Faire Wholesale Inc. prevailed in an antitrust suit accusing it of monopolizing the market for online wholesale platforms and blocking a key rival from competition.
Judge Araceli Martínez-Olguín of the US District Court for the Northern District of California on Tuesday granted Faire’s motion to dismiss, saying plaintiff Tundra Inc. failed to sufficiently define a relevant market to support its antitrust claims.
Tundra claimed San Francisco-based Faire blocked it from competing in the market, which Tundra defined as “online wholesale marketplaces that connect local retailers throughout the US with new or emerging domestic brands.”
Tundra’s market definition is flawed because ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.