Stanislaus Food Products v. USS-POSCO Indus.
Plaintiff, a tomato cannery, filed suit under Section 1 of the Sherman Antitrust Act, 15 U.S.C. 1, alleging claims that it pays artificially high prices as the result of an illegal market allocation agreement among the nation’s leading tin manufacturers who agreed to cede the tin mill products market in the western United States to UPI. The court concluded that U.S. Steel’s participation in the alleged conspiracy is economically implausible. Further, the court concluded that the evidence does not tend to exclude the possibility that the alleged conspirators were acting independently and therefore, plaintiff has failed to establish specific facts supporting a market allocation conspiracy. Accordingly, the court affirmed the district court's grant of summary judgment to defendants. View "Stanislaus Food Products v. USS-POSCO Indus." on Justia Law