Allegations against chocolate giant Hershey’s, along with Mars and Nestle, were dismissed Wednesday after a federal judge ruled there was no definitive proof of the accused price-fixing, say reports.
US Middle District Chief Judge Christopher C. Conner dismissed an eight-year-long pursuit of legal action against the three candy giants after 91 lawsuits had been filed accusing the firms of colluding to fix product prices. Plaintiffs in those lawsuits include consumers, drug stores, grocers and other businesses.
The suits were consolidated for action.
Judge Conner dismissed the case even after a similar lawsuit in Canada found the three companies guilty of a price-fixing conspiracy.
Full Content: Penn Live
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI