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Judge backs dismissal of ‘implausible’ Amazon, Big Five price-fixing suit

Just one week after a marathon hearing in a New York courtroom, a federal judge has recommended that a potential consumer class action lawsuit accusing Amazon and the Big Five publishers of a conspiracy to fix e-book prices be dismissed… from the outset of the case, lawyers for Amazon and the publishers have insisted the alleged conspiracy was “irrational” and “implausible” and that there was simply no evidence to suggest collusion of any kind. In a thoroughly reasoned 54-page report, issued August 3, magistrate judge Valerie Figueredo agreed.
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