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U.S. Court of Appeals: Second Circuit - Astra Media Group v Clear Channel Taxi Media

( February 16, 2011, 15:34 GMT | Official Statement) -- MLex Summary: The Second Circuit of the US Court of Appeal has affirmed the decision of the US District Court to dismiss Astra Media Group's antitrust claim against Clear Channel in relation to allegations of predatory pricing. In the summary order, the Court of Appeal found that assertions by the plaintiff against the defendant's decision to charge below 170 US dollars per taxicab per month were insufficient to support a predatory pricing claim because it failed to prove that the prices complained of were representative of the standard industry cost....

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