Panasonic, Buyers Tussle Over Antitrust Suits’ Timing
Law360, San Francisco (October 27, 2016, 9:30 PM EDT) -- Panasonic and other electronics companies urged a California federal judge at a hearing Thursday to dismiss antitrust claims brought by a proposed class of electrical component buyers on the grounds they were filed too late, but an attorney for the buyers countered that they were sufficiently pled and “still fresh."
Panasonic Corp.’s attorney Jeffrey L. Kessler of Winston & Strawn LLP argued that there were legitimate explanations for the trade meetings held between rival companies since 2003 and that there's nothing in the proposed class’ allegations that make it plausible they have been conspiring for 10 years.
“Plausible does not mean...
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