Law360, New York ( February 25, 2013, 12:30 PM EST) -- In Bell Atlantic Corp. v. Twombly, 550 U.S. 544 (2007), the U.S. Supreme Court raised the federal pleading standard, holding that a complaint must allege sufficient facts to demonstrate that a claim is "plausible on its face."[1] In the wake of this decision, there was a great deal of speculation about the effect of Twombly on Sherman Act litigation. Some pundits suggested this new pleading standard would prevent implausible allegations from unjustifiably draining a defendant's resources by allowing courts to dismiss baseless claims early....
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