Antitrust Collusion & Sponsor Liability: Packaged Seafood Ruling Is Latest In Emerging Trend
A recent decision in In re Packaged Seafood Products Antitrust Litigation is forcing a private equity firm to stand trial on whether it participated in a portfolio company’s conspiracy in violation of federal antitrust law. The decision is the latest development suggesting that antitrust authorities and private plaintiffs continue to look for ways to hold sponsors, like private equity firms and other investors, liable for potential competition infringements by their portfolio companies.