Case Study: Liu V. Amerco

Law360, New York (June 1, 2012, 1:03 PM EDT) -- A recent decision in the United States Court of Appeals for the First Circuit, Liu v. Amerco, demonstrates that even unsuccessful attempts to fix prices can lead to class action lawsuits. This case shows the serious legal consequences a firm may face if caught inviting rivals to collude, even if the rivals never agree to the advances....

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