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03/28/2012 10:21:54 AM EST

3rd Circuit Upholds Settlement Between Indirect Purchasers And Cadbury

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LexisNexis® Antitrust Legal News

PHILADELPHIA - The Third Circuit U.S. Court of Appeals on March 20 in an unpublished opinion ruled that, despite objections, the federal trial court properly approved an antitrust settlement between Cadbury and a subclass of indirect end-user (IEU) purchasers on allegations that chocolate manufacturers conspired to fix for chocolate candy in the United States (In re: Chocolate Confectionary Antitrust Litigation, Clyde F. Padgett, Appellant, No. 12-1151, 3rd Cir.; 2012 U.S. App. LEXIS 5755). Full story on lexis.com