Circuit Court Affirms Dismissal Of Challenge To Nestle Ice Cream Merger
Posted 09/19/11
The U.S. Court of Appeals for the First Circuit has
affirmed the dismissal of a claim that the 2003 merger between Nestlé S.A.’s subsidiary, Nestlé Puerto Rico (Nestlé PR), and ice cream distributer, Payco Foods Corp., violated the Sherman and Clayton Antitrust Acts.
The plaintiff in
Sterling Merch., Inc. v. Nestlé S.A. et al. is a distributer of ice cream in Puerto Rico. Nestlé S.A. manufactures ice cream...