JAMES R. BROWNING, Circuit Judge:
Plaintiffs are lodge operators and lodging referral services in a ski resort area in Southern California. They allege antitrust violations by other lodge operators and two ski resorts in the area, allegedly injuring Plaintiffs. The district court dismissed the complaint without leave to amend. We affirm in part and reverse in part.
I
Plaintiffs base their claims on the following allegations, which we accept as true...
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