Eaton Pays $500 Million to Meritor to End Antitrust Litigation

According to reports, Eaton recently reached a settlement with Meritor and will pay US$500 million to the latter to understand the 2006 anti-monopoly litigation, thus avoiding possible damages of up to US$2.4 billion.

In 2006, Meritor and its subsidiary ZFMeritor accused Eaton of violating the monopoly law. The jury in 2009 ruled that Eaton had obtained 90% of the US truck transmission market by providing exclusive operating contracts and kickbacks, which caused damage to Meritor.

The federal court in Wilmington, United States, was originally scheduled to hear the case a few days ago. Meritor had planned to seek damages of US$800 million in the courtroom. According to the US anti-monopoly law, the above amount of compensation will be granted once it is passed in court. It will automatically double to $2.4 billion.

Meritor and Eaton reached a $500 million settlement on the eve of the opening of the trial. Meritor is expected to receive $209 million on July 15 and plans to use the funds to pay for US and UK pension plans.

LEEMIN Filters Replacement

high pressure pipeline Oil Filter, paper filter, flip plate filter, water ethylene glycol filter, flange type oil filter, filter element, return oil filter, filter manufacturer, filter price.
(Link mode :P tube type, FP flange, BP plate, BDP flip plate, DLP flip pipe type, DFP flip flange type, etc.)ZU-H pressure pipeline oil filter is installed on the pressure pipe of the hydraulic system to filter out the mechanical impurities mixed in the hydraulic oil and the glue, asphaltene, carbon slag produced by the chemical change of the hydraulic oil itself. Thus to prevent the valve core stuck, orifice gap and damping hole blockage and hydraulic components too fast wear and other failures. ZU-H filter has good filtering effect and high precision, but it is difficult to clean after plugging, and the filter element must be replaced. The ZU-H filter is equipped with a pressure difference signaling device. When the filter element is polluted and blocked until the pressure difference of the inlet and outlet is 0.35MPa, the switch signal is issued, and the filter element is replaced at this time to achieve the purpose of protecting the system safety.
The filter element of ZU-H filter is made of glass fiber filter material, which has the advantages of high filtration accuracy, large oil flow capacity, small original pressure loss, large pollution absorption, etc. Its filtration accuracy is calibrated by filtration accuracy, filtration ratio B3, β5, B10, β20>200, filtration efficiency n≥99.5%. The evaluation methods were IS016889-99 and GB/T18853-2002. Service life: the life of the ZU-H pipeline filter itself is not fixed, its use is very related to the cleaning of the filter, and the quality also has a lot to do with it. If you use too many environmental impurities, then the filter is more likely to inhale unclean gas, which increases the working pressure of the filter, and too much impurities will soon clog the filter element. However, do not insist on using when you find that the filter element is blocked and damaged, because fine particles of impurities will enter the lubricating oil of the system and accelerate the oxidation of the lubricating oil.

duplex pressure filter,, low pressure filter, in-tank return filter

Xinxiang Zhike Machinery Equipment Co.Ltd , https://www.zkwaterfilter.com