Law360, New York (August 3, 2012, 11:08 PM EDT) -- An Illinois federal judge on Friday allowed some antitrust claims against the Chicago Board of Trade and Chicago Mercantile Exchange Inc. to proceed in a dispute accusing them of conspiring to prevent U.S. Futures Exchange LLC from creating a competing exchange.
U.S. District Judge James B. Zagel rejected CME's argument that USFE cannot show injury from the alleged anti-competitive conduct when “trading is up and fees are down” in the commodities market, according to his order.
“It does not take a world renowned economist to spot...
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