DC Circ. Axes Class Cert. In Railroads Antitrust Case

Law360, New York (August 9, 2013, 3:38 PM EDT) -- The D.C. Circuit on Friday tossed a district court's certification of a massive class of rail shippers alleging a price-fixing scheme among the nation's top railroad freight companies, citing a recent U.S. Supreme Court decision that raised the standard for showing antitrust damages in class actions.

In a unanimous opinion, the three-judge panel called into question the validity of the shippers' model proving that they were damaged by the freight companies' price fixing scheme, finding that the high court's March opinion in the Comcast Corp. v....
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