Australia Settles Vitamin Price-Fixing Class Action
The Federal Court of Melbourne approved the settlement last Friday in Australia’s first ever class action brought against a cartel. It also approved reimbursement payments and out-of-pocket expenses for those who prepared evidence in the case.
The companies, Hoffman-La Roche Inc., BASF Corp. and Aventis Animal Nutrition S.A. were found to have fixed prices for animal vitamins in Australia during the 1990s.
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