In the Wallach case, Faruqi & Faruqi, LLP represents a proposed class of purchasers of Class 8 truck transmissions — the types of transmissions used in 18-wheelers. The case alleges that the dominant manufacturer of the transmissions, Eaton Corporation, and several truck manufacturers, engaged in an exclusive dealing conspiracy that suppressed competition and kept the price for Class 8 truck transmissions artificially high, a violation of §§ 1 and 2 of the Sherman Act and § 3 of the Clayton Act. Plaintiffs allege that these exclusive dealing agreements eliminated Eaton’s only viable competitor and prevented other potential competitors from entering the market. Faruqi & Faruqi is on the Executive Committee.
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Filed on 03/31/2010
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