Law360, New York (February 18, 2014, 1:57 PM EST) -- On Feb. 6, 2014, the Federal Trade Commission dismissed the majority of its claims against McWane Inc., the leading domestic supplier of ductile iron pipe fittings used in water distribution systems in the United States. In its 2012 complaint, the FTC alleged seven counts of unfair competition under Section 5 of the FTC Act. Three counts alleged collusive conduct between McWane and its two primary competitors — Star Pipe Products Ltd. and Sigma Corp. — to fix prices and improperly exchange information through an industry association. The remaining four counts charged McWane with acting unlawfully to maintain its monopoly in the domestic fittings market, alleging both exclusionary conduct and unfair restraint of trade....
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