Oneida Sues Bidder Libbey

According to press reports (May/99) US-based Oneida Ltd, the world's largest maker of stainelss steel & silverplated flatware, said it has filed a lawsuit against rival glassware & tabletop manufacturer Libbey, alleging its distribution programme is anticompetitive. The lawsuit, filed in the US District Court (northern district of New York), came 2 days after Oneida rejected a US$500m unsolicited takeover bid from Libbey. In the past year, Oneida has tried to supply tabletop glassware to the food service industry as part of a straegy to be a "one-stop shopping" source for hospitality & leisure industry customers. Ohio-based Libbey is in the same business. The lawsuit challenges a "loyalty programme" in which distributors can receive certain cash payments from Libbey if they can demonstrate they have not purchased similar glassware from Libbey competitors.

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Journal Title
Glass Style 2/99 164-165
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N 678

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Oneida Sues Bidder Libbey
Glass Style 2/99 164-165
N 678
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