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Sep 24

Tire Makers Slam ‘far fetched’ Price-fixing Lawsuits

Goodyear, Bridgestone and four other tire manufacturers have asked a U.S. judge to dismiss a trio of class action lawsuits accusing them of conspiring to overcharge consumers and businesses in the multibillion-dollar market for replacement tires.
The companies, also including Continental, Michelin, Nokian and Pirelli, said in an Ohio court filing, opens new tab on Friday that the lawsuits failed to provide any evidence that they agreed to fix tire prices for passenger cars, trucks and other vehicles. …
Source: Reuters

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