Antitrust class actions assert claims arising out of anticompetitive business practices that restrain trade and the free market such as price fixing, bid rigging, exclusive dealing, tying, and agreements to divide markets. The aim of the lawsuit is to compensate those who are harmed by such unlawful conduct such as a class of consumers or businesses who pay too much for a product or service because of the anticompetitive practices of the seller.
Claims can be asserted under federal laws such as the Sherman Antitrust Act and the Clayton Act. Successful plaintiffs are entitled to treble damages.
Virtually all states have also enacted their own antitrust statutes that are based on or resemble the federal statutes.
If you believe you have been injured by anticompetitive business practices, please contact us for a free evaluation.