Law360 (December 13, 2018, 3:42 PM EST) -- On Dec. 6, 2018, the Federal Trade Commission hearings on “Competition and Consumer Protection in the 21st Century” addressed concerns that stock holdings by institutional investors of noncontrolling interests in competing portfolio companies may have anti-competitive effects. Such investments — called "concentrated common ownership," or CCO — raise three core issues.
First, is there a correlation between CCO and reduced competition in product markets dominated by a small number of publicly-held portfolio firms?
Second, if so, what are the mechanisms that impair competition? Is it direction from the institutional investor to portfolio company managers ("ringmaster")? Or are the economic incentives of...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!