Spain's Supreme Court has asked the European Union's highest court whether the country's decision to merge its competition, energy and telecommunications authorities into one superagency violates EU law, in a case that could force Spain and other countries to restructure their competition and regulatory watchdogs.
The Ultimate Fighting Championship may have to produce some documents while it seeks to knock out a proposed class action by mixed martial artists who accuse the UFC of illegally dominating the sport, a Nevada federal judge said Tuesday, leaving the scope of discovery undetermined.
Gary Friedman of Friedman Law Group LLP and two other class plaintiff attorneys in the American Express anti-steering antitrust multidistrict litigation, told a New York federal court Wednesday that the recently disclosed communications between Friedman and a now-indicted former MasterCard attorney should have no bearing on the proposed settlement.
The NCAA on Tuesday reiterated its request to stay an injunction that would allow for college athletes to be paid for the use of their names, images and likenesses, saying plaintiffs have merely disparaged the organization while failing to give a substantive reason the delay should not be granted.
The former head of the Chippewa Cree Tribe’s roads department and environmental health unit pled guilty Tuesday in a corruption scandal involving fraudulent claims and hundreds of thousands of dollars in bribes and gifts, according to the U.S. attorney’s office in Montana.
A recent Second Circuit decision invoking the filed rate doctrine is fatal to two suits claiming mortgage servicers accepted kickbacks from insurers in exchange for requiring customers to buy force-placed insurance, a New York federal judge was told Tuesday.
Sidley Austin LLP has landed two partners from Manatt Phelps & Phillips LLP for its Los Angeles office, including Manatt's trial practice co-chair, who will bring experience in intellectual property, entertainment, antitrust and regulatory law, the firm announced on Tuesday.
A whistleblower accusing CVS Caremark Corp. of violating the Anti-Kickback Statute with $5 coupons handed out as part of a prescription rewards program that included Medicare and Medicaid enrollees is taking his case to the Seventh Circuit, according to a notice to appeal filed Tuesday in the Illinois district court where his suit was dismissed in June.
A proposed Federal Communications Commission requirement for networks to purchase online video distribution rights could seriously hurt unaffiliated programmers, AMC Networks Inc. told the agency in a letter made public Tuesday.
A Minnesota grocery store operator told the Eighth Circuit Monday that the two largest grocery wholesalers in the U.S. are attempting to enforce arbitration agreements over which they have no legal authority in order to dodge retailers’ consolidated actions accusing them of conspiring to hike prices.
The former director of finance for Teva Pharmaceutical Industries Ltd.'s Latin America region sued the company Tuesday for allegedly firing her after she began cooperating with federal authorities on a Foreign Corrupt Practices Act investigation.
Blackboard Inc., a private equity-backed education technology company, explores a sale that will value it around $3 billion, while surf wear retailer Quiksilver Inc. hires a restructuring adviser to help it turn around its business, as General Electric Co. offers to unload assets to an Italian rival with the hopes of scoring antitrust clearance from European regulators for its purchase of Alstom SA's energy business.
A group of Philadelphia cab companies told a Pennsylvania federal judge on Monday that Google Inc.’s venture capital arm should remain in a lawsuit seeking to give Uber Technologies Inc. the boot from their city because Google “was no passive investor.”
Three foam makers have agreed to pay a combined $22.25 million to settle claims by indirect purchasers and exit multidistrict litigation accusing the companies of plotting to fix prices, the plaintiffs said in a motion filed Monday.
An Indian subsidiary of Hyundai Motor Co. faces a 4.2 billion rupee ($65.8 million) fine after India’s competition watchdog recently found it violated the country’s antitrust laws by allegedly conspiring to keep sellers of aftermarket automotive parts and diagnostic tools from competing in the marketplace.
Federal prosecutors moved Monday to prevent a group of investors from introducing evidence that tax collectors knew of an alleged conspiracy to manipulate the bidding process for tax lien auctions in New Jersey, saying that related arguments are irrelevant in the case.
Spain has fined 20 automakers a total of €171 million ($189.1 million) for exchanging sensitive business information on the marketing and distribution of their vehicles and after-market parts, the country’s antitrust authority said Tuesday.
