Summary
noting that “whereas a seller in a market with low entry barriers could not raise its prices without the risk that a new seller would enter the market and offer the same product for a lower price, a competitor in a market with high entry barriers could raise its prices unfettered by the prospect of a new entrant into the market who would undercut prices”
Summary of this case from United States v. Am. Express Co.Opinion
No. 05-MD-1720 (JG) (JO).
May 14, 2008
ORDER
Having reviewed the objections to Magistrate Judge Orenstein's January 11, 2008 Report and Recommendation denying the defendants' motion to dismiss the individual merchant plaintiffs' claims under Section 2 of the Sherman Act and having found them to be without merit, I hereby adopt Magistrate Judge Orenstein's Report and Recommendation.
So ordered.