A federal judge on Monday dismissed a $50 million antitrust lawsuit claiming that Barbri Inc. colluded with law schools across the country to monopolize the bar exam-prep market aimed at foreign LL.M. students.

The decision by U.S. District Judge Katherine Polk Failla of the Southern District of New York called into question the “internal contradictions and conclusory assertions” of a 78-page amended complaint leveled by LLM Bar Exam, an upstart exam-prep company that said its business has been unfairly thwarted by Barbri and the schools.

Failla also said, in dismissing all of LLM Bar Exam's federal claims with prejudice, and its state-law causes of action without prejudice, that there was a “plain” reason why the law schools named as defendants, including Columbia, New York University and Harvard, treated LLM Bar Exam the way that they did over the years.