Samsung Appeal Shot Down In Cathode Ray Price-Fixing MDL

Law360, New York (February 14, 2013, 2:29 PM EST) -- Samsung Electronics Co. Ltd. and other electronics makers on Wednesday lost their bid in California federal court to appeal a ruling that indirect purchasers of allegedly price-fixed cathode ray tubes could pursue antitrust claims under an exception to the U.S. Supreme Court’s Illinois Brick ruling.

U.S. District Judge Samuel Conti refused to allow an interlocutory appeal of a November ruling that nine retailers who purchased finished products from Samsung and the other defendants that contained the tubes had standing to litigate price-fixing claims under the so-called...
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.