Polyester Suppliers Hit With Price-Fixing Suit

Law360, New York (September 13, 2006, 12:00 AM EDT) -- A slew of manufacturing companies, including Fruit of the Loom Inc., have slapped a group of raw material suppliers with an antitrust lawsuit for allegedly conspiring to fix the prices of polyester staple fiber for years.

On Tuesday, Parkdale Mills Inc. led the charge against CNA Holdings Inc. and other defendants by filing suit in U.S. District Court for the Western District of North Carolina.

“This case arises from a conspiracy in violation of federal and state antitrust laws among domestic manufacturers of polyester staple fiber,...
To view the full article, register now.