Eastman Kodak Co.'s Anti-Trust Suit

Eastman Kodak Co. is one of the dominant market share holders within the camera and other photography-related industries (supplies, film, et al), also referred to as the "consumer durables". The company was formally incorporated in 1901, however George Eastman founded the "original" company in 1880. George Eastman is often credited for the invention of roll film, and the first camera that was meant for the every-day consumer, the Kodak camera. Since its inception, the company has also boasted a number of other innovations including: the first video camera, the Kodachrome color slide film, the Instamatic camera series, and Disc cameras. In the 21^st century, since the company was facing more competition, it decided to divert its attention towards digital photography and supplies. The company, throughout its history, has been a major "player" in the photography industry.

According to reports disclosed in 2005, Eastman Kodak Co. employed approximately 51,000 full-time employees, with approximately 26,000 of those residing in the United States. However, in early 2007, Kodak decided to close some of their factories, which resulted in an employment base of only 40,900 worldwide. Eastman Kodak's corporate headquarters are based in Rochester, New York, and the CEO is Antonio M. Perez. Currently, the Eastman Kodak stock (EK) is trading at approximately $23.76 per share, while the company has a market value of $7 billion. As of the most recent financial report, Kodak had sales of $13.27 billion, a profit of negative $601 million, and total corporate assets of $14.32 billion.