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Walmart, Energizer to face lawsuits over battery price violations, Reuters says

Walmart (WMT) and Energizer (ENR) have been ordered by U.S. District Judge P. Casey Pitts to face lawsuits by consumers and retailers accusing them of violating antitrust law by conspiring to raise prices of disposable batteries, Reuters’ Jonathan Stempel reports. The judge ruled that the three proposed class actions plausibly alleged that in exchange for preferred treatment at its stores, Walmart pressured Energizer to inflate wholesale battery prices and keep other retailers from undercutting it on price.

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