Erickson Air-Crane Faces Helicopter Antitrust Suit

Law360, New York (June 30, 2009, 12:00 AM EDT) -- Evergreen Helicopters Inc. has brought a suit against Erickson Air-Crane Inc. alleging that the rival has monopolized the market for parts to the Skycrane helicopter and is engaging in anti-competitive tactics to strengthen its hold on the market for heavy-lift helicopter services.

EHI filed its complaint Friday in the U.S. District Court for the District of Oregon, targeting Erickson with claims of Sherman Act violations of monopolization and attempted monopolization and breach of contract as a third-party beneficiary.

According to the suit, Erickson controls almost 100...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.