Panasonic, Samsung Accused Of 9-Year Price-Fixing Scheme
Law360, New York (July 22, 2014, 7:26 PM EDT) -- Panasonic Corp. and a slew of other companies were hit with yet another class action in California federal court on Tuesday accusing them of conspiring to fix prices on a key component of electrical circuits over almost a decade.
Dependable Component Supply Corp., a Florida-based electronic parts supplier, claims that Panasonic, Samsung Electro-Mechanics America Inc. and almost 20 other companies and their affiliates colluded to restrain trade of aluminum and tantalum electrolytic capacitors from January 2005 to the present.
“Through their concerted actions, defendants created the market conditions that made it economically feasible for all cartel members to fix, raise, maintain...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!