A judge in California has reportedly ruled that US-based bankrupt solar panel maker Solyndra can continue its lawsuit against Chinese rivals for price-fixing, despite acknowledging a less than solid case.
Solyndra is reportedly seeking $1.5 billion from competitors accused to have “engaged in a predatory price-fixing conspiracy to drive domestic solar panel manufacturers, including Solyndra, out of business by selling their Chinese-made panels at below-market prices in the United States.”
The lawsuit, given the green light by US District Judge Saundra Brown Armstrong, follows regulatory scrutiny, both here and abroad, of Chinese solar panel companies accused with product dumping to undermine competition.
Full Content: Politico
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