Motion to decertify LCD panel price-fixing class rejected, lawsuit to go forward
U.S. District Judge Susan Illston rejected LCD panel manufacturers’ motion to decertify a class of electronic retailers, thereby allowing the class to continue their claims of price-fixing of LCD products. Defendants include Toshiba, Hitachi, and Epson. Judge Illston found that contrary to the manufacturers’ argument that members of the indirect purchaser class could not be identified, the class had presented reasonable models to determine those who had been harmed.
Source: Courthouse News Service
Related content: Economics Now Plays an Important Role at The Class Certification Stage for Antitrust Class Actions (Wendy Bloom, Kirkland & Ellis)
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