Applied Medical Prevails in Antitrust Jury Trial Against Medtronic
7 Articles
7 Articles
Medtronic Ordered to Pay Applied Medical $382M - Orange County Business Journal
Medtronic has been ordered by a California federal jury today to pay nearly $382 million to rival medical device maker Applied Medical. Rancho Santa Margarita-based Applied Medical in 2023 sued Medtronic over trying to maintain a monopoly in the advanced bipolar devices market. In the suit, Applied Medical alleged that Medtronic “conspired to bundle,” or selling several products together at a discount, in a way that was “unhealthy for competitio…
Applied Medical Prevails in Antitrust Jury Trial Against Medtronic
Medtronic Faces $381M Antitrust Claim Over Alleged “War Games” Blocking Competitor Applied Medical
A California federal jury heard closing arguments Wednesday in a high-profile antitrust case as Applied Medical accused Medtronic of using illegal tactics to maintain a monopoly in the advanced bipolar medical device market. Applied claims internal Medtronic documents show the company executed “war games” aimed at blocking Applied’s products and should pay damages of up to $381 million. During the trial, Joseph Re of Knobbe Martens highlighted i…
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