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Lawsuit - USA - Freightliner accuses GM of antitrust violations
MI,USA -MLive.com, by Matthew Kish -Sept 04, 2006: -- Freightliner LLC has filed a lawsuit in federal court accusing General Motors Corp. of price discrimination and predatory conduct... While the antitrust lawsuit doesn't seek a specific monetary award, it could cost Detroit-based GM millions. The suit asks for attorney fees and court costs as well as treble damages -- a legal term that means triple the amount of any jury award... The complaint alleges that GM has prevented Peoria, Ill.-based Caterpillar Inc. from gaining a foothold in the market for automatic transmissions for heavy-duty equipment and trucks by forcing contractors like Freightliner to exclusively offer GM transmissions... Contractors that don't are subject to higher pricing by GM, the complaint alleges...
posted by Unknown @ 9:42 AM
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