Astra Asks 2nd Circ. To Revive Taxi Ad Antitrust Suit

Law360, New York (October 29, 2010, 2:35 PM EDT) -- Astra Media Group LLC has asked an appeals court to overturn the dismissal of its lawsuit accusing Clear Channel Taxi Media LLC of trying to set up a monopoly on taxi rooftop advertising, saying a lower court improperly refused to hold discovery and set too high a standard for antitrust claims.

In a brief filed Wednesday in the U.S. Court of Appeals for the Second Circuit, Astra said the U.S. District Court for the Southern District of New York should have conducted discovery because it based...
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.