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Vanderbilt Economist Helps Sway Supreme Court to Overturn Telecom Antitrust Lawsuit.
AScribe Business & Economics News Service, May, 2007
Byline: Vanderbilt University
NASHVILLE, Tenn., May 22 (AScribe Newswire) -- The Supreme Court followed the advice of a Vanderbilt University professor and 25 other top antitrust economists and overturned the decision made by the Second Circuit Court of Appeals on the telecom antitrust lawsuit Bell Atlantic Corp. v. Twombly.
On Monday, the Supreme Court ruled that an antitrust suit filed under the Sherman Act cannot proceed without specific allegations showing that defendants participated in a conspiracy.
Luke Froeb, the William C. and Margaret W. Oehmig Associate Professor in Entrepreneurship and Free Enterprise at the Vanderbilt Owen Graduate School of Management and a group of economists filed an amicus brief with the Supreme Court arguing...
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