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Consumers accuse Japanese tire companies of antitrust violations

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Thursday, November 21, 2024

Consumers accuse Japanese tire companies of antitrust violations

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DETROIT (Legal Newsline) — Three consumers are suing Japanese tire companies, alleging antitrust violations.

Jerry A. Anderson Sr. of Kentucky, Laura L. Larue of Kentucky, and Christopher A. Lee of Texas, filed a class action complaint, individually and on behalf of all others similarly situated, Nov. 15 inU.S. District Court for the Eastern District of Michigan against Bridgestone Corporation, Bridgestone APM Company, Yamashita Rubber Co. Ltd., Yusa Corporation, Sumitomo Riko Company, Ltd., DTR Industries, Inc., Toyo Tire & Rubber Co., Ltd., Toyo Tire North America OE Sales LLC, and Toyo Automotive Parts (USA), Inc., alleging they participated in a conspiracy to artificially inflate the prices of anti-vibration rubber parts.

According to the complaint, the plaintiffs suffered monetary damages from purchasing anti-vibration rubber parts at inflated prices. The plaintiffs allege the defendants engaged in anti-competitive practices to artificially inflate the price of their anti-vibration rubber parts.

The plaintiffs seek trial by jury, damages, treble damages, enjoin and restrain the defendant, all legal fees and interest, plus all other relief the court deems just. They are represented by attorneys David H. Fink, Darryl Bressack and Nate Fink of Fink + Associates Law in Bloomfield Hills, Michigan, plus eight other legal teams.

U.S. District Court for the Eastern District of Michigan Case number 2:16-cv-14057-AC-APP

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