The government shutdown has forced unpaid skeleton crews at the U.S. Department of Justice and the Federal Trade Commission to focus only on mergers with ticking review clocks, shunting others to the back of the line as the antitrust bar plays the waiting game.
A Qualcomm executive took the stand Friday during a California federal bench trial over the Federal Trade Commission's allegations the company's "no license, no chips" practice violates antitrust laws, testifying that it modeled its standard-essential patent process after Google's 2013 consent decree with the FTC.
The last week has seen former Rabobank trader Anthony Conti sue his old employer, ArcelorMittal take Essar’s investment manager to court months after acquiring its steel business, and the managing director of AlixPartners sue a prominent Irish businessman and a British property tycoon. Here, Law360 looks at those and other new claims in the U.K.
Disney and a half dozen other movie studios urged a California federal judge Friday to find that streaming service VidAngel can't rely on fair use principles to defend its practice of distributing family-friendly edits of their films online, calling VidAngel's defense against their infringement claims "utter nonsense."
White & Case LLP has beefed up it governance, disputes, sanctions and antitrust practices with the addition of an O'Melveny & Myers LLP former partner whose varied career includes being a presidential appointee supervising all Justice Department financial prosecutions and serving as general counsel to two different public gaming companies.
Health insurance giant United HealthCare Services Inc. has slapped a host of generic-drug makers with a sprawling lawsuit in Minnesota federal court alleging they conspired to hike prices on a range of medications and saying “collusion in the generic pharmaceutical industry is well established at this point.”
The so-called Art Bastard who sued prominent New York City museums claiming the “corporate museum cartel" kept him and others out of the high-end art market has decided to drop his $100 million antitrust suit against the Metropolitan Museum of Art and four others.
The lone objector to $300 million in attorneys' fees granted in relation to $2.3 billion in settlements with banks over alleged benchmarking rate rigging in the foreign exchange markets has hit back at an investor class’ bid to require a $1.4 million bond while he appeals the award, telling a New York federal judge Friday that the request is unnecessary and burdensome.
The Eighth Circuit said on Thursday that lawyers for Minnesota auto glass vendor Safelite deserved the nearly $1 million in attorneys' fees and costs awarded by a district court in the company's suit against the state's former commissioner of commerce over an alleged smear campaign intended to run it out of business.
Canada’s interim competition commissioner chimed in amid British Columbia’s review of its liquor policy to champion a proposal that would let more private distributors compete in the industry, telling the province’s attorney general in a letter that the stale rules favoring government players stifle innovation and bump up prices.
An Illinois federal judge shut down a discovery request made by companies accusing CDK Global LLC of conspiring with a rival to monopolize the market for car dealership data, saying that deadlines set by court orders are important.
Travel agents and consumers have asked the U.S. Supreme Court to review a Ninth Circuit decision shutting down their antitrust suit alleging American Airlines, Delta, United and others conspired to fix prices on multicity flights, saying courts are substantially chilling private antitrust enforcement by tossing valid cases.
The Alabama federal judge overseeing sweeping antitrust litigation against the Blue Cross Blue Shield network has said he can no longer wait for the insurance giant’s army of lawyers to marshal themselves into a more manageable group, ordering a dozen attorneys into a "Council of Twelve" to streamline a leadership plan.
Masonite Corp. has asked a Virginia federal court to transfer a case accusing it and fellow door maker Jeld-Wen Inc. of a price-fixing conspiracy, arguing the proceeding has no connection to the district and complaining that the plaintiffs were engaging in "flagrant forum shopping."
Chemical giant BASF and Solvay SA have agreed to sell four nylon factories in three countries to help allay the European Union’s antitrust concerns about the sale of Solvay’s nylon business to BASF, which now has the green light.
The competition and antitrust team at Arnold & Porter worked on two of last year’s largest mergers, Bayer’s purchase of Monsanto and AT&T’s blockbuster deal for Time Warner, while also scoring big wins on conduct matters for other clients, earning the team a spot among Law360's Competition Groups of the Year.
A trader accused of illegally rigging a key interest rate benchmark did not act dishonestly when he submitted rates to benefit bankers’ trading positions, his attorney told a London jury on Friday, saying it is “nonsense” to suggest he flooded the market with cash to bolster huge financial trades.
