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Brick By Illinois Brick: Ninth Circuit Builds High Wall For Indirect Purchaser Suits

by Dylan Ballard and Nadezhda Nikonova The Ninth Circuit unanimously affirmed a grant of summary judgment for defendants in an antitrust suit involving alleged price-fixing of ATM fees, holding that the plaintiffs were indirect purchasers within the meaning of Illinois Brick Co. v. Illinois, but...

Foley & Lardner: Three Steelmakers Raided in Antitrust Investigation

by Brandi Walkowiak On February 28, 2013, Germany's Federal Cartel Office ("GFCO") searched the offices of three steelmakers as part of an antitrust investigation into steel supplies to the automotive industry. Specifically, GFCO raided the offices of Voestalpine, ThyssenKrupp, and...

Jury Finds Chinese Vitamin C Makers Fixed Prices; $153.3M Judgment Entered

NEW YORK- (Mealey's) A federal judge in New York on March 14 entered judgment for $153.3 million after trebling a jury's $54.1 million verdict in favor of a direct purchaser class on its allegations that Chinese corporations participated in an illegal cartel to fix prices and limit supply...