A class action lawsuit has been filed against major US packaging companies, alleging illegal price-fixing practices in the containerboard market. The lawsuit, filed by Artuso Pastry Foods Corp. in the US District Court for the Northern District of Illinois, claims that companies like Packaging Corporation of America, International Paper Company, and Smurfit WestRock plc colluded to artificially inflate prices for containerboard and packaging products in violation of federal antitrust law.

David Flitman, former CEO of Builders FirstSource and US Foods, has been appointed to Avery Dennison's Board of Directors. Flitman, 61, brings extensive CEO experience and food industry expertise to the board. Avery Dennison, a global materials science company based in Mentor, Ohio, welcomed Flitman to its board, citing his leadership skills and alignment with the company's growth opportunities.

A class-action antitrust lawsuit alleges containerboard manufacturers, including Cascades, Georgia-Pacific, and Smurfit Westrock, have engaged in price fixing and collusion to inflate prices over decades, with recent price hikes allegedly driven by anticompetitive behavior. The lawsuit, filed by Artuso Pastry Foods Corp., seeks treble damages and injunctive relief against defendants accused of manipulating market prices through industry consolidation and coordinated pricing strategies.

A federal antitrust lawsuit has been filed against major packaging manufacturers, including International Paper and Georgia-Pacific, alleging they colluded to inflate containerboard prices, which are used in products like cardboard boxes. The lawsuit, certified as a class action, seeks to represent hundreds of thousands of businesses affected by the price hikes.

Avery Dennison has appointed David Flitman as a director to its board, leveraging his CEO experience at US Foods Holding Corporation and expertise in the food industry. The move aligns with Avery Dennison's strategic focus on food industry growth.