Second Circuit Won't Revive 'Auction Rate Securities' Conspiracy Case

In his Antitrust column, Elai Katz, a partner at Cahill Gordon & Reindell writes that other antitrust developments of note included a ruling by the U.S. Court of Appeals for the Ninth Circuit that plaintiffs who bought price-fixed goods outside the state could bring claims under California antitrust law because the alleged collusion took place in the state and the European Commission's decision to prohibit Ryanair's renewed proposal to acquire rival Irish airline Aer Lingus.

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