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[November 2004]
Cabot Receives Favourable Ruling in Tantalum Contract Dispute
Cabot Corporation (Boston, MA, USA) announced on 22 November 2004 that it
had received a favourable ruling from the United States District Court
granting its motion to dismiss a complaint filed against it by AVX. The
complaint alleged that Cabot violated the federal antitrust laws by tying
the purchase of one type of tantalum product by AVX to the purchase of other
types.Kennett Burnes, Chairman and CEO of Cabot Corp, said: "We are pleased to
have this matter behind us and look forward to continuing our ongoing
relationship with AVX as a valued customer".Throughout the litigation, AVX has continued to purchase product in
accordance with the terms of its supply agreement.
ENDS