Private plaintiffs may be deterred from filing long-shot antitrust claims against big corporations because of a major Supreme Court ruling issued Monday. In Bell Atlantic v. Twombly , the Court said "a bare assertion of conspiracy will not suffice" to get beyond the summary judgment stage in claims under �1 of the Sherman Act. The suit, filed on behalf of a class of local phone and Internet service subscribers, claimed that regional phone companies had agreed not to compete on each other's turf.
May 22, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Private plaintiffs may be deterred from filing long-shot antitrust claims against big corporations because of a major Supreme Court ruling issued Monday.
By a 7-2 vote in Bell Atlantic v. Twombly, the Court said “a bare assertion of conspiracy will not suffice” to get beyond the summary judgment stage in claims under �1 of the Sherman Act.
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