Toys 'R' Us, Purchasers Receive Final Approval Of $35.5M Antitrust Settlement

PHILADELPHIA - A federal judge in Pennsylvania on Dec. 21 granted final approval of a $35.5 million settlement of claims by direct purchasers who asserted that Toy's "R" Us Inc. coerced manufacturers into adopting vertical price restraints to restrict competition from Internet discounting and then charging consumers higher prices in violation of the Sherman Act (Carol McDonough, et al. v. Toys "R" Us, Inc., et al., No. 06-0242; Ariel Elliott, et al. v. Toys "R" Us, Inc., et al., No. 09-6151, E.D. Pa.; See June 2011). Full story on lexis.com