FTC, DOJ Urge High Ct. To Hear Predatory-Pricing Case

Law360, New York (May 31, 2006, 12:00 AM EDT) -- Joining forces, the Federal Trade Commission and the U.S. Department of Justice urged the U.S. Supreme Court in a joint amicus brief filed late last week to grant certiorari in a predatory pricing case the agencies say could have wide-ranging effects on the way antitrust laws define the standard between aggressive competition and anti-competitive behavior.

The case at issue, Weyerhaeuser Co. v. Ross-Simmons Hardwood Lumber Co., centers on the question of whether a company that allegedly purchased too much or paid too much for raw materials...
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