Damages Actions

Florida West wins rare no contest plea in DoJ price fixing case

Florida West wins rare no contest plea in DoJ price fixing case

Premium 24 July 2012

A federal judge has granted a criminal cartel defendant’s request to enter a plea of no contest – a nearly unprecedented decision the US Department of Justice fears could harm its leniency programme for whistleblowers.

Big retailers add to backlash against interchange fee deal

Big retailers add to backlash against interchange fee deal

Premium 24 July 2012

The two largest retailers in the US, Wal-Mart and Target, have added to a growing list of companies and consumer groups that are opposing a deal ending an antitrust lawsuit against the so-called “swipe fees” that Visa and MasterCard charge merchants.

DoJ fires back at e-book critics

DoJ fires back at e-book critics

Premium 23 July 2012

The US Department of Justice has shot back at claims that its antitrust lawsuit against Apple and five of the country’s largest book publishers sought to unfairly punish Apple for introducing much-needed competition to the electronic book market.

Pharma patent settlements may harm competition, says US court

Pharma patent settlements may harm competition, says US court

Premium 17 July 2012

The US Third Circuit Court of Appeals has revived a class action against branded and generic manufacturers of a potassium supplement, going against previous circuit court rulings in concluding that settlements in pharmaceutical patent cases can legitimately be interpreted as evidence of an unreasonable restraint of trade.

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.