A federal judge yesterday upheld the $68.4 million verdict awarded to LePage’s Inc. in its antitrust suit against office supply giant 3M, but threw out LePage’s claim for “attempted maintenance of monopoly power” after finding that no such cause of action exists under the Sherman Act.

In April 1999, a jury found that 3M used its monopoly power to drive LePage’s out of the market for transparent tape, but cleared 3M on claims that it had engaged in exclusive dealing or unreasonably restrained trade.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]