Mealey's Antitrust/Unfair Competition - Steel Producers, Distributors Appeal $156M Antitrust Judgment To 5th Circuit

Mealey's Antitrust/Unfair Competition - Steel Producers, Distributors Appeal $156M Antitrust Judgment To 5th Circuit

HOUSTON - Steel producers and distributors that were ordered to pay $156 million in treble damages on claims that they conspired to put distributor MM Steel LP out of business by engaging in a group boycott in violation of federal antitrust law on June 24 and 25 filed notices of appeal to the Fifth Circuit U.S. Court of Appeals of the amended final judgment following the trial court's denial of their motions for a new trial (MM Steel, LP, et al. v. Reliance Steel & Aluminum Co., et al., No. 4:12-cv-01227, S.D. Texas).

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