By: Derek Hawkins//May 4, 2020//
7th Circuit Court of Appeals
Case Name: U.S. Futures Exchange, LLC, et al. v. Board of Trade of the City of Chicago, Inc., et al.
Case No.: 18-3558
Officials: MANION, KANNE, and BRENNAN, Circuit Judges.
Focus: Anti-trust Violation
This antitrust case comes to us from the commodities and futures marketplace. As USFE tells it, Defendants torpedoed its new futures exchange by delaying the regulatory approval process and enacting an internal rule that deprived the new exchange of liquidity. The real question is whether Defendants violated the antitrust laws in doing so. We hold they did not.
Affirmed