11:37 AM EDT, 10/07/2024 (MT Newswires) -- The US Supreme Court rejected a petition by Living Essentials to review a ruling by the US Court of Appels for the Ninth Circuit that revived antitrust claims against the drink maker for favoring Costco Wholesale ( COST ) on wholesale pricing, Bloomberg reported Monday.

Living Essentials, the maker of 5-Hour Energy drinks, asked the Supreme Court in April to review the decision to reverse a district court ruling that the company's discounts for Costo weren't illegal price discrimination against other wholesalers.

Living Essentials and Costco didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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