G&E represented a group of subscribers of Blue Cross Blue Shield (BCBS) plans that sought to enjoin an ongoing conspiracy in violation of the Sherman Act involving Blue Cross Blue Shield of America (BCBSA) and the thirty-seven other BCBS health plans. In addition, the plaintiffs sought to recover damages in the form of inflated premiums that the BCBS plans had charged as a result of this illegal conspiracy, and as a result of the anticompetitive conduct they had taken in their illegal efforts to establish and maintain monopoly power throughout the regions in which they operate. The settlement is one of the largest monetary recoveries reached in an antitrust class action, and also incorporates sweeping injunctive relief from the defendants’ anti-competitive practices.
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