On Jan. 22, 2015 federal judge signed off on a revised $35.5 million class-action settlement, resolving claims against Toys "R" Us. More than 1.1 million claims will be paid to consumers.
The complaint claims Toys "R" Us and several baby product manufacturers violated provisions of the Sherman Antitrust Act by conspiring to inflate prices of high-end baby products, including car seats, strollers, high chairs, crib bedding, breast pumps and infant carriers. The suit asked the court to end what it claims are anti-competitive activities and seeks damages caused by the company's actions.
CASE TIMELINE
On Jan. 22, 2015 federal judge signed off on a revised $35.5 million class-action settlement, resolving claims against Toys R Us. More than 1.1 million claims will be paid to consumers.