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US DOJ Grand Jury Investigates Alleged Containerboard Price Fixing

Packaging Gateway · ·by G4L

SW
SW Smurfit WestRock plc
$44.19 +0.23%
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  1. 1The US Department of Justice is conducting a grand jury investigation into potential criminal price fixing within the containerboard market.
  2. 2Smurfit Westrock, International Paper, and Packaging Corporation of America received subpoenas related to Chicago federal court proceedings.
  3. 3Cascades stated that it received a subpoena regarding the investigation in September.

So what's the key point?

The US Department of Justice is investigating whether containerboard prices were secretly coordinated. Companies including Smurfit Westrock have been summoned to court to be investigated.

Source Packaging Gateway · View original ↗

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