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'Unprecented' Global Settlement Reached with Parker ITR in Marine Hose Cartel

March 13, 2009 Jessie Kokrda Kamens, Class Action Litigation Report

In what one attorney calls an "unprecedented" development, an international private settlement was reached with Parker ITR, resolving the company's global cartel liability for marine hose price pricing without any formal legal proceedings.

More information on this case: Marine Hose

Practice Areas: Antitrust / Competition

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