Capacitor Price Fixing Anti-Competition National Class Action
QC Aug 06, 2014 [en]
Motion for Authorization
CONSUMER LAW GROUP has launched a Canada-wide class action lawsuit against Panasonic, Sanyo, Taiyo Yuden, NEC Tokin, Kemet Electronics, Matsuo Electronics, Toshin Kogyo, Vishay Intertechnology, Nichicon Corporation, Nippon Chemi-Con, Hitachi Chemical, Rubycon, Elna, TDK-EPC, AVX Corporation, Samsung Electro-Mechanics, and Rohm on behalf of all purchasers of aluminum, tantalum and/or film capacitors (a “Capacitor”) and/or a Capacitor Product containing a Capacitor.
“Capacitor(s)” are electronic components that are primarily used to store an electrical charge and serve as a fundamental component of electrical circuits. Virtually every electrical circuit contains one or more capacitors.
“Capacitor Products” are products containing an aluminum, tantalum and/or film capacitor when purchased. These multifarious products (containing electrical circuits and thus, Capacitors) are present in virtually all electronics - they range from the cheapest household appliances to personal computers to multi-million dollar machinery and vehicles.
For decades, the Respondents have been the world’s leading manufacturers and direct competitors within the global Capacitors industry and they have been using this monopolistic power to unlawfully fix, raise, maintain and/or to stabilize prices of Capacitors and/or to reduce their market availability without adequate justification.
By reason of this anti-competitive and unlawful conduct, the Petitioner and the members of the class have paid artificially inflated prices for Capacitors and/or Capacitor Products than they would have paid in a competitive market, causing damages upon which they wish to claim.
The class action lawsuit identifies the group of affected persons as:
All residents in Canada who purchased either an aluminum, tantalum and/or film capacitor (a “Capacitor”) manufactured by a Respondent and/or a Capacitor Product containing a Capacitor manufactured by a Respondent, or from any predecessors, parents, subsidiaries, agents or affiliates thereof, at any time between January 1, 2005 and the present (the “Class Period”), or any other group to be determined by the Court.
If you or someone you know bought a Capacitor or a Capacitor Product and you wish more information on potential compensation or to be kept advised of the status of the Capacitor Price Fixing Anti-Competition Class Action litigation or any resulting compensation from the Capacitor Price Fixing Antitrust Lawsuit in Canada or Quebec, please provide your contact information to our law firm using the below form.
IF YOU WISH TO JOIN THE CLASS ACTION OR TO SIMPLY GET MORE INFORMATION, PLEASE COMPLETE THE FORM BELOW. Please note that providing your information creates no financial obligation for you. You are not charged any fee or cost for joining this class action. Our law firm is paid a contingency fee from the compensation recovered, only if the class action is successful. All information contained in this transmission is confidential and Consumer Law Group agrees to protect this information against unauthorized use, publication or disclosure.