 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
Consumers are harmed when multinational corporations conspire to manipulate competition among themselves. Gancedo & Nieves works hand-in-hand with Attorneys General throughout the nation to rectify competitive abuses. We represented consumers in such an action against
the world's larger retailer, Toys "R" Us. This case resulted in
a settlement valued in excess of $50 million to consumers. Gancedo
& Nieves also represents the interest of purchasers in ongoing class
action litigation against the five largest U.S. distributors of
recorded music for alleged price fixing. Our suit on behalf of consumers
alleges that five major distributors conspired to raise, fix and
maintain artificially high prices in violation of the Federal Sherman
Antitrust Act. The FTC estimates that U.S. consumers may have paid
as much as $480 million more than they should have for CDs and other
recorded music.
|
