Energizer, Walmart sued for conspiring to raise battery prices, Reuters reports

Energizer (ENR) and Walmart (WMT) have been sued by consumers and retailers in three proposed class actions accusing them of conspiring to raise the prices of disposable batteries, Reuters’ Jonathan Stempel reports. According to complaints filed on Friday, Energizer agreed "under pressure from Walmart" to inflate wholesale battery prices for other retailers starting around January 2018, and require those retailers not to undercut Walmart on price. Reference Link