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10-8037 In re: Text Messaging Antitrust Litigation

Antitrust Sufficiency of the complaint Where an antitrust complaint alleges that four competitors with 90 percent of the market raised prices, despite falling costs, the complaint states a claim for relief. "The complaint also alleges that in the face of steeply falling costs, the defendants increased their prices. This is anomalous behavior because falling costs increase a seller's ...

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