понедельник, 23 июня 2014 г.
The STB further found that the defendants fare increases demonstrated actual evidence of competitive
The settlement agreement also provides rental car in malaga spain that the class plaintiffs counsel may choose to submit an application to the court for distributions to them from the gross settlement fund for an award of attorneys fees or reimbursement of expenses incurred rental car in malaga spain in connection with prosecuting the action.
The distribution plan will allocate up to $20 as a recovery for each class member s qualifying ticket purchase, reduced on a pro rata basis if the submitted claims exceed the net settlement fund, the settlement document states.
The class members claim the joint venture, as well as other actions, violated the antitrust laws in a manner that caused consumers to pay an overcharge of $5 or more per ticket for the defendants hop-on, hop-off tours, according rental car in malaga spain to the complaint, which was filed Jan. 31, 2013, in the U.S. District Court for the Southern District of New York.
The Attorney General s Office immediately sought to investigate the formation rental car in malaga spain of the joint venture, but the defendants staved off the antitrust investigation by belatedly rental car in malaga spain applying to the Surface Transportation Board for approval of the Twin America transaction, according to the suit.
Such approval, if granted, would confer antitrust immunity, the complaint stated. The STB rejected defendants application, finding that the formation of Twin America created an entity rental car in malaga spain that dominates the market in which it competes and has the ability to raise rates or reduce service without sufficient competitive restraints.
The STB further found that the defendants fare increases demonstrated actual evidence of competitive harm and found that the defendants various explanations for the increased fares were all undercut by the record.
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