The U.S. Court of Appeals for the Second Circuit in New York. Photo: Ryland West/ALM 2nd Circuit Clarifies When 'Pay-for-Delay' Deals Are Legal in Tossing Antitrust Claims
The appeals court said the settlement payments in the underlying case represented fair value for goods or services in a commercial relationship, thus justified under the Supreme Court's decision in "Federal Trade Commission v. Actavis."
May 14, 2024 at 01:32 PM
3 minute read
Civil Appeals
The original version of this story was published on National Law Journal
The U.S. Court of Appeals for the Second Circuit on Monday upheld the dismissal of a lawsuit accusing several companies of violating antitrust laws by using "reverse" settlement payments to delay the market entry of a high-blood-pressure drug's generic versions.
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