Mealey's Litigation Procedure - 6th Circuit Affirms Dismissal Of Antitrust Claims Related To Merger As Untimely

Mealey's Litigation Procedure - 6th Circuit Affirms Dismissal Of Antitrust Claims Related To Merger As Untimely

CINCINNATI - Claims that a producer of oxidates monopolized the domestic market for the product following its purchase of a competitor's product line in violation of federal and state antitrust laws were untimely filed, the Sixth Circuit U.S. Court of Appeals affirmed May 23, concluding that the producer's raising prices and enforcing a noncompete clause under the acquisition agreement were not new and independent acts that were unrelated to the merger and, therefore, did not retrigger the date from which the statute of limitations is measured (Z Technologies Corporation v. The Lubrizol Corporation, No. 13-1254, 6th Cir.; 2014 U.S. App. LEXIS 9597).

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