Antitrust Attys Back 3rd Circ. Rehearing In DuPont Suit

Law360, New York (October 23, 2017, 8:20 PM EDT) -- The American Antitrust Institute on Friday asked to weigh in with the Third Circuit in support of Valspar Corp.'s bid for a rehearing to revive its $176 million price-fixing lawsuit against DuPont, telling the appellate court its earlier ruling is inconsistent with both its own and U.S. Supreme Court precedent.

AAI, a nonprofit advocacy group of antitrust lawyers and others dedicated to promoting competition, offered a proposed amicus brief to support Valspar's motion for an en banc rehearing of its DuPont suit. The group agreed with Valspar that the Third Circuit had strayed from precedent with a standard making it impossible...

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