Skip to main content

ArvinMeritor

(ARM)

sued

Eaton

(ETN) - Get Eaton Corp. Plc Report

in federal court, claiming antitrust violations.

TheStreet Recommends

The companies are seeking an injunction to prohibit Eaton from engaging in anticompetitive conduct in the markets for heavy-duty truck transmissions, ArvinMeritor said. The companies have also asked to award treble damages.

The suit alleges that Eaton has engaged in anticompetitive conduct in heavy-duty truck transmissions, and forced ZF Meritor to cease operations.

"Our customers chose to purchase transmissions from Eaton because we provided superior value, innovation and service," Eaton said in a statement, according to

MarketWatch

. "We will not be in a position to consider commenting further until we have read the lawsuit. We expect to vigorously defend our position."

This story was created through a joint venture between TheStreet.com and IRIS.