Indirect Purchasers Have Standing In LCD MDL: Judge

Law360, New York (December 8, 2011, 7:43 PM EST) -- A California federal judge ruled Wednesday that indirect purchasers of thin film transistor liquid crystal display panels have standing to pursue antitrust claims under the laws of 14 states in a multidistrict litigation.

U.S. District Judge Susan Illston denied a motion by the defendants, including Sharp Corp. and Toshiba Corp., which argued that the indirect purchaser plaintiffs lacked standing.

"The court is satisfied that the nature of (indirect purchaser plaintiffs') injuries and the direct chain of causation between their injuries and defendants’ anti-competitive conduct place this...
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