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PAPER SYSTEMS INC. v. NIPPON PAPER INDUSTRIES CO.

No. 01-2925.

281 F.3d 629 (2002)

PAPER SYSTEMS INCORPORATED, Graphic Controls Corp., and Victor Paper Roll Products, Inc., Plaintiffs-Appellants, v. NIPPON PAPER INDUSTRIES CO., LTD., Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided February 6, 2002.

Attorney(s) appearing for the Case

Daniel A. Small (argued), Cohen, Milstein, Hausfeld & Toll, Washington, DC, for Plaintiffs-Appellants.

Goodwin Liu, Ian T. Simmons (argued), O'Melveny & Myers, Washington, DC, for Defendant-Appellee.

Before FLAUM, Chief Judge, and BAUER and EASTERBROOK, Circuit Judges.

EASTERBROOK, Circuit Judge.

Five manufacturers of thermal facsimile paper — a product now obsolete — are accused in this class action of conspiring to reduce output and raise price in this business from 1990 to 1992. The paper business has a long history of cartelization; criminal prosecutions and civil antitrust actions are depressingly common. In 1995 the Department of Justice brought a criminal prosecution against the major producers of thermal fax...

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