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Antitrust

Hearst Communications Logo

Online media sites, such as Facebook and Google, have captured a great deal of advertising revenue that once went to television broadcasters. Broadcast audiences are also older than they used to be, as young people spend more time online and with cable television. The complaint for this class action claims that a number of broadcasters conspired to fix and/or raise prices for local advertising, in order to stop prices from falling.

Eversource Energy Logo

Eversource Energy and Avangrid, Inc. are energy suppliers in New England. The complaint for this class action alleges that the two companies engaged in a conspiracy to raise the price of electricity for wholesale buyers—interestingly, by manipulating the price of natural gas.

Crowd of Pigs

The complaint for this antitrust class action alleges that producers of pork conspired to raise prices on their products since at least 2009, with the help of an industry data-sharing serving called Agri Stats, Inc. Pork products include pig meat (fresh or frozen), smoked ham, sausage, and bacon.

Covestro Plant

The complaint for this class action alleges that an anticompetitive conspiracy has existed in the US to raise the price of MDIs and TDIs, which are precursor ingredients for foam and related products, since at least January 1, 2016.

Micron DRAM

When a handful of companies control 95% of a market, it is much easier to make anticompetitive arrangements. That has been the situation in the DRAM market, and the complaint for this class action claims that makers of DRAM components did in fact conspire to fix and inflate prices, causing price rises of, on average, more than 300% during the class period.

Three Pieces of Raw Pork

The complaint for this class action details what it alleges is an anticompetitive conspiracy among the principal pork producers and a provider of statistics that has allowed them to raise pork prices since 2009. The complaint claims that the conspiracy violates federal antitrust laws.

Los Angeles Highways

Did companies keep the price of gasoline high in California while the rest of the country was enjoying lower prices? The complaint for this antitrust class action claims that a conspiracy kept the price as much as $1.50 higher than the national average, and that Californians paid $10 billion more for gas than they should have. Among the methods allegedly used, the complaint cites false maintenance shutdowns and the sustaining of shortages by exporting gasoline supplies out of California. 

Illustration of Train Braking System

The complaint for this class action alleges that the anti-competitive agreements between rail companies in this case were aimed not at limiting technology or suppressing new products or keeping prices high. They were aimed at limiting competition for workers and keeping wages down. The complaint claims that on April 3, 2018, the Antitrust Division of the US Department of Justice (DOJ) filed a civil antitrust action and announced a settlement with two of the defendants in this case, Knorr Brake Company and Westinghouse Air Brake Technologies Corporation.

Row of Dental Instruments

The complaint for this securities class action claims that Patterson Companies, Inc., colluded with its two main dental product competitors to keep prices high and maintain profit margins. Among other things, the companies agreed not to do business with Group Purchasing Organizations, which were intended to enable small practices to obtain bulk prices. This antitrust activity, the complaint says, was hidden from investors, in violation of the Securities Exchange Act of 1934, artificially boosting Patterson’s sales figures and stock price until the truth emerged.

O2 Arena in London

“London’s most essential large concert venue” is the O2 Arena, selling fifty percent more tickets in 2016 than any other arena-sized venue in the world. Why, then, has rock star Ozzy Osbourne filed a class action relating to it? Because, the complaint says, Anschutz Entertainment Group, Inc. (AEG) requires that artists who book the O2 as part of a tour also book the Staples Center for the Los Angeles part of their tours, in what the complaint says is an anti-competitive condition that violates antitrust laws.

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