A PYMNTS Company

US: NY court reinforces radio antitrust suit block

By  |  February 15, 2013

A US Court of Appeals in New York has ruled that a radio company cannot bring its antitrust claims against agencies in the state, according to reports. Gatt Communications Inc., which manufacturers and sells radios, is alleging collusion and bid-rigging among New York agencies. A 2nd Circuit US Court of Appeals reaffirmed a lower courts previous ruling that Gatt lacked standing in their claims. Gatt is accusing Wineland and PMC of participating in a bid-rigging scheme between 2005 and 2007. Gatt also admitted to participating in the scheme.

 

Full Content: Thomson Reuters

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