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Unformatted text preview: discrepancy was that Brooke Group v. Williamson Tobacco Corp. dealt strictly with predatory pricing where as Weyerhaeuser was also being accused of predatory bidding. Both the District Court and the Appellate Court dismissed Weyerhaeusers argument and granted Ross-Simmons $79 million in compensation. Weyerhaeuser appealed to the United States Supreme Court. Issue: Does the plaintiff, Ross-Simmons, have to prove that Weyerhaeuser was operating at a loss in regards to its predatory bidding Holding: Yes Reasoning: The predatory pricing of a monopoly and the predatory bidding of a monopsony are simply mirror images of one another, and because they have such similarly economic ef-fects, Brooke Group v. Williamson Tobacco Corp. was revised to include predatory bidding. Predatory pricing schemes are high risk-high reward economic plans that, for the most part, are the very essence of competition....
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- Spring '08
- Business Law