Judge throws out auto loan monopoly claim
Automotores Gildermeister is the main importer and distributor of Hyundai vehicles in Chile (Credit: iStock.com/Tramino)
Judge James Otero has dismissed allegations that Credit Acceptance Corp monopolised the car financing market through sham patent litigation, ruling that the plaintiff’s claims are barred by the statute of limitations and the defendant’s lawsuits were protected under the Noerr-Pennington doctrine.
Subscribe to Global Competition Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Competition Review experts.
Subscribe now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10