Parts distributor settles antitrust action alleging price-fixing and illegal boycotts
Clients Parts distributor
Jones Day represented a parts distributor in two antitrust class actions filed by plaintiff truck dealers against Detroit Diesel Corporation and its independent distributors in the United States District Court for the Eastern District of Michigan. The plaintiffs brought price-fixing and illegal boycott claims against defendants under Section 1 of the Sherman Act, requesting judgment against the defendants for three times the amount of damages sustained by the classes, the costs of the actions, and permanent injunctions. The claims against the parts distributor were settled and the settlement was approved after hearing.
Diamond International Trucks, Inc., et al. v. Detroit Diesel Corporation, et al., 2:05-CV-74930, and Cumberland Truck Equipment Co., et al. v. Detroit Diesel Corp., et al., 2:05-CV-74594) (E.D. Michigan)