With the partial government shutdown in its fourth week, Spectrum Pharmaceuticals Inc. and Acrotech Biopharma LLC incorporated protection against the delay of required regulatory approvals into Thursday's announced contract for a drug portfolio sale, a move other dealmakers will likely follow even after the shutdown ends.
Qualcomm needs an extra day before the jury to defend itself against Apple's allegations that it has been overcharging for patent licensing fees, the chipmaker told a California federal judge Wednesday.
A class of diabetes patients alleging the three top insulin manufacturers colluded to drive up medicine prices for the uninsured and underinsured told a New Jersey federal judge Thursday they have standing to file a racketeering claim because they're the only ones in the supply chain injured by the practice.
U.S. District Judge Rodney Gilstrap on Wednesday shot down HTC's request to delay an upcoming trial in its case alleging Ericsson overcharges for royalties on cellular and wireless standard-essential patents, saying the bid appears to be a "litigation tactic."
Justices Samuel Alito and Neil Gorsuch on Monday floated the idea of overruling the high court’s landmark Illinois Brick decision, which limits federal antitrust standing to direct purchasers, during oral arguments in a case accusing Apple Inc. of monopolizing the market for apps sold on its devices.
The Serious Fraud Office has landed another mixed result in its prosecution of several former Barclays and Deutsche Bank traders for manipulating Euribor, the latest in the white collar specialist's latest effort to hold individuals accountable for rigging key benchmark interest rates. Here, Law360 looks at the highlights of the SFO's long-running campaign.
A D.C. federal judge has rejected the U.S. Department of Justice’s arguments that AT&T’s planned purchase of Time Warner would hurt competition and drive up consumer costs, dealing a major blow to the government’s first court challenge of a vertical merger in decades. Here, Law360 looks at how we got here, the key issues and highlights of the case.
After years of trending upward, the amount of new Biologics Price Competition and Innovation Act litigation might slow somewhat in 2019, yet several active cases are scheduled for trial and many decisions are expected to issue, say Joshua Whitehill and Michael Cottler of Goodwin Procter LLP.
The lack of minority partners comes at a high cost to firms, say attorneys at Lightfoot Franklin & White LLC, as they suggest several practical ways to tackle this problem.
With no clear end in sight to the government shutdown — including the shutdown of a majority of the Committee on Foreign Investment in the United States — global companies, strategic investors and their outside counsel must carefully consider the ongoing impact on deals at all stages, say attorneys at Skadden Arps Slate Meagher & Flom LLP.
While the New York federal court's decision in U.S. Commodity Futures Trading Commission v. Wilson may embolden defendants in CFTC and Federal Energy Regulatory Commission enforcement matters, the circumstances surrounding it should continue to serve as a caution to market participants, say Michael Brooks and Robert Pease of Bracewell LLP.
Alternative dispute resolution providers have made great strides toward diversity, but recent statistics show there is still work to be done. There are certain steps ADR providers can take to actively recruit more women and minority candidates to serve as arbitrators and mediators, says James Jenkins of the American Arbitration Association.
Alternative fee agreements can help align law firm and client interests, increase efficiency and eliminate corporate extortion, among other benefits. They are the best thing to happen to the practice of law in decades, says Kelly Eisenlohr-Moul at Dinsmore & Shohl LLP.
A recent Law360 guest article argued that the Virginia federal court's decision in Steves and Sons v. Jeld-Wen casts doubt on the value of pre-merger clearance. But the ruling raises a much more important issue — a private plaintiff had to do what the U.S. Department of Justice wouldn’t, says Jamie Miller of the Alioto Law Firm.
In 2018, the Trump administration took few concrete steps that will significantly impact drug prices in the near future. The most consequential ideas lack political support, while the more feasible ideas are unlikely to change much, say attorneys at Ropes & Gray LLP.
Can lawyers lead a revolution? According to "The Clamor of Lawyers: The American Revolution and Crisis in the Legal Profession" — a slim but elegant volume by Peter Charles Hoffer and Williamjames Hull Hoffer — they can and they did, says First Circuit Judge David Barron.
Lawyer-directed nonrecourse litigation funding is more likely to protect a lawyer's exercise of independent professional judgment than traditional means of litigation finance, and furthermore enables worthwhile cases that otherwise could not be funded, say Peter Jarvis and Trisha Thompson of Holland & Knight LLP.