Dunlop Oil & Marine fined Euro 3.6 million in Marine Hose case

ERJ staff report (DS)

Washington, DC -- A second company -- Dunlop Oil & Marine Ltd. -- has agreed to plead guilty in the Marine Hose case and pay a fine of $4.54 million (Euro 3.6 million). The company, based in Grimsby, UK is a subsidiary of Continental AG. Earlier this year Manuli Rubber Industries agreed to plead guilty and pay a $2 million fine in the long--running price-fixing cartel.

Dunlop is charged with violating the Sherman Act, which carries a maximum fine of $100 million for corporations. The maximum fine may be increased to twice the gain derived from the crime or twice the loss suffered by the victims of the crime, if either of those amounts is greater than the statutory maximum fine.

Dunlop executives Bryan Allison and David Brammar pleaded guilty in December 2007 to participating in the marine hose conspiracy. Under the terms of their plea agreements, Allison was sentenced to pay a $100,000 criminal fine and agreed to serve 24 months in prison and Brammar was sentenced to pay a $75,000 criminal fine and agreed to serve 20 months in prison. Another arrested executive, Peter Whittle, a former Dunlop executive and now the sole proprietor of PW Consulting (Oil & Marine) Ltd., pleaded guilty for his leadership role in the conspiracy in December 2007, was sentenced to pay a $100,000 criminal fine and agreed to serve 30 months in prison.

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Press release from US Department of Justice