The U.S. Supreme Court today upheld the district court’s dismissal of a complaint that alleged, under section 1 of the Sherman Act, "parallel conduct unfavorable to competition" but failed to provide "some factual context suggesting agreement, as distinct from identical, independent action." Bell Atlantic Corp. v. Twombly, No. 05-1126 (U.S. May 21, 2007).
Barry Barnett
