UAL-Continental Antitrust Case Lacks Facts, 9th Circ. Says

Law360, San Francisco (January 16, 2014, 9:16 PM EST) -- The Ninth Circuit on Thursday refused to revive an antitrust class action over the $3 billion merger between United Air Lines Inc. and Continental Airlines Inc., saying the appellants had failed to back their argument that the lower court should have considered how the merger would affect flight supply.

The appeals panel found that the plaintiffs, led by Michael Malaney, had failed to offer specific, plausible theories describing how cross-elasticity of supply — in which driving up prices in one area drives down supply in another...
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