Del Monte Prevails in Pineapple Antitrust MDL

Law360, New York (September 30, 2009, 7:01 PM EDT) -- A federal judge has handed Del Monte Fresh Produce Co. an emphatic victory against retailers and consumers accusing the company of holding a devious monopoly in the market for extra sweet pineapple.

Judge Richard M. Berman of the U.S. District Court for the Southern District of New York brought the multidistrict litigation to an unambiguous conclusion Wednesday, tossing the expert testimony that underpinned the plaintiffs’ claims and giving Del Monte a sweeping win after roughly five years of litigation.

The class of direct purchasers, including Whole...
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.