General Motors of Canada, Ltd. has agreed to settle the ongoing antitrust lawsuit in the United States. The lawsuit alleges that vehicle manufacturers violated antitrust laws by conspiring with each other to prevent the export of vehicles from Canada to the United States when the Canadian dollar was trading at low values. Last week the California Superior Court approved a prelimary settlement in which GM will pay $20.15 million. Download preliminary court approval of GM settlement.
GM Agrees to Pay $20 Million to Settle Vehicle Export Lawsuit
This entry was posted in Industry News. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.



