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The case concerned an illegal global price fixing and market-rigging cartel. It was alleged that multinational pharmaceutical companies BASF, Rhone-Poulenc/Aventis and Roche fixed the price of vitamins for animal nutrition and health during the 1990's.
The action
In 1999 Maurice Blackburn commenced a class action in the Federal Court against the 3 multinational companies, and their Asian and Australian subsidiaries. Over the next 6 years the case was hotly contested and was the subject of many important rulings by the Court.
Settlement
In October 2006 Justice Jessup of the Federal Court of Australia approved a landmark settlement which included $30.5M in compensation for affected business plus legal costs.
This is the first successfully concluded cartel class action in Australian legal history. Maurice Blackburn is proud to have helped businesses to recover monies lost to them through th
Australian leaders in class actions.
Our reputation for excellence in class actions is unparalleled, having recovered more than $5 billion for clients.
We are the only Australian class actions firm to deliver $100m+ settlements to clients in shareholder and listed securities actions, which we have done on ten occasions.
Lower cost to clients
Biggest recoveries
Most experienced
Australian leaders in class actions.
Our reputation for excellence in class actions is unparalleled, having recovered more than $5 billion for clients.
We're the only Australian class actions firm to deliver $100m+ settlements in multiple shareholder and listed securities actions, which we have done on 11 occasions.
Lower cost to clients
Biggest recoveries
Most experienced
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