If you (or your company) purchased tires directly from Continental, Michelin, Nokian Tyres, Goodyear, Pirelli and/or Bridgestone tire companies on or after January 1, 2020, you may be entitled to recover financial compensation from a tire price fixing antitrust class action lawsuit case or settlement claim.
A team of class action attorneys and antitrust lawyers is investigating potential class action lawsuit cases and settlement claims of individuals and businesses who purchased tires directly from Continental, Michelin, Nokian Tyres, Goodyear, Pirelli and/or Bridgestone tire companies and who may have been overcharged for the tires.
On February 7, 2024, a class action lawsuit was filed in the United States District Court for the Southern District of New York against various tire manufacturers, styled as Rena Sampayan v. Continental et al., Case No. 1:24-cv-00881 (Judge Ramos) alleging, among other things, that Defendants engaged in a price fixing conspiracy to artificially increase and fix the prices of new replacement tires for passenger cars, vans, trucks and buses sold in the U.S., in violation of antitrust laws.
Tire Price Fixing Antitrust Class Action Lawsuit Case
Tire price fixing antitrust class action lawsuit and settlement cases potentially being investigated include claims involving individuals and businesses who, on or after January 1, 2020, bought tires directly from certain tire manufacturers, including:
- Goodyear tires
- Bridgestone tires
- Michelin tires
- Continental tires
- Nokian Tyres tires
- Pirelli tires
- Other tire manufacturers
Goodyear manufactures Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft and Roadmaster brand tires. Bridgestone manufactures Bridgestone, Firestone, and associate brand tires. Michelin manufacturers Michelin, BF Goodrich, and Uniroyal brand tires.
Tire Antitrust Lawsuit Claims
The tire antitrust class action lawsuit was brought on behalf of, and potentially includes unless otherwise excluded, the following:
All persons or entities that purchased Tires directly from Defendants within the United States from January 1, 2020, until the time that the adverse effects of Defendants’ anticompetitive conduct ceased (the “Class Period”)
Defendants in the tire price fixing class action have included Continental Aktiengesellschaft; Continental Tire the Americas, LLC; Compagnie Générale des Établissements; Michelin North America, Inc.; Nokian Tyres plc; Nokian Tyres Inc; Nokian Tyres U.S. Operations LLC; The Goodyear Tire & Rubber Company; Pirelli & C. S.p.A.; Pirelli Tire LLC; Bridgestone Corporation and Bridgestone Americas, Inc..
According to the tire antitrust class action complaint, on January 30, 2024, the European Commission (“EC”) allegedly announced dawn raids at the premises of “companies active in the tyres industry in several Member States” over suspicion that these companies “violated EU antitrust rules that prohibit cartels and restrictive business practices,” specifically that price coordination took place.
Tire Purchasers Seek To Recover Damages For Alleged Overcharges Paid On Tires
The tire price fixing class action complaint alleges that direct purchasers of tires throughout the United States suffered damages in the form overcharges paid for tires.
The tire class action complaint asserts one claim for relief: Count One alleges a violation of the Sherman Act, 15 U.S.C. § 1 against all defendants. Specifically, the complaint alleges that Defendants entered into and engaged in a continuing combination, conspiracy or agreement to unreasonably restrain trade or commerce by artificially restraining competition with respect to the price of new replacement tires for passenger cars, vans, trucks and buses sold within the United States.
Plaintiffs in the tire antitrust class action lawsuit seek to recover, among others things, three-fold damages, the costs of the lawsuit, reasonable attorneys’ fees, pre- and post-judgment interest and injunctive relief.
Time Is Limited To File A Tire Antitrust Lawsuit
Certain deadlines called statutes of limitation and statutes of repose may limit the amount of time that purchasers of tires have to file an antitrust lawsuit claim to try to recover compensation.
This means that if a tire antitrust lawsuit claim is not filed before the applicable time limit or deadline, a claimant may be prohibited from ever pursuing litigation or taking legal action regarding their claim. That is why it is important to connect with an antitrust class action lawyer or attorney as soon as possible.
If you or your company bought tires directly from Continental, Michelin, Nokian Tyres, Goodyear, Pirelli and/or Bridgestone on or after January 1, 2020 , you may be entitled to recover financial compensation from a tire price fixing 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 (e.g., Continental, Michelin, Nokian Tyres, Goodyear, Pirelli and Bridgestone, etc.) is not meant to state or imply that the company acted illegally or improperly; 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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