Sept 23 (Reuters) - Goodyear, Bridgestone ( BRDCF ) and four other
tire manufacturers have asked a U.S. judge to dismiss a trio of
class action lawsuits accusing them of conspiring to overcharge
consumers and businesses in the multibillion-dollar market for
replacement tires.
The companies, also including Continental, Michelin, Nokian and
Pirelli, said in an Ohio court filing on Friday that the
lawsuits failed to provide any evidence that they agreed to fix
tire prices for passenger cars, trucks and other vehicles.
The antitrust cases from consumers, automobile dealerships
and other purchasers were assigned in June to the federal court
in Akron, Ohio.
The plaintiffs' claims were first lodged in February on the
heels of a European Commission antitrust probe of some tire
makers in Europe. The commission is the antitrust enforcer in
the 27-country European Union.
Lawyers for the plaintiffs and spokespeople for Continental,
Michelin, Nokian, Goodyear, Pirelli and Bridgestone ( BRDCF ) either had
no immediate comment or did not immediately respond to requests
for one.
The lawsuits estimated sales last year for replacement tires
reached $57 billion in the United States.
The plaintiffs contend the alleged conspiracy drove up the
average price of replacement tires in the United States by 21.4%
between 2021 and 2023. The lawsuits seek class-action status for
buyers from early 2020 to the present.
The tire makers in their joint court filing called the
claims "far-fetched" and said the plaintiffs had attempted to
"create a conspiracy out of thin air" with no evidence
substantiating the lawsuits. They said their pricing decisions
reflected "rational and competitive behavior in a concentrated
market."
The companies said the existence of the European Commission
probe was "insufficient, as a matter of law, to infer an
unlawful agreement under U.S. federal and state law."
Chief Judge Sara Lioi in the Northern District of Ohio was
assigned in June to hear the cases.
The case is In Re: Passenger Vehicle Replacement Tires
Antitrust Litigation, U.S. District Court, Northern District of
Ohio, No. 5:24-md-03107-SL.
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