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Nippon Chemi-con should pay $89.4 million to Avnet over capacitors cartel, lawyer says as US trial heads to jury

By Michael Acton ( May 18, 2023, 23:35 GMT | Insight) -- Nippon Chemi-con should be on the hook for the entire $89.4 million in damages suffered by Avnet in a years-long capacitors cartel involving multiple manufacturers, a lawyer for Avnet told a San Francisco federal jury in closing arguments today. But lawyers for NCC and its US subsidiary, UCC, said the figure is vastly inflated, in part because most of Avnet’s purchases were from UCC and involved capacitors which were not covered by the cartel.Nippon Chemi-con should be on the hook for the entire $89.4 million in damages suffered by Avnet in a years-long capacitors cartel involving multiple manufacturers, a lawyer for Avnet told a San Francisco federal jury in closing arguments today....

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