Judge Tosses Coin Graders' EBay Antitrust Suit

Law360, New York (January 10, 2012, 12:49 PM EST) -- A California federal judge on Monday dismissed a putative class action alleging eBay Inc. schemed to raise the value of certified coins in the online auction market by restricting it to coins graded by a handful of authorized coin graders.

U.S. District Judge Ronald M. Whyte dismissed with prejudice the fourth amended complaint lodged against the Internet auction giant by coin grader Universal Grading Service, its president and a pair of independent coin dealers. The judge said the suit could not be saved by further amendments....
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