Settlements in Landmark Auto Parts Litigation Surpass $1 Billion

NEW YORK–(BUSINESS WIRE)–Attorneys representing U.S. consumers and businesses in history-making litigation arising out of price-fixing and bid-rigging conspiracies among automotive parts manufacturers announced today that settlements have surpassed $1 billion. The cumulative settlement figure in the case now stands as one of the largest amounts that indirect purchaser “end payors”—the ultimate purchasers of a price-fixed product—have ever recovered in a U.S. antitrust lawsuit. The massive lit

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