1. Northland vs. Ocean Spray antitrust settlement preserves co-op win.
- Subjects
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ACTIONS & defenses (Law) , *COMMERCIAL law , *UNFAIR competition , *ANTITRUST law , *TRADE regulation - Abstract
The article reports on a decision in antitrust litigation by Northland Cranberries Inc. against Ocean Spray Cranberries. As part of a larger business deal, Northland agreed to dismiss, with prejudice, its lawsuit alleging antitrust law violations on the part of Ocean Spray. This leaves in place the U.S. District Court opinion in the case holding the presence of foreign (Canadian) producers in Ocean Spray's membership does not strip the cooperative of its antitrust protection under the Capper-Volstead Act. In addition to ending the litigation, the deal provides that Ocean Spray will purchase all cranberry processing assets and the current inventory of unprocessed cranberries of Northland.
- Published
- 2004