Plaintiffs’ attorneys on Wednesday packed a Brooklyn federal courtroom in opposing bids to take the lead as class counsel in marathon antitrust litigation targeting Visa and MasterCard, in the wake of the Second Circuit’s rebuke of a $7.25 billion settlement over interchange fees.
Ameren Services Co. has turned to the U.S. Supreme Court in an effort to reinstate rights of first refusal in a Midwest energy transmission organization that gave incumbent transmission owners the first crack at building new projects, cautioning against a “chilling effect” on new investments if a Seventh Circuit decision rejecting the practice is allowed to stand.
New York federal prosecutors urged a district judge Monday to reject a request by a Chinese billionaire accused of bribing late United Nations General Assembly President John Ashe to loosen the conditions of his home confinement pending trial, saying he continues to be an “extreme flight risk.”
Proposed guidelines by Australia’s antitrust watchdog on how it would enforce proposed amendments to the nation’s competition laws should be clarified to better illustrate how they would be used, according to the comments submitted by the Antitrust Law and International Law sections of the American Bar Association.
AT&T’s $85.4 billion takeover of Time Warner is poised for an intensive antitrust review further complicated by the current political environment, with the outcome hinging on how effective the conditions placed on Comcast’s NBCUniversal acquisition are seen to be, experts say.
The Federal Communications Commission on Monday issued and sought feedback on proposed rules that would block certain practices that programmers use in negotiating carriage contracts, practices the commission says could stifle competition, innovation and diversity in the video marketplace.
US Airways opened its $134 million antitrust trial against Sabre Holdings Monday by telling a Manhattan jury that the trip planning service bullied it into a financially oppressive contract, but Sabre rejected that contention, telling jurors that consumers had the power to buy fares anywhere they wished.
HP has reached an agreement to dismiss claims against Panasonic that the electronics company violated antitrust laws by allegedly participating in a scheme with other optical disk drive makers to fix the prices of the devices, according to documents filed Monday in a California federal court.
The Obama administration's push to regulate how airlines market their flights online and reimburse passengers for service lapses is raising questions about government overreach and whether the proposed regulations might actually make things worse, not better, for the consumers they're intended to protect.
Dover Corp. and Wayne Fueling Systems Ltd. have presented U.K. competition regulators with a couple of options they hope will assuage concerns that their $780 million deal would stifle competition in the supply of fuel dispensers in the country, the Competition and Markets Authority said Monday.
Charter Communications Inc. on Friday urged the Federal Communications Commission to resist capping Ethernet rates as it creates new regulations to promote competition in the market for business data services, arguing that doing so would have “a devastating impact.”
Republican presidential candidate Donald J. Trump said that if he were elected, he would not approve AT&T Inc.’s proposed $85.4 billion cash-and-stock takeover of Time Warner Inc., adding his voice to a chorus of policy makers opposed to 2016’s hugest deal.
Brazilian aerospace firm Embraer SA will pay $205 million to settle allegations by U.S. authorities that the company violated the Foreign Corrupt Practices Act by paying millions of dollars in bribes to officials in three countries and falsifying accounting records.
A former California state senator has been sentenced to three-and-a-half years in federal prison after he pled guilty to a federal corruption charge over his acceptance of $150,000 in bribes, the U.S. Department of Justice said Friday.
A California federal judge told Alaska Air on Thursday not to close on its proposed $2.6 billion acquisition of Virgin America without giving him and a group of passengers and travel agents who claim the deal is anti-competitive at least seven days' advance notice, or he may unwind it.
U.S.-based sports channel GolTV Inc. on Thursday accused a slew of 21st Century Fox Inc. units of taking part in a bribery scheme to gain exclusive television rights to South American soccer games, alleging a conspiracy involving others indicted in the corruption case over international soccer governing body FIFA.
Two car services on Thursday urged a New York federal judge who dismissed their false advertising suit against Uber to reconsider, arguing he wrongly considered the ride-hailing giant's statements about safety to be mere "puffery."
Despite the heightened regulatory environment that has served as the death knell for several megamergers this year, British American Tobacco’s $47 billion takeover bid for U.S. tobacco company Reynolds American likely will not draw intense antitrust scrutiny if a deal moves forward, experts say.
The Tenth Circuit on Friday refused to toss the guilty plea of a former U.S. Army officer in an alleged bribery scheme to win $54 million in government contracts in Afghanistan, calling it "a clear case of buyer’s remorse.”
A Michigan federal judge on Friday dismissed the final claims in multidistrict litigation over an alleged conspiracy to fix refrigerant compressor prices, saying that General Electric Co. could not pursue Danfoss because it did not directly purchase compressors from the Danish manufacturer.
The Federal Energy Regulatory Commission on Thursday told an Ohio federal judge that its bid to enforce $42 million in market manipulation penalties against a now-shuttered Pennsylvania trading firm and energy traders was sound because the trading activity it red-flagged clearly violated FERC's anti-manipulation rule.
My experience with the Nixon pardon, the Nixon tapes, the construction of the White House swimming pool, and other matters well out of the ordinary for a president’s lawyer taught me that in the practice of law one should learn to expect and cope with the unexpected, says William Casselman, who served as White House counsel for President Gerald Ford.
Not all aspects of the partnership process are within an attorney’s power. However, there are some factors that an associate can control on the path to partnership, the most important of which are the relationships cultivated along the way, says Rebecca Glatzer of Major Lindsey & Africa.
The Second Circuit's recent decision in American Express obscures the purpose of the antitrust laws, is inconsistent with decades of antitrust jurisprudence, and will handicap the ability of the antitrust agencies and courts to challenge anti-competitive conduct in dozens of markets, says David Balto, a former policy director at the Federal Trade Commission.
I went to the law books, where I discovered the crime of “obstruction of justice,” and realized I was right in the middle of a criminal conspiracy. I didn't fully understand my conduct during Watergate until — decades later — I learned about the psychology of cover-up at work, says John Dean, who served as White House counsel for President Richard Nixon.
Once again, the Federal Communications Commission will be the winner if new rules regarding business data service reform are adopted. Just as it did under the open internet order, the FCC expands its regulatory reach to previously unregulated services, says Douglas Bonner of Womble Carlyle Sandridge & Rice LLP.
Somewhat surprisingly, very few of the dozens of "trial pros" who have been interviewed by Law360 have revealed the secret to effective trial preparation that is vital to their success. But ultimately, the “secret” to effective trial preparation is not actually a secret, says Jamin Soderstrom of Soderstrom Law PC.
In this short video, Jonathan Kanter of Paul Weiss Rifkind Wharton & Garrison LLP discusses what we can expect in terms of U.S. antitrust enforcement against technology providers.
There have been no major signs of a Yates memo impact on large multijurisdictional cases. But the U.S. Department of Justice has issued significant settlements in the last year and presumably has the information included in those agreements to initiate individual prosecutions. So why haven’t we seen a significant increase? asks Joan Meyer of Baker & McKenzie LLP.
On Dec. 1, 2016, several important amendments to the Federal Rules of Appellate Procedure take effect. The most impactful amendment is the shortening of the permissible length of appellate briefs, which will affect many appeals and will have a particularly significant impact on complex appeals such as patent cases, says Matthew Dowd of Dowd PLLC.
While the consolidation of agribusiness has a significant effect on the global food supply, it is unlikely that the Bayer-Monsanto merger will have an anti-competitive impact from an intellectual property perspective, say Randall Brown and Catherine Reynolds of Haynes and Boone LLP.