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A federal judge has dismissed an antitrust suit challenging Jaguar Land Rover's ban on overseas resale of vehicles it sells to U.S. customers.

The suit was brought on behalf of U.S. owners of Jaguars and Land Rovers, and asserts that they could resell their vehicles in China or Russia for three or four times their cost here if not for a no-export policy the company imposes on new car buyers. The suit asserts that the vehicles' manufacturer requires its U.S. dealers to enforce the policy, and dealers that fail to do so are given a reduced allocation of vehicles.

But the complaint fails because the plaintiff did not establish a concerted action by the defendants that produced anti-competitive effects within the relevant product and geographic markets, U.S. District Judge William Martini of the District of New Jersey ruled Monday, dismissing the suit with prejudice.