01 DECEMBER 2016<a href= http://www.reuters.com/article/aluminum-decision-idUSL1N1DV2DP='_blank'> Reuters </a>
U.S. judge throws out Kodak, Fujifilm aluminum price-fixing cases
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<p>A U.S. judge on Wednesday threw out the last vestiges of private litigation over alleged aluminum price-fixing, dismissing lawsuits by Eastman Kodak Co, Fujifilm Holdings Corp, Reynolds Consumer Products and three other plaintiffs.<br /><br />U.S. District Judge Katherine Forrest in Manhattan on Oct. 5 dismissed nationwide litigation in which purchasers accused Goldman Sachs Group Inc, JPMorgan Chase & Co, mining company Glencore Plc and others of conspiring from 2009 to 2012 to boost prices by reducing supply.</p>
<p><strong>{googleAdsense}</strong><br /><br />Forrest later agreed that the other six plaintiffs were entitled to have their claims considered separately because they had filed their own lawsuits.<br /><br />But she said those claims must also fail because there was no proof that the defendants engaged in anticompetitive conduct outside the aluminum warehouse services market.<br /><br />"The court accepts that plaintiffs here paid higher prices as a result of the alleged conduct," she wrote. "That is not enough. [The] plaintiffs needed to be injured in the warehouse services or warrant trading markets that were allegedly being directly manipulated."</p>
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