GE Motion to Dismiss Denied by U.S. District Court
FORT SMITH, Ark., Aug. 23 /PRNewswire/ -- Mitsubishi Heavy Industries, Ltd. and Mitsubishi Power Systems Americas, Inc. were informed today that the U.S. District Court's Western District of Arkansas has denied a motion by General Electric Company (GE) to dismiss Mitsubishi's litigation that charges GE with seeking to monopolize the market for variable speed wind turbines in the United States.
Mitsubishi Power Systems Americas spokeswoman, Sonia Williams, stated, "The judge's denial of GE's motion will ensure that a judge will hear the facts of a case that describes how GE seeks to monopolize the market for variable speed wind turbines in the United States.
"The judge did decide to stay discovery for the present. Nevertheless, we are heartened by his suggestion that he may terminate the stay if he finds appropriate circumstances."
In the complaint filed in the U.S. District Court's Western District of Arkansas this summer, Mitsubishi alleges that after Mitsubishi gained a foothold in the United States market in 2006, GE embarked on an unlawful anticompetitive scheme to drive Mitsubishi suppliers out of the U.S. market.
SOURCE Mitsubishi Heavy Industries, Ltd.; Mitsubishi Power Systems Americas, Inc.
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