Case Details

Year Initiated/Committed

1992

Year Resolved

1992

Settlement Amount

$8 million

Court

U.S. District Court for the District of Maryland

Docket Number

S91-815

Lead State

FL, MD, NY

Participating States

AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

Defendant(s)

Mitsubishi Electronics Inc.

Case Description

Plaintiff States’ investigation found that at least during the year of 1988, Mitsubishi Electronics America Inc. (MELA) engaged in price fixing activities and entered into agreements with dealers to sell its products according to MELA’s pricing policies. The Plaintiff States alleged that MELA threatened to delay delivery of its products or threatened to terminate dealers for not complying with its pricing policies. In response, many dealers complied with the policies, thus establishing the conspiracy. In the resulting settlement, Mitsubishi was enjoined from efforts to fix, maintain or stabilize prices for five years. Mitsubishi also agreed to refrain from discriminating in delivery or coercing dealers into unlawful price agreements. Mitsubishi was also required to notify dealers that they were entitled to set prices independently. The settlement also included an $8 million dollar payment to Plaintiff States to reimburse qualified buyers and for administrative costs and attorneys fees.