Appeals Court Throws Out Suit Against Elevator Cos.

Law360, New York (September 4, 2007, 12:00 AM EDT) -- A federal appeals court has tossed a purported antitrust class action that alleged the four biggest international elevator companies engaged in a scheme of price-fixing, bid-rigging and collusion to shut out independent repair companies from the elevator maintenance market.

The U.S. Court of Appeals for the Second Circuit affirmed on Tuesday a lower court’s June 2006 decision dismissing the action that accused the companies of attempting to monopolize the maintenance industry in violation of the Sherman Act.

“The conspiracy claims provide no plausible ground to support...
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