Nestle infant formula antitrust suit ends with jury verdict for Abbott and AAP.
This article was originally published in The Tan Sheet
Executive Summary
NESTLE INFANT FORMULA ANTI-TRUST CHARGES AGAINST ABBOTT AND AAP DISMISSED by a jury in Los Angeles federal court on June 20. The jury found in favor of defendants Abbott Laboratories and the American Academy of Pediatrics, both charged by Nestle with conspiring to prevent the Swiss company from entering the U.S. infant formula market in the late 1980s. Nestle has marketed the Carnation line of infant formulas since 1988.