Commercial Metals Co. loses bid for new trial after US antitrust jury verdict
( September 30, 2025, 00:24 GMT | Official Statement) -- MLex Summary: A California federal judge rejected Commercial Metals Co.'s motion for judgment as a matter of law and for a new trial in its dispute with Pacific Steel Group. Last year, a jury found that CMC attempted to monopolize the market for steel rebar supplied from within 500 miles of Rancho Cucamonga, California. "The standard for granting a motion for judgment as a matter of law is high, and the Court must draw all reasonable inferences in favor of upholding the jury’s verdict," US District Judge Haywood Gilliam. "The standard is similarly high for a motion for new trial. CMC has not shown a sufficient basis to disturb the verdict." See judge's order. ...
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