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American Antitrust Institute backs Seagate in US appeal of price-fixing case against NHK

( November 6, 2024, 15:56 GMT | Official Statement) -- MLex Summary: The American Antitrust Institute told a US appeals court that nowhere in the Foreign Trade Antitrust Improvements Act’s language or history does the statute purport to set up different degrees of enforcement for categories of Sherman Act violations, making some conduct addressable through private action and other conduct not. AAI filed a brief in support of reviving Seagate Technology’s price-fixing claims against NHK Spring over suspension assemblies. It argued that if the lower court’s decision is not reversed, its approach to the FTAIA will eliminate a key element of the US antitrust enforcement scheme for private civil liability.See attached file. ...

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