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.
New document request guidelines for United Kingdom merger reviews have raised a host of concerns for the antitrust bar, according to comments made public Tuesday.
Former Lieff Cabraser Heimann & Bernstein LLP attorney Joseph Saveri's firm doesn't have to pay another plaintiffs firm a $1.2 million referral fee out of his score from settlements in titanium dioxide price-fixing litigation, the Fourth Circuit ruled Monday, finding he'd never agreed to shell out the sum.
Ericsson has urged a Texas federal court not to delay a trial scheduled for next month on HTC Corp.'s accusation that Ericsson overcharges for royalties on cellular and wireless standard-essential patents, arguing there's no need to wait until after an arbitrator decides if some issues should be arbitrated.
The Committee on Foreign Investment in the United States is facing a growing backlog of deals to review for national security risks as the government remains shut down, creating a scenario that could significantly delay inbound acquirers’ ability to seal transactions.
Several retailers are headed to trial against American Express Co. armed with only a fraction of their original antitrust allegations brought amid multidistrict litigation challenging AmEx's restrictive merchant contracts, as a Brooklyn federal judge heavily pared the retailers' suit Monday to align with a recent U.S. Supreme Court decision.
Brazil’s antitrust authority has launched an investigation into whether American International Group Inc. and 10 other companies in the aviation and aerospace insurance industry affected competition in the country by sharing sensitive pricing information.
Prosecutors opened their second trial in London on Tuesday of three former Barclays PLC employees accused of participating in a conspiracy to rig global interest rates to rip off counterparties that did business with them.
The U.K. Parliament overwhelmingly rejected the government’s draft agreement for leaving the European Union on Tuesday, pitching the Brexit process deeper into disarray and raising questions about whether the March 29 departure date can still be met.
A Taiwanese auto parts company has threatened to pull out of the U.S. market if a proposed class of consumers accusing the company of price-fixing keeps pushing for a default judgment instead of accepting a $500,000 settlement the consumers had already rejected, the plaintiffs told a Wisconsin federal court.
Baker Botts LLP can continue representing Zydus Pharmaceuticals as it pursues antitrust claims against Takeda over a heartburn medication, despite the law firm’s prior representation of Takeda’s ally in patent litigation over the same drug, a New Jersey federal judge said in a ruling made public Friday.
Mylan told a New Jersey federal court Friday that a consumer witness should be allowed to testify in its suit accusing Celgene of stifling generic competition for two cancer drugs because Celgene already has most of the information it needs from him.
Teva Pharmaceutical Industries Ltd. and its executives doubled down on their efforts to toss securities claims from investors, who say the drugmaker engaged in a price-hike scheme and misled them about its resulting profit growth, arguing in Connecticut federal court Friday they presented no evidence.
The Senate Judiciary Committee is set to start grilling President Donald Trump's attorney general nominee William Barr Tuesday, and the biggest item on the menu is undoubtedly his supervision of Special Counsel Robert Mueller’s investigation into Russian interference in the 2016 presidential election.
The chairman of the U.S. House Committee on Oversight and Government Reform on Monday launched an investigation into drug pricing by sending letters to a dozen big-name drugmakers questioning how they price some of the world's best-selling drugs.
Chicago Board Options Exchange investors will have to weather Cboe Global Markets Inc.'s dismissal bid before trying to get the names of traders who allegedly manipulated the exchange's volatility index, or VIX, after an Illinois federal judge on Friday refused to grant an early discovery peek in the multidistrict litigation.
Former Knorr-Bremse AG and Wabtec Corp. employees blasted the rail equipment suppliers Friday in Pennsylvania federal court for trying to duck consolidated cases in multidistrict litigation over deals not to poach each other's workers, arguing no market need be identified to challenge agreements that were illegal on their face.
A North Carolina-based door part supplier urged a Virginia federal judge Friday to order a new trial after a jury returned a $185 million antitrust verdict against it, arguing that an order bifurcating the trial prevented the jury from hearing vital evidence.
The Illinois federal judge who picked up an antitrust suit against Motorola Solutions Inc. after the case was transferred from New Jersey in December has recused himself, citing his spouse's ownership of Motorola stock.
Prime Minister Theresa May predicted on Monday that Brexit could be abandoned if MPs reject her draft Withdrawal Agreement as anticipated on Tuesday, as she warned that Parliament risks being thrown into “paralysis.”
Law360's top four Firms of the Year notched a combined 32 Practice Group of the Year awards after successfully securing wins in bet-the-company matters and closing high-profile, big-ticket deals for clients throughout 2018.
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.
2018 will be remembered as a transition year for technology-assisted review, and 2019 will likely see a continued focus on how we use TAR, with refinement and expansion across the board, says Thomas Gricks of Catalyst Repository Systems LLC.
There is a growing debate over how to approach the analysis of a potential merger’s labor market effects. A new Harvard Law Review article suggests that the antitrust agencies can easily rely on the tools that are already used to analyze merger effects in product markets, say members of Analysis Group Inc.
Last year saw another round of year-over-year growth in litigation finance, as debates shifted from whether it should be permitted to how it can best be managed. The exciting news, says Alan Guy of Vannin Capital PCC, is that 2019 seems likely to bring more of the same.
Leveraging technology in a fiercely competitive market is a key factor driving law firms toward technology adoption in 2019, as they face growing demand from legal talent and clients for the ability to connect, access and control information whenever and wherever needed, says Tomas Suros of tech provider AbacusNext.
In 2018, the antitrust bar was kept on its toes by the U.S. Supreme Court’s analysis of two-sided markets, the drama over high-profile merger challenges, and heightened interest in no-poach agreements. All signs point to 2019 being equally memorable, say Lesli Esposito and Brian Boyle of DLA Piper.
Law360 guest authors weighed in on a host of key legal industry issues this year, ranging from in-house tips for success and open secrets about BigLaw diversity to criticisms of the equity partnership and associate salary models. Here are five articles that captured the most attention.
Take a peek behind the scenes of four U.S. Supreme Court cases from 2018, as the attorneys who won them reflect on the challenges they faced and the decisions they made that led to victory.
This year brought significant developments in U.S. trade secret law, including further guidance on the Defend Trade Secrets Act and varied court interpretations of customer lists as trade secrets, say attorneys with Faegre Baker Daniels.
The ninth hearing in the Federal Trade Commission’s series on competition in the 21st century addressed data security. Todd Hinnen and Erin Earl of Perkins Coie LLP offer some key takeaways.
The U.S. Department of Justice is seeking to improve its antitrust review process and reduce the burden of responding to a second request, but there are reasons to be skeptical, says Tod Northman of Tucker Ellis LLP.