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Appeals Court Throws Out Suit Against Elevator Cos.

Law360, New York (September 05, 2007) -- 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...

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