Quick Summary of the Disposable Contacts Antitrust Litigation Johnson & Johnson Vision Care, Inc. (“JJVCI”) and Alcon Vision, LLC (“Alcon”) have agreed to a $75 Million contact lens class action settlement for a lawsuit that emerged after the manufacturers adopted some minimum retail price policies in June 2013 with regard to the distribution and sale of certain contact lenses. These policies were referred to as the “Unilateral Pricing Policies” (UPP) by the Defendants, and the class action lawsuit alleges the companies used the UPPs to restrain competition from discount and online stores on consumer prices in the retail market for…
Author: Delores
Delores
Delores is a single mother of a baby girl. She writes news as a part-time journalist for multiple news portals. She is an experienced journalist with a master's degree in Journalism. She covers all insurance verticals for The Cuintegrator.
