Autoliv Reveals $81M In New Auto Parts Antitrust Settlements
Law360, New York (March 25, 2015, 6:02 PM EDT) -- Autoliv Inc. announced Wednesday that it has reached settlements totaling $81 million with certain direct purchasers that were not covered by an earlier deal in multidistrict litigation accusing the Swedish auto parts maker and others of conspiring to fix prices.
Autoliv said in a statement Wednesday that the latest settlements resolve certain direct purchasers' antitrust claims that were not covered by its agreement last year to pay $65 million to direct purchasers, auto dealers and consumers, who claimed the company conspired to fix the price of occupant safety systems. The bulk of that settlement, $40 million, went to the direct purchasers....
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