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Goldman, JPMorgan, Glencore defeat US lawsuit over zinc prices

A US judge on Thursday dismissed a private antitrust lawsuit in which zinc purchasers accused affiliates of Goldman Sachs Group, JPMorgan Chase & Co and Glencore of conspiring to drive up the metal’s price. In an 87-page decision, US District Judge Katherine Forrest in Manhattan said purchasers failed to show that the defendants artificially inflated zinc prices by violating the Sherman Act, a federal antitrust law.