If you or your company suffered monetary loss or damages from a market allocation antitrust scheme, you may be entitled to compensation from a market allocation class action lawsuit case or settlement claim.
A team of class action lawyers and antitrust attorneys is investigating potential market allocation antitrust class action lawsuit cases of individuals and/or businesses harmed by market allocation schemes.
Market allocation schemes (a/k/a as market division schemes, market manipulation schemes or customer allocation schemes) include any agreement or conspiracy between competitors to divide markets among themselves with respect to, for example, goods or services provided, customers served and/or geographical locations served.
Market Allocation Scheme Class Action Lawsuit
Market allocation scheme antitrust class action lawsuit and settlement cases potentially being investigated include claims involving individuals or businesses who suffered harm or damages due to an illegal market division scheme, including agreements to allocate/divide:
- Specific customers (or types of customers) who are served
- Geographic locations or territories served
- Specific products or services provided
- Other market allocation lawsuit claims
In market division schemes, each company is generally provided a market that is exclusively theirs to serve, resulting in less competition in such markets and likely higher prices for consumers.
For example, in a market division scheme competitors might decide that one company gets the West coast region, another gets the East coast, another gets the Midwest, another gets the South and so on. In such a case, instead of having multiple competitors in one large market, there are no competitors in several smaller markets.
In other market allocation cases, competitors might agree that one company exclusively serves one group of customers (e.g., an older demographic), while the other only serves a different group (e.g., a younger demographic). In other instances, competitors in a market allocation scheme might agree that one will only sell a certain product (e.g., drums), while the other will sell a different product (e.g., guitars).
According to the Federal Trade Commision (FTC):
Plain agreements among competitors to divide sales territories or assign customers are almost always illegal…. These arrangements are essentially agreements not to compete: “I won’t sell in your market if you don’t sell in mine.”
If you or your company were harmed by a market division or market allocation scheme, you may be entitled to recover compensation from a market allocation 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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