Judge Says No To Injunction For Sharp-Sony Venture

Law360, New York (May 28, 2008, 12:00 AM EDT) -- A federal judge in the ongoing antitrust multidistrict litigation over flat panels on Tuesday refused to file a preliminary injunction on a proposed joint venture between Sony Corp. and Sharp Corp., finding that there was no evidence the deal would strengthen any purported cartel.

U.S. District Judge Susan Illston for the Northern District of California found that the indirect purchaser plaintiffs who demanded the injunction had not demonstrated that they were entitled to an injunction.

“As a threshold matter, the court holds that plaintiffs have not...
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