Proview Lacks Standing In LCD Antitrust MDL, Chi Mei Says
By Beth Winegarner
Law360, San Francisco (August 16, 2013, 3:58 PM EDT) -- Chi Mei Corp. urged a California federal judge Friday to dismiss Proview Technology Inc.'s claims in multidistrict litigation alleging the company violated state and federal antitrust laws by selling price-fixed LCD panels, arguing that PTI lacks standing and waited too long to sue.
Attorneys for Chi Mei argued that because PTI is a subsidiary of the companies that purchased panels from Chi Mei and others, it's an indirect purchaser and therefore not eligible to sue under the Sherman Act. They shot down PTI's efforts to show...