Potash Suppliers Accused Of Price-Fixing Conspiracy

Law360, New York (September 12, 2008, 12:00 AM EDT) -- The world's largest suppliers of the fertilizer potash have been hit with an antitrust suit alleging they conspired to fix prices after an increase in production during the 1990s led to price drops that threatened their profits.

The suit, filed Thursday in the U.S. District Court for the District of Minnesota, accuses the world's No. 1 potash supplier, Potash Corp. of Saskatchewan Inc., of colluding with other producers and distributors to stabilize prices for the chemical salt in violation of the Sherman Act.

Between 2007 and...
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