DeKalb Tire Co. Inc. and Michelin North America Inc. have settled their four-year-old price discrimination lawsuit. The terms of the agreement are confidential, according to a Michelin spokesperson, although she did say Michelin acquired DeKalb for an undisclosed sum.
DeKalb, a four-store dealership based in Atlanta, Ga., sued Michelin for "discriminatory pricing" and providing "promotional services to DeKalb's competitors and funds for those services." Michelin claimed its pricing practices were legal and did not violate the Robinson-Patman Act.
Michelin's request for summary judgement was denied, however, and the U.S. District Court in Atlanta set a trial date for April 23.
"The terms of the agreement... resolve the dispute," says the Michelin spokesperson. DeKalb owner Ray Bennett could not be reached for comment.
