Two California companies have agreed to a $2.4 million partial settlement of a class action accusing them of engaging in a decade-long conspiracy to corner the U.S. mesquite charcoal market and fix prices for the fuel source used by restaurants to flavor meat, poultry and fish.
On Oct. 24, two of the country’s largest mesquite charcoal suppliers—Lazzari Fuel Company, LLC, and California Charcoal and Firewood, Inc.—signed off on the preliminary deal with the three California restaurants that alleged the companies colluded to prop up the price of the charcoal, allocate customers and territories amongst them, follow a non-compete policy, and rig bids.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
