A PYMNTS Company

US: Appeals court rejects Anderson News antitrust lawsuit

By  |  August 7, 2018

Former magazine distributor Anderson News failed to provide sufficient evidence that publishers and competing distributors illegally conspired to boycott its service, a federal appellate court has ruled, affirming the lower court’s opinion.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The 2nd US Circuit Court of Appeals agreed in an opinion published on Monday, August 6, with a lower-court judge in rejecting Anderson News’ claims.

    The Knoxville, Tennessee company argued publishers controlling 80% of the nation’s magazines conspired to drive it out of business. Anderson shut down in February 2009, laying off thousands of employees.

    The appeals court stated evidence presented by Anderson was “perhaps consistent with an unlawful conspiracy among defendants.” It cited the company’s decision to impose a “take-it-or-leave-it” surcharge on the industry as another plausible explanation for its demise.

    Full Content: Knox News

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.