Foreign Cos. Defeated In MSG Antitrust Case

Law360, New York (February 9, 2007, 12:00 AM EST) -- A group of foreign companies embroiled in a class action antitrust case against United States monosodium glutamate (MSG) producers ate crow on Thursday, after an appeals court judge ruled that their suit had no standing.

The case relates to collusion in the MSG industry that was discovered in 1999. Japanese companies Ajinomoto and Takeda Chemical Industries, and South Korean companies Cheil Jedang and Daesang were found to have participated in a MSG cartel.

The four MSG corporations operated a cartel for nine years, until 1998, during...
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