Antitrust
Fed Cattle Market Price Reductions Antitrust Class Action
This antitrust class action brings suit against a number of beef packers for colluding to depress the prices of fed cattle. Because the packers earn their money from the “meat margin”—the spread between the price of fed cattle and the price at which the meat is sold—the companies allegedly decided to earn more by depressing Read moreAntitrust
Viega Copper and Carbon Steel Press Fittings Antitrust Class Action
Viega, LLC makes fittings. The complaint for this class action brings suit against it under federal and state antitrust laws, alleging that the company has engaged in anticompetitive behavior in the market for copper press fittings and carbon steel press fittings. Read moreAntitrust
Norwegian Companies Farmed Atlantic Salmon Antitrust Class Action
Early on, the complaint for this class action says, “In February 2019, the European Commission announced that its antitrust enforcement agents had executed dawn raids on corporate offices and facilities” of companies that produce farmed Atlantic salmon, out of suspicions they may have violated antitrust laws. This class action seems to have grown out of Read moreAntitrust
Meat Packing Companies Conspiracy to Lower Cattle Prices Class Action
Most antitrust cases are about attempts to raise prices or keep them high. This one is about depressing prices and keeping them low. The complaint alleges that meat packing companies colluded to collapse the price of fed cattle in the market for meat “through coordinated procurement practices and slaughter restraint.” Read moreAntitrust
Janssen, BTG Invalid Patent to Prevent Competition for Zytiga Class Action
This class action presents a familiar story: a group of pharmaceutical companies—Janssen Biotech, Inc., Janssen Oncology, Inc., Janssen Research & Development, LLC, and BTG International Limited—unfairly prevented generics of a profitable drug (Zytiga) from entering the market, thus costing consumers and health insurers more than they should have paid. However, at issue here are not payoffs Read moreAntitrust
Eurozone Government Bonds Anticompetitive Collusion Class Action
The complaint for this class action brings suit against Bank of America, Merrill Lynch, the Royal Bank of Scotland (RBS, now NatWest Markets), and other financial companies for an alleged anticompetitive scheme to fix the price of Euro-denominated bonds issued by European central banks and sold in the US. Read moreAntitrust
AbbVie Humira Monopoly Antitrust Class Action
This is another antitrust class action against AbbVie and other companies, filed just ten days after the first, for anticompetitive behavior in relation to AbbVie’s drug Humira. The complaint alleges that AbbVie tried to maintain its monopoly on the drug by making illegal arrangements with companies that might have brought out biosimilars, thereby keeping the Read moreAntitrust
National Association of Realtors and MLS Control Antitrust Class Action
How did realtors manage to band together to take anticompetitive actions? The complaint for this class action alleges that the National Association of Realtors (NAR) banded together with four national real estate broker franchises—HomeServices of America, Inc., Keller Williams Realty, Inc., Realogy Holdings Corp., and Re/Max Holdings, Inc.—to set rules for buyer broker commissions. It Read moreAntitrust
AbbVie Suppressed Competition for Humira Biosimilars Antitrust Class Action
Humira is the best-selling drug in the US, which means significant profits for its makers AbbVie, Inc. and AbbVie Biotechnology, Ltd. The complaint for this class action alleges that the companies sought to keep their monopoly on the drug by unfair methods, even after its patent has expired, by bogus patents and deals with would-be Read moreAntitrust
Caustic Soda Makers Anticompetitive Actions Class Action
How do you raise prices for a substance in a market with low margins, declining prices, and an oversupply—like the one for caustic soda a few years ago? According to the complaint for this antitrust class action, some makers decided to take concerted, anticompetitive measures, from the fourth quarter of 2015 to the present. Read moreAntitrust