A bombshell lawsuit lodged by Tribune Media Co. earlier this month sheds some light on the collapse of its $3.9 billion deal with Sinclair Broadcast Group Inc., a move that fell apart in the face of scrutiny from enforcers and regulators. And while much is still unknown about the ordeal, it provides some insight into how the agencies might approach similar moves in the future and how merging parties should respond.
A proposed class of health care providers struck back Tuesday at Becton Dickinson & Co.’s bid to escape their suit accusing the medical supply manufacturer of suppressing competition in the market, saying the providers don’t have to be direct purchasers to bring antitrust claims.
Attorneys for insurer Highmark Inc. argued Wednesday that a Pennsylvania federal judge should deny certification to a proposed class action because an expert witness for a Pittsburgh-area hotel chain didn't show her methods for linking higher health care premiums to an alleged "truce" between Highmark and a rival.
A software lab accused Symantec Corp. and other cybersecurity firms of conspiring with an independent group to deny business to the lab because their products couldn’t stand up to testing scrutiny, slapping the firms with an antitrust suit in California federal court on Tuesday.
Federal Communications Commission Chairman Ajit Pai has told lawmakers that the agency's in-house judge is still reviewing allegations that Sinclair Broadcast Group Inc. was not honest in its attempt to acquire the Tribune Media Co., according to a letter released Wednesday.
The U.K.'s competition watchdog said Wednesday it has referred Sainsbury's planned purchase of Walmart Inc.'s U.K. subsidiary valued at £7.3 billion ($9.36 billion) to a phase 2 investigation, saying the deal raises enough concerns to warrant an in-depth review.
The European Union's competition authority said Wednesday that Luxembourg didn't break state aid rules in its tax treatment of McDonald's, ending a nearly three-year investigation and marking a rare stand-down for Europe's competition czar.
Pac-12 commissioner Larry Scott defended his $4.5 million annual salary Tuesday during a landmark antitrust trial over the NCAA's limits on student compensation, while also warning that paying student-athletes would confuse fans and broadcasters about amateur sports and disrupt the makeup of college athletic conferences.
A group of auto dealers asked a Michigan federal court Tuesday to approve a $115 million third-round settlement with 23 different auto parts makers, in a suit alleging they conspired to fix prices on auto parts.
Ireland has fully recovered €14.3 billion ($16.7 billion) in disputed taxes and interest from Apple Inc., the country’s finance minister announced Tuesday, prompting a top European Union official to say the move would end a court case to recoup alleged illegal aid.
A class of public utilities has urged a New Jersey federal judge to approve a $10.7 million settlement with a company accused of rigging bids on a water treatment chemical, arguing the company’s bankruptcy could threaten their ability to recoup losses.
The U.S. Commodity Futures Trading Commission said Tuesday that swaps broker Intercapital Capital Markets LLC will pay $50 million to resolve allegations that, for more than five years, it helped banks manipulate the ISDAfix benchmark to benefit their derivatives positions.
The D.C. Circuit on Tuesday refused to alter a ruling by the Copyright Royalty Board that set how much streaming services like Pandora Radio must pay for music until 2020, rejecting the argument that the board had used improper benchmarks from the private market.
The planned $59 billion merger of Sprint and T-Mobile would likely accelerate economic growth in rural regions through the rollout of the telecoms' proposed 5G network, farm state advocates have told the Federal Communications Commission.
Two former Deutsche Bank AG traders on Tuesday urged a Manhattan federal jury to reject accusations of rigging the London Interbank Offered Rate, claiming prosecutors are attempting to hold them to an unfair standard which was nonexistent during the time in question.
Europe’s competition watchdog said Tuesday that it has opened an in-depth investigation into allegations that German automakers Volkswagen AG, BMW AG and Daimler AG colluded to limit the development and implementation of certain emissions control systems.
Shared workspace provider WeWork Cos. Inc. has agreed to curtail its use of noncompete agreements, with some workers receiving full releases from agreements they signed and others having the terms of their noncompetes streamlined, the attorneys general of New York and Illinois announced Tuesday.
