Wabtec and Progress Rail said today that they have reached a settlement in the antitrust case that Progress Rail brought against Wabtec in 2023. In the suit, Progress Rail argued that its larger rival ...
Wabtec and Progress Rail settle a lawsuit alleging anti-competitive behavior in the rail locomotive market. The post Wabtec, Progress Rail settle anti-trust lawsuit appeared first on FreightWaves.
Wabtec, formally Westinghouse Air Brake Technologies (NYSE:WAB), and Progress Rail have reached a settlement in a significant legal dispute tied to their locomotive and components business. The ...
PITTSBURGH--(BUSINESS WIRE)-- The United States District Court for the District of Delaware has dismissed all antitrust claims filed in a lawsuit challenging the merger between Wabtec (WAB) and GE ...
A settlement has been reached in the lawsuit filed by Progress Rail, alleging that Wabtec has abused its dominant position in the US locomotive market.