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Self-adhesive labelstock manufacturers may have conspired to artificially inflate the price of its self-adhesive labelstock.
Investigation Source (Case #3:03-MDL-1556)
- Nationwide
Investigation Scope
Category Information
Investigation Topics
- Over Charge
- Price Fixing
- Anti-Competitive Behavior
Products or Services
- Direct Purchasers of Self-Adhesive Labelstock
- Self Adhesive Labels
Injury Type
- Monetary Loss
Investigation Details
Investigation and pending class action lawsuit against the major self-adhesive labelstock manufacturers including Bemis Company, Morgan Adhesives Company, Avery Dennison Corp., Raflatac, Inc. and UPM-Kymmene Corp. on behalf of direct purchasers of self-adhesive labelstock for alleged violations of the U.S. antitrust laws.
This antitrust class action claims that from 1999 to the present the defendant labelstock manufacturers and their co-conspirators participated in a conspiracy to fix, raise, maintain, and stabilize prices for self-adhesive lablestock sold in the United States in violation of Section 1 of the Sherman Act.
Because of defendants' unlawful conduct, plaintiffs paid artificially high prices for self-adhesive labelstock and, as a result, have suffered antitrust injury.
This antitrust class action claims that from 1999 to the present the defendant labelstock manufacturers and their co-conspirators participated in a conspiracy to fix, raise, maintain, and stabilize prices for self-adhesive lablestock sold in the United States in violation of Section 1 of the Sherman Act.
Because of defendants' unlawful conduct, plaintiffs paid artificially high prices for self-adhesive labelstock and, as a result, have suffered antitrust injury.
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| Bemis Company (BMS) | Bemis is a global manufacturer of flexible packaging and pressure sensitive materials with sales of over $3.5 billion. Nearly two-thirds of Bemis packaging is used in the food industry, with the balance used in markets including medical, pharmaceutical, chemical and agribusiness. |
| UPM-Kymmene Corporation | UPM-Kymmene Corporation is a paper company. |
| Morgan Adhesives Company | Morgan Adhesives Company has a corporate relationship with MACtac, which is a subsidiary of Bemis Company. It supplies adhesive products like tape. |
| Avery Dennison Corporation (AVY) | Avery Dennison Corporation produces pressure-sensitive materials, office products, tickets, tags, labels, and other converted products. |
| UPM Raflatac | UPM Raflatac supplies pressure sensitive labelstock and manufactures radio frequency identification tags and inlays. |