Amcor Disputes Damages Report In Box Cartel Action

Law360, New York (March 19, 2010, 2:46 PM EDT) -- Amcor Ltd. has objected to an economist report estimating that the plaintiffs in a class action accusing the Australian packaging giant and its rival of joining forces to fix prices on cardboard boxes are entitled to nearly $650 million in damages and interest.

Amcor customers suffered in the vicinity of AU $466 million ($428 million) in damages and AU $231 million ($212 million) in interest as the result of the alleged cartel, according to a report prepared by a California law and economics professor and released...
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