Monday, May 21, 2007

Telecom antitrust suit can't proceed: top court

(Reuters) - "We hold that such a complaint should be dismissed," Justice David Souter wrote for the court majority.




At issue is a class action lawsuit against Bell Atlantic, which contends that lack of competition for local telephone service and "parallel conduct" of the regional Bells were evidence of an antitrust conspiracy.


Read more at Reuters.com Mergers News

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