Indirect Purchaser Standing Upheld In Shipping Suit

Law360, New York (September 14, 2010, 3:06 PM EDT) -- Three U.S. shipping companies accused in a Puerto Rico consumer class action of engaging in a price-fixing conspiracy have lost their bid to certify to the commonwealth's highest court the question of whether indirect purchasers have standing to bring suit under the Puerto Rico Antitrust Act.

Judge Gustavo A. Gelpi of the U.S. District Court for the District of Puerto Rico — who independently asked the Puerto Rico Supreme Court on Sept. 7 to consider the extraterritorial reach of the PRAA — on Monday denied Horizon...
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