Auto Parts Cos. Fixed Prices On Safety Gear, Suit Says

Law360, Los Angeles (July 3, 2013, 8:54 PM ET) -- A group of automobile dealers hit suppliers of auto safety devices with a putative class action in Michigan federal court on Wednesday, saying the companies engaged in a conspiracy to unlawfully fix and artificially raise the prices of seat belts, airbags and steering systems.

The dealer plaintiffs say the suppliers of occupant safety restraint systems engaged in a massive conspiracy to fix prices of their products and successfully targeted the long-struggling United States automotive industry, raising prices for car manufacturers and dealers alike.

The suit, brought...
To view the full article, register now.

DEWEY LIVE BLOG

Follow our exclusive coverage of the trial of the year:

Catch up on the Dewey trial here