Indirect-Purchaser Exceptions To Illinois Brick Continue

Law360, New York (January 25, 2013, 12:22 PM EST) -- Consumers seeking to recover for economic harm caused by anti-competitive conduct often run headlong into the so-called Illinois Brick wall: Antitrust damages under federal law are reserved exclusively for the “direct purchaser” of the price-fixed good, even when that direct purchaser acts solely as a middleman who passes on the illegal overcharge to the end-user consumer.[1]

Naturally, any potential alteration to this 35-year-old bright-line rule (and its few exceptions) attracts a great deal of interest within the antitrust community. So it was with the Ninth Circuit’s...
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.