If you or your company suffered monetary loss or damages from antitrust law violations, you may be entitled to compensation from an antitrust class action lawsuit case or settlement claim.
A team of class action attorneys and antitrust lawyers is investigating potential antitrust class action lawsuit cases involving individuals and/or businesses who claim to have suffered damages or loss as a result of others’ violations of federal and/or state antitrust laws.
An antitrust class action lawsuit is a civil lawsuit filed by individuals and/or businesses in state or federal court on behalf of themselves and a group (or class) of those who are similarly situated for alleged violations of state and/or federal antitrust laws. Such antitrust laws regulate business practices to promote competition and prevent monopolies.
According to the American Antitrust Institute, in recent years, more than $29.3 billion has been recovered for victims in antitrust class actions.
Antitrust Class Action Lawsuit Claims
Antitrust class action lawsuit and settlement cases potentially being investigated include claims involving individuals and/or businesses who suffered monetary loss or damages as a result of others’ violations of antitrust laws, including the following antitrust claims, among others:
- Price-fixing class action lawsuits
- Market allocation class action lawsuits
- Bid rigging class action lawsuits
- Agreement to divide markets for goods or services
- Agreement to divide geographic markets
- Agreement to allocate customers
- Group boycotts
- Monopolization and abuse of monoply power
- Unlawful tying/bundling
- Exclusive dealing
- Refusal to deal
- Cartel activity
- Standard setting
- Best practices
- Information exchanges
- Predatory or below-cost pricing
- Price discrimination
- Other forms of collusion
- Other antitrust lawsuit claims
Although most antitrust class action lawsuits involve price fixing, bid rigging, or market division or allocation schemes, antitrust lawsuit cases can involve all sorts of anti-competetive conduct.
Antitrust Laws Prohibit Anti-Competitive Conduct
In general, federal and state antitrust laws prohibit business practices that unreasonably deprive consumers of the benefits of competition: lower prices, better or higher quality products and services, more choices, and more innovation. There are three major federal antitrust laws: the Sherman Antitrust Act, 15 U.S.C. §§ 1–7, the Clayton Antitrust Act, 15 U.S.C. §§ 12–27, 29 U.S.C. §§ 52–53, and the Federal Trade Commission Act, 15 U.S.C. §§ 41-58.
The Sherman Antitrust Act prohibits every “contract, combination, or conspiracy” that unreasonably restrains interstate and foreign trade (e.g., agreements among competitors to fix prices, rig bids, or allocate customers) (Sec. 1) and prohibits the “monopolization, attempted monopolization, or conspiracy or combination to monopolize.” (Sec. 2).
The Clayton Antitrust Act prohibits mergers or acquisitions that are likely to lessen competition and certain other anti-competitive activities, such as price discrimination between different purchasers, exclusive dealing agreements, and tying arrangements.
The Federal Trade Commission Act bans “unfair methods of competition” and “unfair or deceptive acts or practices.” In addition to these federal antitrust laws, most states have their own antitrust laws, many of which are based on federal antitrust law.
Antitrust Class Actions
Anti-trust class actions have been brought to remedy anti-competitive behavior across various industries and markets, including, among others, finance (derivatives, futures, banking & credit card services), pharmaceuticals (drugs & medical products), agricultural/food products (eggs, fish, mushrooms & bananas), electronics (cable services, flat panels & memory chips), chemicals/gas (plastics, rubbers, gasoline & natural gas), cars/autos (manufacturing & parts), transportation (air & freight services), consumer (clothings, services & merchandise), and construction materials (concrete, gypsum, pipe fittings, steel).
Recent notable antitrust class action lawsuits and settlements include:
- Visa & MasterCard Interchange Fee Antitrust Settlement
- Blue Cross Blue Shield Antitrust Settlement
- Mobile home lot rental class action lawsuit
- Interior Molded Doors Indirect Purchaser Antitrust Litigation
- Naval engineer shipbuilder antitrust class action lawsuit
- Generic Pharmaceuticals Pricing Antitrust Litigation
- Cathode Ray Tube Antitrust Settlement
- Tire Antitrust Class Action Lawsuit
- HIV Antitrust Litigation
- RealPage Antitrust Class Action Lawsuit
- Hill-Rom hospital bed antitrust lawsuit
- LIBOR-Based Financial Instruments Antitrust Litigation
- Currency Conversion Fee Antitrust Settlement
- Foreign Exchange Benchmark Rates Antitrust Litigation
- Financial Aid Antitrust Lawsuit
- ISDAfix Derivatives Antitrust Settlement
- Automotive Parts Antitrust Litigation
- Harley-Davidson Antitrust Litigation
- Flat Glass Antitrust Settlement
- TFT-LCD Antitrust Litigation
- Inductors Antitrust Litigation
- Rail Freight Fuel Surcharge Antitrust Litigation
- Freight Forwarder Antitrust Settlement
- Air Cargo Antitrust Litigation
- Transpacific Passenger Air Transportation Antitrust Litigation
- Domestic Airline Travel Antitrust Lawsuit
- Asacol Antitrust Class Action Litigation
- Niaspan Antitrust Litigation
- Suboxone Antitrust Litigation
- Northeastern Milk Antitrust Settlement
- Southeastern Milk Antitrust Settlement
- Packaged Ice Antitrust Settlement
- Cattle and Beef Antitrust Litigation
- Pork Antitrust Litigation
- Broiler Chicken Antitrust Litigation
- Peanut Farmers Antitrust Litigation
- SRAM Antitrust Litigation
- Diisocyanates Antitrust Litigation
- Fragrances Antitrust Litigation
- Other antitrust class action lawsuit cases
Time Is Limited To File An Antitrust Lawsuit
Deadlines called statutes of limitation and statutes of repose may limit the amount of time that individuals and businesses have to file an antitrust class action lawsuit to try to recover monetary compensation for losses they claim to have suffered from antitrust violations.
This means that if an antitrust lawsuit case is not filed before the applicable time limit or deadline expires, the plaintiff may be prohibited from ever pursuing litigation or taking legal action regarding the antitrust claim. That is why it is important to connect with an antitrust lawyer or attorney as soon as possible.
If you or your business suffered damages or loss from antitrust violations, you may be entitled to recover compensation from an antitrust class action lawsuit case or settlement claim. Contact an antitrust class action lawyer to request a free case review.
*The listing of a company or product is not meant to state or imply that the company or entity acted illegally or improperly or that the product is unsafe or defective; rather only that an investigation may be, is or was being conducted to determine whether legal rights have been violated.
**The use of any trademarks, tradenames or service marks is solely for product identification and/or informational purposes.
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