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Wednesday, June 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Price Fixing Alleged In Glass Industry

MANHATTAN (CN) - A class-action federal antitrust complaint accuses six corporations of fixing and manipulating the price of flat glass through bogus $300 per truckload "energy surcharges" since October 2000. Plaintiff Diversified Glass Services sued Pilkington North America, Nippon Sheet Glass, AGC Group, Asahi Glass Co., Saint-Gobain Corp., Saint-Gobain SA, and Guardian Glass Corp. It claims St. Gobain has admitted it participated in the "price fixing cartel" and has set aside 650 million Euros to pay for it.

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