Historic Antitrust Trial Against Chinese Vitamin-C Cos. Opens

Law360, New York (February 25, 2013, 10:26 PM EST) -- Illegal price-fixing by Chinese vitamin-C producers cost U.S. businesses $54.1 million, a federal jury in Brooklyn heard Monday at the start of an unprecedented antitrust trial that will test the force of the companies' argument that their government made them collude.

China's largest makers of vitamin C — a supplement commonly used in vitamins, beverages, and foods — voluntarily entered into a series of agreements that limited supply and artificially inflated prices U.S. purchasers paid for the nutrient between 2002 and March 2006, an attorney representing...
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