Ninth Circuit Tosses Case Over Electricity Rates

Law360, New York (November 20, 2007, 12:00 AM EST) -- A federal appeals court panel on Tuesday affirmed the dismissal of a lawsuit brought by chemical manufacturer Wah Chang against a slew of energy companies for alleged price manipulation during the 2000-2001 Western energy crisis.

In a 2-1 decision, the U.S. Court of Appeals for the Ninth Circuit said antitrust law may not be used to invalidate a filed rate, and that it is obligated to turn away all electricity purchasers who attempt to bring such actions.

It added that price increases during the energy crisis...
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