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Caterpillar fails to get out of US monopolization case over heavy equipment

( September 26, 2022, 23:52 GMT | Official Statement) -- MLex Summary: There is sufficient direct and circumstantial evidence to show that Caterpillar, Inc. pressured an online platform for the selling and auctioning of heavy construction equipment to stop doing business with International Construction Products, according to a US federal judge. US District Judge Richard G. Andrews denied Caterpillar’s motion for summary judgment, finding there is enough to infer it conspired to remove ICP as a competitor in the market for the sale of new heavy construction equipment. Andrews granted Komatsu America’s motion because there is insufficient evidence that it similarly pressured the platform.See document below. ...

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