Rice University has set aside $33.75 million to settle an antitrust lawsuit filed against 17 prestigious private universities across the country accused of illegally running a scheme that limited the amount of financial aid given to students, according to the …
Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking $2.5 billion in damages over an alleged scheme to fix prices between 1999 and 2006, a prosecutor told Reuters. Federal Prosecutor Karen Kahn said …
Insurers waited too long to intervene in anti-trust litigation that brought settlements requiring dozens of auto parts manufacturers to pay a total of $1.2 billion to resolve price-fixing allegations, a panel of the U.S. 6th Circuit Court of Appeal ruled …
The attorneys general for 11 Midwestern states are urging the Justice Department to pursue a federal investigation into market concentration and potential price fixing by meatpackers in the cattle industry during the coronavirus pandemic. In a letter to U.S. Attorney …
California sued two multinational gasoline trading companies Monday, alleging they ran a scheme that jacked up prices at the pump from 2015 to late 2016. Democratic Attorney General Xavier Becerra said the companies took advantage of market volatility following a …
Any proposal to automatically cut premiums for Michigan drivers would be “dead” on arrival in the Republican-led Senate, Majority Leader Arlan Meekhof said, bringing into question lawmakers’ long-sought aim to enact major auto insurance changes. Meekhof, on the Legislature’s first …
Price-fixing lawsuits against the air-cargo industry have produced steady cash flow for U.S. plaintiff lawyers and their clients, with total settlements topping $367 million last week after British Airways announced an $89.5 million deal. But pacts resolving antitrust litigation could …
