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This article was originally published in The Gray Sheet

Executive Summary

Ophthalmic laser firm will pay about $37.8 mil. to settle antitrust class action suits relating to its Pillar Point joint venture with competitor Summit Autonomous (1"The Gray Sheet" July 13, 1998, p. 15). Alcon Labs' Summit unit also has settled under separate arrangements. Pillar Point was deemed anti-competitive by FTC, which alleged the firms were preventing competitors from entering the laser vision correction market by failing to license patents

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