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Antitrust & Trade Reg.

Feb. 11, 2025

Holdouts in Silicon Valley-backed planned city want antitrust claims dismissed

Paul and William Dietrich, Solano County landowners, insist they never conspired to inflate prices and accuse Flannery Associates of using litigation as leverage to force a sale. Flannery, backed by tech billionaires, has spent over $800 million acquiring land to build a planned city but faces legal and political hurdles.

The final two defendants in an antitrust case brought by a group of wealthy Silicon Valley investors have asked a federal judge to dismiss the claims against them. Brothers Paul and William Dietrich say there is zero evidence linking them to communications in which other landowners colluded to ask for higher prices.

"They are the last two remaining Defendants because they do not and have never wanted to sell their Solano County property to Flannery Associates LLC," wrot...

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