**Allegations of Anticompetitive Conduct in the Vape Industry**
Several major companies in the vape industry are being accused of engaging in anticompetitive conduct that may have harmed direct purchasers of vape products.
The companies implicated in these allegations include: – Shenzhen Smoore Technology Co. Ltd. – Jupiter Research LLC – Greenlane Holdings, LLC – 3Win Corp. – CB Solutions, LLC, doing business as Canna Brand Solutions
These companies, which are supposed to be competitors in the vape distribution market, are alleged to have participated in a price-fixing conspiracy that artificially inflated the prices of vape products in the U.S. market. They are accused of agreeing not to compete on pricing or customer acquisition, leading to increased costs for businesses purchasing these products.
The alleged conduct includes:
Entering into written agreements to enforce minimum price restrictions and dividing the market to stifle competition.
Coordinating pricing strategies and customer allocations through secret communications and in-person meetings.
Enforcing compliance with the alleged scheme by monitoring sales and imposing financial penalties on violators.
Using litigation as a tactic to drive potential competitors out of the market.
**Who May Be Affected?**
Businesses and individuals who purchased vape products directly from any of these companies since November 16, 2016, may have overpaid due to these alleged anticompetitive practices.
**What You Can Do**
If these practices have impacted your business, you may have legal options to recover damages. The law firm of Sauder Schelkopf is currently investigating these allegations and offers confidential consultations.
For more information on this case and to explore potential claims, please contact Sauder Schelkopf today.
*This alert is for informational purposes and does not constitute legal advice.*
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We Want to Hear from You
Businesses and individuals who purchased vape products directly from any of these companies since November 16, 2016, may have overpaid due to these alleged anticompetitive practices.