Saab Unit Sued Over Army Camouflage Pricing Scheme

Law360, New York (May 24, 2010, 4:33 PM EDT) -- Saab Barracuda LLC has been hit with an antitrust suit by a rival producer of military-vehicle camouflage systems that alleges the Swedish auto giant subsidiary engaged in predatory pricing in an attempt to monopolize the market.

GMA Cover Corp. accuses Saab Barracuda, a subsidiary of Swedish car manufacturer Saab Group, of selling camouflage nets to the U.S. Army at below price to push it out of the market, according to a complaint filed Friday in the U.S. District Court for the Eastern District of Michigan....
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.