Competition Law360 provides breaking news and analysis on antitrust law. Coverage includes high-stakes antitrust litigation and government enforcement actions, as well as legislative and regulatory developments.
JPMorgan Chase & Co. and Deutsche Bank AG have agreed to pay a combined $148 million to escape two investor suits alleging they rigged the Libor benchmark rate, according to a proposed deal Friday, asking for early approval despite both banks having technically been dismissed from one of the cases.
Apple and Intel hit hard at Qualcomm in public statements filed Thursday with the U.S. International Trade Commission in a case where the chipmaker is seeking to bar iPhones that allegedly infringe its patents, with both companies accusing Qualcomm of seeking a monopoly on the technology.
A lawsuit filed Thursday is challenging Miami-Dade County officials' recent approval of a $9 million, no-bid deal to sell former soccer star David Beckham a parcel of land to complete his plans for a new soccer stadium needed to land Miami an expansion Major League Soccer franchise.
A carefully carved niche by Latham & Watkins LLP’s Andrew Gass at the intersection of intellectual property and competition matters in the music industry, and his successes in that sector — such as wins for Live Nation and Ticketmaster in Songkick's antitrust suit against them — have earned Gass a spot as one of five competition law attorneys under age 40 honored by Law360 as Rising Stars.
Solo Cup Co., Dart Container Corp. and other food container makers have urged the U.S. Supreme Court not to take up defunct polystyrene recycling company Evergreen Partnering Group’s appeal of the First Circuit’s summary judgment ruling in its antitrust case against the companies, arguing that no court would have decided it differently.