Three contact lens makers continued their attack on a Utah law that bars manufacturers from mandating to retailers a minimum selling price, telling the Tenth Circuit on Monday the law is unconstitutional.
French conglomerate Alstom SA has agreed to let General Electric Co. pay €300 million ($331.6 million) less than initially agreed for its power business as part of GE’s attempt to win approval for the deal from European Union antitrust regulators, Alstom said Monday.
Two medical centers have sued New Jersey and Gov. Chris Christie over a new law authorizing hospitals with the state's highest comprehensive trauma care designation to exclusively take over paramedic services in their host towns, effectively stripping the plaintiffs of duties they'd held for decades.
College athletes told the Ninth Circuit on Monday not to delay a decision that allows them to be paid for the use of their names, images and likenesses, blasting the NCAA’s bid to stay the injunction as groundless and hyperbolic.
While the U.K. Competition and Markets Authority's decision to close its investigation into loyalty-inducing discounts offered by a pharmaceutical firm suggests a continuing reluctance to devote resources to complex abuse of dominance probes, the fact that the CMA investigated this for a year, together with the more active enforcement by other European competition authorities, shows that firms that may be dominant cannot afford to ... (continued)
Earlier this month, six former employees of Tencent Holdings Ltd. were detained by Chinese authorities as part of a bribery investigation relating to payments made by online video content providers to Tencent employees. This case should remind companies that anti-corruption compliance involves more than just mitigating the risk of official bribery, say Alex Brackett and Ryan Bonistalli of McGuireWoods LLP.
The Centers for Medicare and Medicaid Services' proposed rule to simplify compliance with the Stark Law could benefit providers tremendously since the law is a strict liability statute and is increasingly being used by both whistleblowers and the government to impose multimillion-dollar judgments and settlements on hospitals and other health care providers, say attorneys at Arent Fox LLP.
In the aftermath of the Foreign Corrupt Practices Act trial of former PetroTiger Ltd. CEO Joseph Sigelman, FCPA commentators are hyperventilating about “trends” and “lessons.” But there is not much to be learned from the federal prosecutors' loss — what happened at trial is nothing more than a regular occurrence in our criminal justice system, says Michael Volkov, CEO of The Volkov Law Group LLC and a former federal prosecutor.
The recent ruling by the EU Court of Justice in InnoLux Corp. v. European Commission confirmed that the commission is in specific circumstances permitted to take into account non-European Economic Area sales of cartelized inputs, but the decision is surprisingly limited in its analysis of jurisdictional issues, say attorneys with Latham & Watkins LLP.
Unless the pace of Foreign Corrupt Practices Act enforcement picks up considerably, as it did last year, 2015 is on track to be the lowest year in terms of resolved dispositions since 2005, say Marc Alain Bohn and Michael Skopets of Miller & Chevalier Chtd.
Fisher and Romaine’s well-known article, “Janis Joplin’s Yearbook and the Theory of Damages,” argues that commercial damages should be measured as of the time the challenged act occurred, an approach that has generally been favored. However, their argument is somewhat contrived, says Paul Godek, principal at MiCRA and a former economic adviser at the Federal Trade Commission.
It is somewhat puzzling that numerous producers of automotive parts continued to fix prices despite the news of raids that ultimately led to government fines, civil litigation and jail time for their employees. The economics of deterrence provide at least some initial insight as to why this may have occurred, says Jonathan Tomlin of Navigant Economics.
In its antitrust suit against Floyd Mayweather’s manager, boxing promoter Top Rank Inc. heavily relies on a 1959 U.S. Supreme Court analysis, but it is unlikely that fact-finding that supported the creation of a distinct championship boxing market nearly 60 years ago would be relevant today, says Helen Maher, a partner at Boies Schiller & Flexner LLP and counsel for NASCAR.
Thus far in fiscal year 2015, the number and average length of prison sentences secured by the U.S. Department of Justice's Antitrust Division have decreased. If this trend continues, it will represent an eight-year low for average prison sentence length, say attorneys with Gibson Dunn & Crutcher LLP.