Supreme Court Hears Predatory-Bidding Case

Law360, New York (November 28, 2006, 12:00 AM EST) -- The U.S. Supreme Court heard arguments Tuesday in a predatory-bidding case that hinges on whether forest products company Weyerhaeuser Co. drove a smaller competitor out of business by paying too much for logs that Weyerhaeuser didn’t need.

The case is seen as important because of the way it could affect competition in markets for natural resources, agriculture and high-tech goods.

Weyerhaeuser appealed the case to the Supreme Court after the Ross-Simmons Hardwood Lumber Co. won an $80 million jury verdict that found the larger company had...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.