Court Throws Out $15M Decision Against Coca-Cola

Law360, New York (October 23, 2006, 12:00 AM EDT) -- The Supreme Court of Texas on Friday reversed a trial jury and a state appeals court decision that Coca-Cola should pay more than $15 million over anti-competitive agreements with retailers.

The court, which voted 5-4 on the case, reversed the lower courts’ judgments, dismissed the plaintiffs’ claims of injury in other states and said the plaintiffs should get nothing for their claims of injury within Texas.

The suit was brought by five bottlers with franchises to distribute Royal Crown Cola in a four-state region that includes...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.