Time Inc., Hearst Communications Inc., Rodale Inc., and other big magazine publishers won an antitrust appeal by wholesaler Anderson News LLC, which tried to push through a price hike and wound up shuttered, according to a decision unsealed Aug. 6.
The U.S. Court of Appeals for the Second Circuit agreed with a district court that Anderson News doesn’t have an antitrust case against the magazine giants because it has no evidence that they decided together to reject its strong-arm tactics rather than each deciding individually to refuse Anderson’s price increase. The court also declined to revive cross-claims from the publishers ...
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