Business Services Industry
Lawsuit against Masco alleges predatory pricing.(News)(Wilson Insulation Group Inc. sues Masco Corp.)(Brief Article)
Crain's Detroit Business, March, 2003 by Strong, Michael
Byline: Michael Strong Wilson Insulation Group Inc. filed a lawsuit Wednesday accusing Taylor-based Masco Corp. of predatory pricing and monopolization in an attempt to drive Wilson out of the Augusta, Ga., market. The suit, which names Masco and its subsidiary Masco Contract Services of Daytona Beach, Fla., was filed in U.S.
District Court in Atlanta. Wilson is based in Atlanta. According to the complaint, Masco (NYSE: MAS) drove Wilson out of Augusta ``by cutting off sources of supply and charging prices below its own costs.'' The complaint further alleges that Masco threatened one major manufacturer that Masco would pull all of its business in one large state if the manufacturer continued to deal with Wilson in Augusta. On Wednesday, John Leekley,...
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