Chem Co. Lubrizol Dodges Antitrust Suit Over Rival Buy

Law360, New York (February 5, 2013, 4:23 PM EST) -- A Michigan federal judge on Tuesday threw out manufacturer Z Technologies Corp.’s antitrust suit alleging specialty chemical maker Lubrizol Corp.’s acquisition of a rival company's metalworking product line monopolized the anti-corrosives market and drove up prices, finding Z Tech waited too long to bring the action.

Z Tech accused Ohio-based Lubrizol of unlawful acquisition and monopolization by gobbling up the assets of competitor Lockhart Co. in a $15.7 million deal in 2007 that removed the only alternate source to Z Tech for oxidates used for rust...
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Case Information

Case Title

Z Technologies Corporation v. The Lubrizol Corporation


Case Number

2:12-cv-12206

Court

Michigan Eastern

Nature of Suit

Anti-Trust

Judge

Lawrence P. Zatkoff

Date Filed

May 18, 2012

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