Sun, Jan 19, 2003 - Page 11 News List

Roche, Aventis and BASF face more US price-fixing claims

BLOOMBERG , WASHINGTON

In 2001, the New Orleans-based appeals court dismissed a lawsuit by Norway's Statoil ASA to recover damages from foreign participants in a conspiracy to fix marine construction prices. The Supreme Court refused to consider Statoil's appeal.

The DC Circuit's ruling sided with a decision by a federal appeals court in New York, which allowed damage suits by foreign customers of the Christie's International Plc and Sotheby's Holdings Inc auction houses. Christie's and Sotheby's participated in a conspiracy to fix commissions.

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