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A.D. Bedell Wholesale Co., a tobacco wholesaler, claims that a 1998 tobacco settlement with states and the qualifying statutes called for by the agreement create an output cartel that imposes draconian monetary penalties for increasing cigarette production, and effectively bars new entry into the market. After losing an antitrust challenge to the settlement, Bedell is now taking its case to the U.S. Supreme Court.
October 30, 2001 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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