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You are here: Home / News / Auto Parts Manufacturer $34.5 Million Antitrust Class Action Settlement

Auto Parts Manufacturer $34.5 Million Antitrust Class Action Settlement

July 25, 2016 By CollisionWeek Editor

NSK Ltd. settlement will benefit indirect purchasers of parts, including dealers and consumers, whose prices were inflated due to illegal price fixing.

NSK Ltd. announced Friday that it has agreed to settle class action lawsuits with some indirect purchasers, including automobile dealers and consumers, that are part of the plaintiff classes in litigation pending in the United States District Court for the Eastern District of Michigan.

The plaintiffs of the Class Actions have alleged, among other things, that the defendants, including NSK, conspired with each other to restrict competition in sales of bearing products and other products in the United

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Filed Under: News Tagged With: Antitrust, OEM Parts, Price Fixing

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