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NCJRS Abstract

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NCJ Number: 77777 Find in a Library
Title: Criminal Price Fixing Cases 1972-78 - Selected Data on the Potential for Filing and Reporting Class Action Litigation
Author(s): M K Block; S R Cort
Corporate Author: University of Arizona
School of Business and Admin
Ctr for Econometric Studies of the Justice System
United States
Date Published: Unknown
Page Count: 20
Sponsoring Agency: National Institute of Justice (NIJ)
Washington, DC 20531
National Institute of Justice/
Rockville, MD 20849
University of Arizona
Tucson, AZ 85721
US Dept of Justice NIJ Pub
Washington, DC 20531
Grant Number: 79-NI-AX-0071
Sale Source: National Institute of Justice/
NCJRS paper reproduction
Box 6000, Dept F
Rockville, MD 20849
United States of America
Document: PDF
Type: Statistics
Language: English
Country: United States of America
Annotation: Based on data provided by the Department of Justice and the Administrative Office of the U.S. Court, this report presents statistics on two groups of criminal price-fixing cases occurring between January 1972 and January 1979--those that had subsequent or parallel class actions files and those that did not.
Abstract: A table first summarizes all cases according to the following characteristics: percentage of nolo contenderes, average duration of criminal proceedings, average fine, average number of defendant firms, average annual sales volume, average population of geographical area served, sales per capita, and sales per charged firm. These characteristics are then tabulated for criminal price-fixing cases that were accompanied by filed or reported class action litigation. Finally, percentages of class actions and no class actions are provided for selected categories of plaintiffs and defendants. An analysis of the differences between price-fixing cases that are followed by class actions and those that are not concludes that cases against firms with high sales volume, sales per capita, and sales per charged firm tend to have class action lawsuits. Almost 70 percent of all defendants in class actions were classifed as manufacturers. The reporting of a class action seems to have a positive relationship to the size of the affected class. The appendixes list all defendants in criminal price-fixing cases between 1972 and 1978, along with the specific product involved, the year of the lawsuit, and whether or not a class action was filed or reported.
Index Term(s): Antitrust offenses; Class action lawsuits; Crime Statistics
Note: Technical Report no. PLE-6-80.
To cite this abstract, use the following link:
http://www.ncjrs.gov/App/publications/abstract.aspx?ID=77777

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