A Texas judge permits Retractable Technologies Inc. to proceed with a lawsuit accusing rival Becton Dickinson of false advertising and violations of antitrust laws. Becton Dickinson & Co. (NYSE:BDX) is headed to court next month to speak to allegations, brought by rival Retractable Technologies’ (NYSE:RVP), that it engaged in illegal in order to maintain a monopoly in the syringe business. A Texas federal judge dismissed Becton’s motion for summary judgment, ruling that there is sufficient evidence “suggesting that [Becton’s] contracts have anticompetitive effects,” Law360.com reported.
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