Eaton Tells High Court Price-Cost Ruling Hurts Competition

Law360, New York (March 1, 2013, 7:52 PM EST) -- Eaton Corp. has asked the U.S. Supreme Court to review a Third Circuit finding that the industrial component maker had engaged in anti-competitive conduct despite the fact that it priced its goods above-cost, arguing the ruling will stymie competition unless overturned.

Eaton filed a petition for a writ of certiorari on Feb. 25, after the Third Circuit denied its attempt in September to overturn truck component maker Meritor Transmission Corp.'s successful antitrust suit. A federal jury had sided with Meritor, finding Eaton used its monopoly power...
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