5th Circ. Tosses AT&T Predatory Pricing Injunction

Law360, New York (May 4, 2010, 1:29 PM EDT) -- A federal appeals court has thrown out a preliminary injunction barring AT&T Inc. from implementing a scheme of allegedly predatory pricing for wholesale telecommunications services, in a lawsuit brought by smaller telephone carriers worried the price structure would cut into their profits.

The U.S. District Court for the Northern District of Texas did not have subject matter jurisdiction to entertain the federal Telecommunications Act claims raised by Budget PrePay Inc. and other firms, a three-judge panel ruled in the U.S. Court of Appeals for the Fifth...
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