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Antitrust Litigation Yielded $3.4B In 2006: Survey

Law360 (December 29, 2006, 12:00 AM EST) -- Antitrust litigation in the United States resulted in settlements and fines of $3.4 billion in 2006, fueled by probes into alleged price-fixing in the insurance and memory chip industries, according to a survey by Competition Law360.

Technology and financial services companies accounted for the largest portion of the settlements in dollar terms, our survey found.

Topping the list, software maker Microsoft Corp. agreed to pay out $1.1 billion in a class action antitrust suit that accused the software giant of price-gouging. The settlement was finalized in...
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