Company Directory - Align Technology, Inc.
Company Details - Align Technology, Inc.
Align Technology, Inc.
WebsiteSan Jose, United States
ISIN: US01609W1027
Align Technology, Inc. is a global medical device company known for its Invisalign system, which revolutionized orthodontic treatment with clear, removable aligners. The company also develops and markets innovative digital dentistry products.
CCI Score
CCI Score: Align Technology, Inc.
-29.52
0.01%
Latest Event
US Judge Blocks Antitrust Settlement for Align Technology
A U.S. federal judge rejected a proposed $27.5 million class-action settlement in an antitrust lawsuit alleging that Align Technology colluded with SmileDirectClub to suppress competition and maintain a monopolistic market position.
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ACCOMPLICE
Align Technology, Inc. is currently rated as an Accomplice.
Latest Events
- MAR022025
A U.S. federal judge rejected a proposed $27.5 million class-action settlement in an antitrust lawsuit alleging that Align Technology colluded with SmileDirectClub to suppress competition and maintain a monopolistic market position.
-70
Business Practices and Ethical Responsibility
March 29
The lawsuit alleges that Align Technology engaged in anticompetitive collusion with SmileDirectClub to suppress competition, reinforcing its monopolistic market position. The judge's decision to block the settlement underscores serious ethical concerns regarding its business practices.
US Judge Blocks Settlement in Align Technology Antitrust Lawsuit
-60
Economic and Structural Influence
March 29
The judge's ruling highlighted concerns over the proposed coupon program which could further entrench Align Technology's monopolistic position, illustrating a structural influence that undermines fair market competition.
US Judge Blocks Settlement in Align Technology Antitrust Lawsuit
- DEC312024
The OpenSecrets profile indicates that during the 2024 election cycle, Align Technology contributed $12,894, with no reported lobbying or outside spending. This limited political engagement suggests the company is not actively funding initiatives that might bolster authoritarian agendas.
+10
Political Contributions and Lobbying Efforts
March 29
Align Technology's modest contribution of $12,894 and its absence of lobbying or outside spending in the 2024 cycle indicate a low level of political intervention. From an anti-fascist perspective, this minimal financial involvement helps avoid entanglement with groups or practices that could support authoritarian policies, warranting a mildly positive score.
- DEC232024
Align Technology, Inc. is embroiled in an antitrust lawsuit filed in the Superior Court of California, where it is accused of unethical business practices including market manipulation, competitive suppression, misleading claims, and regulatory manipulation aimed at undermining competitor SmileDirectClub.
-40
Business Practices and Ethical Responsibility
March 29
The lawsuit alleges that Align Technology engaged in unethical business practices by orchestrating market elimination efforts, spreading misleading information, and using exclusive agreements to hinder competition. Such behavior undermines fair market practices and consumer interests.
-30
Economic and Structural Influence
March 29
The allegations include strategic use of exclusive agreements and regulatory complaints to manipulate market structure, highlighting the company's use of economic influence to potentially damage a competitive market environment.
- DEC182024
A lawsuit filed on December 18, 2024, accuses Align Technology, along with the ADA and AAO, of conspiring to drive the competitor SmileDirectClub out of business through anti‐competitive practices. The suit alleges that Align misused its inside position—including an investment of $59.5 million and roles as investor, board member, lender, and manufacturer—to later engage in collusive behavior such as spreading false claims against SmileDirectClub and leveraging exclusive agreements to block market opportunities.
-60
Public and Political Behavior
March 29
Align is accused of collaborating with influential trade associations to file baseless complaints with regulatory bodies and influence public policy in a way that undermines fair competition, reflecting politically charged, unethical behavior.
-70
Business Practices and Ethical Responsibility
March 29
The lawsuit alleges unethical business practices by Align, highlighting a shift from an early supportive investment in SmileDirectClub to later colluding with associations to undermine competitor viability through false and misleading claims and anti-competitive actions.
-50
Economic and Structural Influence
March 29
Align is accused of using exclusive partnerships and regulatory influence to block market access for its competitor, an action that distorts fair market competition and contributes to unhealthy economic dominance.
- SEP032024
Align Technology reached a preliminary agreement to pay $27.5 million to settle an antitrust lawsuit alleging that it colluded with SmileDirectClub to keep prices high. As part of the settlement, affected customers will receive a $300 coupon for Invisalign treatment.
-50
Business Practices and Ethical Responsibility
March 29
The settlement in an antitrust lawsuit indicates that Align Technology engaged in collusive practices to artificially inflate prices. This behavior undermines fair competition and responsible business practices, negatively impacting consumers and the market.
Align Technology Agrees to $27.5M Settlement Over Antitrust Lawsuit
-40
Economic and Structural Influence
March 29
The alleged collusion to fix prices reflects an abuse of economic power, limiting market competition and contributing to structural inequality. Such practices are detrimental to a healthy economic environment and consumer rights.
Align Technology Agrees to $27.5M Settlement Over Antitrust Lawsuit
- JAN012024
According to an OpenSecrets profile, Align Technology has not reported any lobbying of the federal government or on specific bills. This lack of direct federal lobbying reduces the company's direct political influence in shaping federal policy, which can be seen as a positive factor from an anti‐authoritarian perspective.
+40
Political Contributions and Lobbying Efforts
March 29
The absence of federal lobbying activity by Align Technology is a positive indicator against corporate attempts at influencing government policy in ways that could bolster authoritarian practices. By not engaging in lobbying at the federal level, the company avoids potential complicity in efforts that could support far‐right or undemocratic agendas.
- MAY032021
A class-action lawsuit was filed against Align Technology on May 3, 2021, alleging that the company used aggressive patent strategies and anticompetitive tactics to create a monopoly in the clear aligner market, leading to consumer overcharges.
-80
Business Practices and Ethical Responsibility
March 29
The lawsuit alleges that Align Technology leveraged a large number of patents and engaged in anticompetitive tactics to monopolize the clear aligner market, thereby violating antitrust laws and undermining fair competition, which is detrimental to consumer interests and ethical business practices.
Consumers Class-Action Lawsuit Filed Against Align Technology
-70
Economic and Structural Influence
March 29
The lawsuit highlights that Align Technology's anticompetitive practices have contributed to a long-term market distortion, consolidating power and reducing market competition. This economic concentration supports structures that undermine consumer welfare and equitable market practices.
Consumers Class-Action Lawsuit Filed Against Align Technology
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