October 23, 2024
Pacific Steel Group’s counsel told a California federal jury during trial openings Tuesday that Texas rebar giant Commercial Metals Co. used anticompetitive tactics to “crush” competition and drive up rebar prices in the Golden State, while CMC’s counsel said evidence will show PSG can only blame itself for its problems.
The parties’ opening statements kicked off a jury trial in Oakland, California, that is expected to last through Nov. 1 in a high-stakes antitrust lawsuit that the San Diego-based steel fabricator first launched in October 2020.
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Pacific Steel Group is represented by William C. Price of Quinn Emanuel Urquhart & Sullivan LLP, and Benjamin D. Brown, Daniel McCuaig, Nathaniel D. Regenold and Daniel A. Small of Cohen Milstein Sellers & Toll PLLC.
Read Texas Rebar Giant Accused Of Crushing Rivals As Trial Opens.