Antitrust Law Daily Wrap Up, ANTITRUST NEWS: Dell settles cathode ray tube price fixing claims against Mitsubishi, (Oct 20, 2015)
Organizations Mentioned:Dell Inc. | Mitsubishi Electric Corp. | Mitsubishi Electric Corporation
Computer technology company Dell Inc. has agreed to settle its claims against Mitsubishi Electric Corporation in the multidistrict class action litigation against cathode ray tube (CRT) manufacturers for an alleged international price fixing conspiracy, according to a letter filed on October 16 (In re Cathode Ray Tube (CRT) Antitrust Litigation, Conti, S.).
Dell and other consumer electronic companies had filed suit against numerous CRT manufacturers, asserting claims under the Sherman Act and various state laws. They alleged that they were direct purchasers of CRTs made by the defendants that were ultimately incorporated into their finished products. Most of the defendant manufacturers settled the allegations, leaving Mitsubishi as the only remaining defendant.
The details of the settlement were not disclosed in the letter.
The case is No. 07-5944 SC, MDL No. 1917.
Companies: Dell Inc.; Mitsubishi Electric Corporation
News: Antitrust CaliforniaNews