
Penalty Amount in Original Currency: 326,091,196
U.S. Dollar Equivalent at the Time of the Penalty Announcement: $400,756,297
Year: 2010
Date: June 23, 2010
Agency: European Commission Directorate-General for Competition
Offense Group: competition-related offenses
Offense Category: anti-competitive practices
Description: The European Commission fined Trane for its role in a cartel of bathroom fixture producers.
HQ Country of Current Parent: Ireland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: building materials
Specific Industry of Current Parent: refrigeration equipment
Source of Data: (click here)
VTG Record ID: VTG24-69434