Deutsche Bahn Seeks Reported $993M In Price-Fixing Suit

Law360, New York (December 20, 2012, 6:53 PM EST) -- German state railway operator Deutsche Bahn AG has sued four track suppliers, including steel giant ThyssenKrupp AG, on allegations of price-fixing and is seeking damages of a reported €750 million ($993 million), according to Thursday news reports.

The lawsuit, filed in German court, comes after Germany's cartel office handed down a total of €124.5 million in fines in July to four railway track makers, including a unit of ThyssenKrupp, for allegedly taking part in a scheme to fix track orders.

Deutsche Bahn said the suit is...
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