SCOTUS Throws Out Price-Fixing Suit

Gasoline distributors filed suit against ChevronTexaco Corp. and Shell Oil Co. claiming that they violated antitrust laws by inflating gas prices by at least $1 billion. The San Francisco-based 9th Circuit U.S. Court of Appeals ruled that there was evidence that ChevronTexaco and Shell had improperly restrained trade. Supreme Court Justices unanimously ruled that the gas distributors had not proved their case and threw out the lawsuit.

I have no interest in the lawsuit itself. I just wanted to make note that the 9th Circuit U.S. Court was overruled. Call it schadenfreude. I derive pleasure out of seeing the 9th Circuit being told to stuff it.