Visa, Mastercard and several major banks will shell out up to another $900 million on top of $5.3 billion already paid to resolve a major chunk of an antitrust multidistrict litigation over card-swiping fees, in a New York federal court class action settlement with merchants announced on Tuesday.
A crop of major banks and affiliated entities have asked a New York federal court to toss a consolidated case alleging that they conspired to fix the prices of Mexican government bonds, saying the pension funds that brought the suit haven't adequately claimed that the financial institutions had a "conspiratorial agreement."
The University of Wisconsin-Madison could drop its athletics program if it has to start paying student-athletes, the head of the university told a federal judge Monday at a landmark antitrust trial over the NCAA's limits on compensation, while an American Athletic Conference commissioner warned that such payments "would intrude on college sports."
A former executive of bankrupt Transmar Commodity Group Ltd. on Monday was sentenced to two and a half years in prison by U.S. District Judge Jed Rakoff for a “massive” $350 million asset fraud at the family-run cocoa commodity trading company.
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.
The latest ABA annual antitrust law spring meeting ran the gamut from the government's tough new take on no-poaching pacts to hurdles innovation can cause in merger reviews— plus wide-ranging comments from the DOJ's new antitrust chief. Here's a look at Law360's coverage of three days of debates, tips and quips.
Tighter rules for the Committee on Foreign Investment in the United States have been echoed in Germany, and further changes are on the way. Recent developments show that the German government does not shy away from blocking foreign investments, says Daniel Wiedmann of P+P Pöllath + Partners.
In this new series featuring law school luminaries, Widener University Delaware Law School dean Rodney Smolla discusses teaching philosophies, his interest in First Amendment law, and arguing before the U.S. Supreme Court in Virginia v. Black.
As lower courts decide whether to apply the U.S. Supreme Court's AmEx decision to other types of two-sided markets, the key question will be whether allegedly anti-competitive conduct on one side of a platform may be credibly constrained by indirect network effects on the other, say Barry Reingold and David Chiappetta of Perkins Coie LLP.
A few weeks ago, the IRS proposed regulations related to the Tax Cuts and Jobs Act's 20 percent deduction on qualified business income for pass-through entities. The guidance offers long-awaited clarity, but is mostly bad news for many law firms, says Evan Morgan of Kaufman Rossin PA.
Judicial impeachment fever seems to be spreading through the states, with West Virginia legislators recently voting to remove their state's entire Supreme Court, and lawmakers in Pennsylvania and North Carolina threatening the same. These actions are a serious threat to judicial independence, says Jan van Zyl Smit of the Bingham Centre for the Rule of Law.
In this time of partisan conflict over judicial selection, a new book by Canadian jurist Robert J. Sharpe — "Good Judgment" — represents a refreshing, deeply thoughtful departure from binary arguments about how and why judges make decisions, says U.S. District Judge Jeremy Fogel, director of the Federal Judicial Center.
E-discovery is not easy, but employing these 10 strategies may help minimize future headaches, say Debbie Reynolds and Daryl Gardner of EimerStahl Discovery Solutions LLC.
Given that blockchain technology is still developing and new uses are popping up every day, it is impossible to conceive of every anti-competitive problem that could arise. Daniel Fenske and Justin Steffen of Jenner & Block LLP address two antitrust issues that are readily apparent and can be mitigated.
A well-drafted partnership agreement protects a law firm's founders, establishes a process for new and outgoing partners, and sets forth guidelines for navigating conflict along the way. Startup firms can begin with something less complex, but there are important elements that every agreement should include, says Russell Shinsky of Anchin Block & Anchin LLP.
In a recent Law360 guest article, David Kappos wrote that the Japan Patent Office's new licensing guide reflects a balanced approach to standard-essential patents. We agree. But some of the article's characterizations of the issues underlying SEP disputes are misguided, say Jay Jurata and Emily Luken of Orrick Herrington & Sutcliffe LLP.