Antitrust & Trade Reg.
Jul. 17, 2019
Judge said she will likely approve $49M settlement in antitrust case
U.S. District Judge Yvonne Gonzalez Rogers said her “intention is to approve” a $49 million settlement in the long-running antitrust dispute over an alleged conspiracy to fix the prices of lithium ion batteries in widely used electronics.
OAKLAND -- A federal judge intends to approve a $49 million settlement in the long-running antitrust dispute over an alleged conspiracy to fix the prices of lithium ion batteries in widely used electronics.
Indirect purchasers will recover $49 million, resolving the class action for roughly $113 million.
"I don't know whether it'll be that exact number," U.S. District Judge
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