U.S. Appeals Court Rules Against Stora Enso
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NEW YORK—A federal appeals court here ruled that Stora Enso North America must face a civil antitrust suit brought by its customers, Bloomberg reported. The ruling reverses a trial judge's dismissal of the case.
According to the U.S. Court of Appeals, a jury could potentially find that the firm, now owned by NewPage Corp., conspired to fix prices. The decision regarding Stora Enso's former Helsinki-based parent company, Stora Enso Oyj, which was thrown out by the lower court for a lack of evidence, was affirmed by the appeals court.
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