Legal Opinion

American Diamond Tool & Gauge, Inc. v. De Beers Consolidated Mines, Ltd.

District Court, S.D. New York

Decided November 1, 2000No. Nos. MDL-948 (WCC), 92 Civ. 5130(WCC), 94 Civ. 3809(WCC)PublishedCited by 3 opinions

1Opinion of the Court

OPINION AND ORDER

WILLIAM C. CONNER, Senior District Judge.

This antitrust class action charges a conspiracy between defendant General Electric Co. (“GE”) and defendants De Beers *419Consolidated Mines, Ltd. and De Beers Centenary, A.G. (collectively “De Beers”) to fix prices for industrial diamonds in violation of Section 1 of the Sherman Act, 15 U.S.C. § 15. It is now before the Court on an inquest to assess damages, pursuant to Fed.R.Civ.P. 55(b)(2), following a default by De Beers. For the reasons stated hereinafter, the Court finds that plaintiffs have thus far failed to prove their damages…

2Cases cited4 opinions

  1. Illinois Brick Co. v. IllinoisSupreme Court of the United States · 1977
  2. Credit Lyonnais Securities (Usa), Inc. v. Rafael Alcantara and Cavelba, S.A., Doing Business as Casa De Bolsa Rafael Alcantara V.Court of Appeals for the Second Circuit · 1999
  3. Trans World Airlines, Inc. v. Howard R. Hughes, and Hughes Tool Company and Raymond M. HollidayCourt of Appeals for the Second Circuit · 1971
  4. In re Industrial Diamonds Antitrust LitigationDistrict Court, S.D. New York · 1996

3Cited by3 opinions

  1. In Re Industrial Diamonds Antitrust LitigationDistrict Court, S.D. New York · 2000
  2. United States v. VilusDistrict Court, E.D. New York · 2005
  3. Weckel v. Jack Rugar Custom Painting, LLCDistrict Court, N.D. New York · 2020

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