Dispute in the cement and concrete markets – ongoing

Lear is assisting a major producer of cement and concrete in several damages claims brought by clients active at different levels of the supply chain. The actions for damages follow an investigation by the Italian Competition Authority which had found that companies in the market for cement had coordinated their pricing behaviour. Lear’s economists are developing analyses seeking to show that the practice did not result in an overcharge in any of the steps of the supply chain. In the context of several claims, Salvatore Nava is also acting as the party’s economic expert to work along the court appointed expert to revise the damage quantification.