The 3rd U.S. Circuit Court of Appeals has greenlighted a class-action antitrust suit brought by purchasers of corrugated paper products that accused paper manufacturers of conspiring to decrease their production so that supply would plummet and prices would rise.
Plaintiffs’ lawyers yesterday hailed the court’s decision in In Re: Linerboard Antitrust Litigation as a major victory because the court flatly rejected two defense arguments that could have made it impossible to pursue class remedies in many antitrust cases if they had been acceptaed.
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