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Antitrust Suit Over $25B Tobacco Deal Snuffed

Law360 (January 15, 2009, 12:00 AM EST) -- A district court judge has tossed a long-running lawsuit by two cigarette importers, Freedom Holdings Inc. and International Tobacco Partners Ltd., claiming that a $25 billion settlement between the big four tobacco makers and 46 states is anti-competitive.

Dismissing the case for the second time in seven years, Judge Alvin Hellerstein of the U.S. District Court for the Southern District of New York ruled Monday that the plaintiffs had failed to show that the 1998 settlement has restrained their ability to compete or that they have...
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