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Wednesday, 1 June 2016

American Consumers Recover $225 Million As Court Approves Settlements Against Automotive Parts Cartel

Cotchett, Pitre & McCarthy, LLP, who represented consumer plaintiffs seeking damages against members of the car parts cartel which has been the subject of so much antitrust enforcement in the US in recent years, report that on 12 May a judge in Michigan approved a settlement under which the defendants to pay $225 million to compensate the plaintiffs for the inflated prices they paid for their cars.

It seems that there is more to come, though, as more plaintiffs put in claims.

'via Blog this'

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