Understanding the PVC Pipe Antitrust Settlement: What You Need to Know
Overview of the PVC Pipe Antitrust Settlement
Recent developments in the In re PVC Pipe Antitrust Litigation case have raised critical questions for consumers and businesses alike who purchased PVC pipes from January 1, 2021, to May 16, 2025. A settlement has been reached in this class action lawsuit against Oil Price Information Service, LLC (OPIS), accused of conspiring to manipulate prices in violation of federal and state antitrust laws. This article will dive into what this all means for end users and potential class members.
What is the Antitrust Lawsuit About?
The lawsuit alleges that OPIS, along with other defendants, engaged in unlawful practices to fix, raise, and stabilize prices of PVC pipes sold in the United States. The actions reportedly aimed to artificially inflate prices, affecting numerous sectors reliant on these materials, including public water systems and energy suppliers.
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