If you or your company suffered monetary loss, harm or damages from a monopoly or monopolization scheme (or attempted scheme), you may be entitled to recover compensation from a monopolization class action lawsuit case or settlement claim.
A team of class action attorneys and antitrust lawyers is investigating potential antitrust class action lawsuit claims of individuals and/or businesses who were harmed by a monopoly or monopolization scheme.
A monopoly is a market with no competition where a single company (the “monopolist”) is the only supplier of a product or service. A company with monopoly power has “the power to control prices or exclude competition.” Monopoly power can harm consumers by making the prices for goods and services higher, reducing their output, making them of lesser quality, and by stifling innovation that would exist in a competitive market.
Section 2 of the Sherman Antitrust Act makes it unlawful for a company to “monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations . . . .”
Monopolization Antitrust Class Action Lawsuit
Monopolization class action lawsuit and settlement cases potentially being investigated include claims of individuals or businesses who suffered monetary loss, harm or damages due to an illegal monopoly or monoplization scheme, including the following:
- Abuse of monopoly power
- Exclusive dealing
- Exclusive supply or purchase agreements
- Refusal to deal with competitor or rival
- Price discrimination
- Refusing to supply an essential facility
- Tying and bundling
- Exclusionary boycotts
- Predatory pricing
- Other predatory or exclusionary conduct
- Other anti-competetive behavior
- Other monopolization lawsuit claims
In general, it illegal to acquire or maintain monopoly power through improper means. A monopolization claim requires the (1) the possession of monopoly power (often, but not always, determined by market share) in the relevant market (including the relevant product or service market and the relevant geographic market); and (2) the willful acquisition or maintenance of that power as distinguished from growth or development as a consequence of a superior product, business acumen, or historic accident (i.e., exclusionary, predatory or other anti-competetive conduct).
If you or your company were harmed from an illegal monopoly or monopolization scheme, you may be entitled to recover compensation from an antitrust monopolization 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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