Avery

WASHINGTON, DC—Several of the major label stock vendors are reportedly under investigation for price fixing by the U.S. Department of Justice (DOJ). Under investigation are Avery Dennison, Bemis, Morgan Adhesives (MACtac), Raflatac and UPM-Kymmene. The DOJ is trying to determine if the companies raised, fixed and maintained the prices of self-adhesive label stock from January 1, 1999, to the present. News of the investigation and suit began back in April when Avery announced that the DOJ had begun a criminal investigation into competitive prices in the label stock industry and would shortly subpoena the company in connection with that investigation. Bemis followed Avery and announced that