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Railroad Conspiracy Case Has Picked Up Steam


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#1 CNJRoss

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Posted 01 March 2015 - 06:16 AM

Courthouse News Service, 2/26:

 
Railroad Conspiracy Case Has Picked Up Steam

      WASHINGTON (CN) - A group of mining companies can advance an antitrust suit against two railroad companies over allegedly exorbitant freight rates, a federal judge ruled.

    

     Six subsidiaries of the Oxbow Group are behind the complaint, which accuses Union Pacific Railroad Co. and BNSF Railway Co. of fixing competitive prices through a fuel surcharge and dividing the markets between themselves.

 

     Though U.S. District Judge Paul Friedman dismissed the original complaint, he found Tuesday that the substantial revisions to the allegations cured the earlier errors.

    

     Along with the conspiracy not-to-compete and the fuel surcharge conspiracy claims, Oxbow also alleges that the two railroad companies' conspiring gave Union Pacific a monopoly in at least one region.

 

 

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