Battery Price-Fixing Conspiracy 'Implausible,' Sony Says

Law360, New York (September 17, 2013, 6:13 PM EDT) -- Sony Corp. asked a California federal judge Monday to toss the antitrust claims against it in multidistrict litigation alleging the company was involved in a scheme to fix the prices of lithium ion batteries, saying the direct and indirect purchasers' suits presented a far-fetched conspiracy backed up by scant evidence.

The buyers allege in their consolidated suits that Sony cooperated with rivals for more than a decade. Sony, however, said the plot described was "inherently implausible" considering Sony's share of the global market for lithium ion...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.