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Supreme Court Makes It Harder for Private Plaintiffs to Sue Companies for Antitrust Violations
Private plaintiffs may be deterred from filing long-shot antitrust claims against big corporations because of a major Supreme Court ruling issued Monday. In , 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.