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Article: ArvinMeritor Wins Antitrust Lawsuit Against Eaton Corporation.
- Article from:
- Marketing Weekly News
- Article date:
- October 24, 2009
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ArvinMeritor, Inc. (NYSE: ARM) announced that a jury has ruled in favor of ZF Meritor LLC, a venture between ArvinMeritor and ZF Friedrichshafen AG, and Meritor Transmission Corporation, an ArvinMeritor company, in the companies' antitrust lawsuit against Eaton Corporation (NYSE:ETN). The jury found that Eaton engaged in exclusionary and anticompetitive conduct in the sale and marketing for heavy-duty truck transmissions. The case was tried in United States District Court for the District of Delaware.
ArvinMeritor's Chairman, CEO and President, Chip McClure, said, "We are elated that the jury recognized Eaton's wrongful conduct in violation of antitrust laws that ...