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Chinese Vitamin C Makers Seek To Vacate, Reduce $153.3M Judgment

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NEW YORK - Chinese vitamin C manufacturers on April 11 moved to reduce by $22.5 million a $253.3 million damages award in favor of a direct purchaser class on its allegations that Chinese corporations participated in an illegal cartel to fix prices and limit supply for exports of vitamin C to the United States (In re Vitamin C Antitrust Litigation $(Animal Science Products, Inc., et al. v. Hebei Welcome Pharmaceutical Co. Ltd., et al.$), No. 06-md-1738, No. 05-cv-0453, E.D. N.Y.; See March 2013)...(read more)

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