Civil Litigation
Mar. 11, 2024
Investors accuse farmers of collusion on land prices for Solano County city
A group of Silicon Valley investors are facing off against a group of farmers who refuse to sell their land to them. The farmers argue that the Sherman Antitrust Act does not apply to individual landowners’ sales of unique real property.
A growing body of recent cases have shown the potential of alleging Sherman Antitrust Act violations in property transactions. But this might be more difficult when a Goliath tries to use the signature federal antitrust law against a group of Davids.
That appeared to be the case when a group of billionaire Silicon Valley investors faced off in a federal courtroom last week against farmers who say they don’t want to sell them their land. A...
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