Damages Actions

Plaintiffs win record settlement in Visa/MasterCard class action

Plaintiffs win record settlement in Visa/MasterCard class action

Premium 16 July 2012

Visa, MasterCard and some of the US’s largest banks have agreed to pay US$7.25 billion to a class of approximately seven million retailers. It is said to be the largest antitrust settlement ever.

US court blocks indirect purchasers ATM lawsuit

US court blocks indirect purchasers ATM lawsuit

Premium 13 July 2012

The US Ninth Circuit Court of Appeals has thrown out a class action accusing banks of conspiring to fix the rate of ATM transactions, ruling that as indirect purchasers the plaintiffs lacked legal standing to pursue damages.

Banks ask court to dismiss Libor antitrust case

Banks ask court to dismiss Libor antitrust case

Premium 02 July 2012

Lawyers for some of the world’s largest banks have told a US court that their actions in setting the Libor interbank exchange rate did not break the antitrust laws as a class action lawsuit has alleged.

Toshiba LCD antitrust case goes to jury

Toshiba LCD antitrust case goes to jury

Premium 29 June 2012

A federal jury in San Francisco will now decide whether electronics company Toshiba conspired with others to fix the price of liquid crystal display (LCD) screens, as a class of direct purchaser plaintiffs have alleged.

UPDATE: Supreme Court agrees to hear Phoebe Putney case

UPDATE: Supreme Court agrees to hear Phoebe Putney case

Premium 25 June 2012

The US Supreme Court today agreed to hear arguments in the Phoebe Putney/Palmyra hospital merger case that should help settle disagreement among the country’s appeals courts as to how, and under what circumstances, state regulation can shield health-care companies from federal antitrust law.

Court certifies class in rail freight litigation

Court certifies class in rail freight litigation

Premium 25 June 2012

A US federal judge has agreed to certify a class of railroad freight transportation customers alleging that four of the country’s largest railroad companies conspired to raise rates for fuel costs above competitive levels, overcharging their consumers and violating antitrust law.

Judge sets e-books trial for next summer

Judge sets e-books trial for next summer

Premium 25 June 2012

A US federal judge has set the date for a trial for electronics company Apple and two book publishers to defend themselves against allegations from federal and state antitrust enforcers that they conspired to fix the price of electronic books.

Judge approves final settlement with Dean Foods in milk litigation

Judge approves final settlement with Dean Foods in milk litigation

Premium 20 June 2012

A US federal court in Tennessee has given its final approval to a US$140 million settlement agreement that will end Dean Food’s involvement in a long-running, multi-district class action alleging a price-fixing agreement in the dairy industry.