Cisco, Aptiv Drop Challenge To Capacitor Antitrust Settlement

Law360 (April 30, 2019, 11:22 PM EDT) -- Cisco Systems Inc. and Aptiv Services U.S. LLC have dropped objections lodged in April in California federal court against a proposed settlement between direct purchasers of capacitors and Japanese manufacturers accused of price fixing.

The Silicon Valley titan and the Ireland-based car parts maker said they had agreed to rely on a court-appointed special master to resolve their disputes over two rounds of settlements in sprawling multidistrict litigation over alleged price fixing by manufacturers like Hitachi Chemical Co. and Soshin Electric Co.

In exchange, the other direct purchaser plaintiffs agreed to withdraw subpoenas seeking to depose Cisco and Aptiv.

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California Northern

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Anti-Trust

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December 5, 2017

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