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Randal Picker, May 24, 2007
This piece was originally published on the University of Chicago Law School Faculty Blog, reprinted here with the permission of the author. The original post, and comments thereto, may be found here.
Today, in a 7-2 opinion, in Bell Atlantic v. Twombly, the Supreme Court ruled that the mere assertion in a complaint of an underlying agreement violating Section 1 of the Sherman act was insufficient to wit
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