Telecom Antitrust Suit results in New Restrictions on Class Action Suits

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Telecom Antitrust Suit results in New Restrictions on Class Action Suits

05-23-2007, 09:03 AM,

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mandy Offline

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Telecom Antitrust Suit results in New Restrictions on Class Action Suits

Quote:A lawsuit that began as a quest to reimburse customers for alleged collusion among telecom providers to lock upstart companies out of the market and keep prices high has ended with new restrictions on how such class action suits can be brought into court...

The Supreme Court has ruled in favor of several telecom companies who were defendants in a class action lawsuit that accused them of conspiring to restrict competition and keep prices high. The 7-2 ruling is likely to have repercussions beyond this particular case, making it more difficult for plaintiffs to bring antitrust suits to trial...

full article: http://ecommercetimes.com/story/Jy8qDh9i...uits.xhtml

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