The U.S. Department of Justice this week cleared CVS' planned $69 billion purchase of Aetna, a combination that's been closely watched for its potential to shake up the industry and for any insights into how antitrust agencies will view mergers between players in adjacent industries going forward. Here, Law360 looks at some takeaways from the latest health care megadeal.
A Swiss-based multinational was found liable Tuesday for €13 million ($15 million) in overcharges to a joint venture between the United Kingdom and Dutch electricity grid owners that was harmed by an electricity cable cartel.
Google Inc. said Tuesday that it has appealed a record €4.34 billion ($5.04 billion) fine the European Union’s antitrust enforcer doled out in July for abusing the dominance of its Android mobile phone operating system, just before its mid-October compliance deadline.
Lobbyists at the Federal Communications Commission stepped up their arguments last month for why the agency should approve the proposed Sprint-T-Mobile merger and doubled down on backing changes to local small-cell siting rules and the Citizens Broadband Radio Service framework.
A group of physicians challenging an American Osteopathic Association policy that they said tied its board certification to being a member asked a New Jersey federal judge for final approval of a deal to end the suit, saying that when all the settlement terms are taken together it is worth around $84 million.
A factory that makes interior door covers must be sold to restore competition after a rival became the first private company to successfully challenge a merger under the Clayton Act without government help and reach a jury verdict, a Virginia federal judge held Friday.
Apple asked a California federal court to deny Qualcomm’s bid to dismiss portions of a sweeping patent case, saying the chipmaker's promise not to sue over nine patents does not address other claims at issue in the dispute.
The European Union's top court ruled Tuesday that the European Commission made no legally binding decisions, and thus created no appeals rights, when dealing with telecommunications companies that tried to pick up network capacity that Telefónica Deutschland Holding AG was forced to shell out as part of a merger deal.
An antitrust lawsuit by a group of California pharmacies targeting a settlement between Pfizer Inc. and Ranbaxy Inc. over the anti-cholesterol drug Lipitor hit the end of the road Tuesday, with the U.S. Supreme Court declining to take up the pharmacies’ argument that their suit was improperly removed to federal court and then dismissed.
A California limousine company told a federal court Friday that the state's newly adopted Dynamex standard for distinguishing between independent contractors and employees will show that Uber Technologies Inc. has misclassified its drivers to get a competitive edge over traditional taxicabs and limousine companies.
The U.K.'s antitrust authority launched another investigation into the country's auditing sector on Tuesday, putting more pressure on the Big Four accounting firms amid concerns that audits for some major British companies have fallen short.
A New York federal judge signaled Friday that the Libor-rigging trial against former Deutsche Bank traders Matthew Connolly and Gavin Black may be in trouble, in light of "highly persuasive" evidence concerning the government's role in an internal investigation of the bank by Paul Weiss Rifkind Wharton & Garrison LLP.
The U.S. Supreme Court will soon hear Apple's appeal in a case alleging that the company illegally monopolized the market for iPhone apps. Along with other implications, the case has rekindled debate about a decades-old ruling that limits class action standing. Here, Law360 looks at what’s at stake in the Apple App Store monopolization case.
The U.K.’s competition watchdog in a newly published decision said that some remedies offered by Motor Fuel Group may alleviate concerns that its £1.2 billion ($1.56 billion) buy of fellow private equity-backed British gasoline retailer MRH GB Ltd. could hurt local competition.
Cellphone maker HTC America Inc., which is suing Swedish telecom Ericsson Inc. in Texas federal court for allegedly overcharging for aging standard-essential patents, bears the burden of proof for its breach-of-contract claim, Ericsson has said in a brief.
CSX Transportation Inc. has sued fellow railroad giant Norfolk Southern Railway Co. in Virginia federal court over the latter’s dominant control of a small railroad they co-own, alleging Norfolk Southern has used that power to create “monopolistic control” over traffic in and out of Virginia’s largest international shipping terminal.
The last week has seen a London hotel group lodge competition claims against Visa and Mastercard, Hellenic Petroleum and 10 insurers take on a shipper, and VTB Bank sue a Russian billionaire's holding company connected to EN+. Here, Law360 looks at those and other new claims in the U.K.
Chile’s competition authority approved the $4 billion sale of a chemical firm's shares to China’s Tianqi Lithium Corp. on Thursday, while signing off on measures aimed at preventing the unfair exchange of confidential data between the companies.
The National Association of Ticket Brokers is praising federal antitrust enforcers' decisions to examine the online ticket industry amid numerous complaints by consumers and competitors that companies like Ticketmaster are driving up costs for consumers.
A New Jersey federal judge has refused to dismiss pharmaceutical information technology company Veeva Systems Inc.’s monopoly claims in its countersuit against life sciences data giant IQVIA Inc., ruling Wednesday that it plausibly alleged IQVIA tried to block customer access to its product.
A New York federal judge trimmed Thursday a proposed class action accusing 20 banks and their affiliates of manipulating the Singapore Interbank Offered Rate and Singapore Swap Offer Rate, saying the plaintiffs haven’t alleged wrongdoing by a number of them.
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.
The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.
In June, the U.S. Supreme Court issued a pivotal antitrust decision in Ohio v. American Express. Three partners at Cravath Swaine & Moore LLP who represented AmEx explain how one of the most significant antitrust enforcement actions in recent history led to a landmark precedent for two-sided platforms.
On Thursday, the Federal Trade Commission began a series of hearings on competition and consumer protection in the 21st century. These events are an important first step in guiding enforcement priorities, says David Balto, a former policy director of the FTC Bureau of Competition.
In Sheppard Mullin v. J-M Manufacturing Co., the California Supreme Court ruled last month that a law firm's failure to disclose a known conflict with another current client did not categorically disentitle the firm from recovering fees. But the court didn’t provide hoped-for guidance on how to write an enforceable advance conflict waiver, says Richard Rosensweig of Goulston & Storrs PC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Melanie Green, chief client development officer at Faegre Baker Daniels LLP.
The English Court of Appeal's much-anticipated decision in Eurasian Natural Resources Corporation means that companies will continue to face difficulties in obtaining the information they need to investigate suspected wrongdoing, without losing the benefit of legal advice privilege under English law, say Mark Beeley and Rebecca Dipple of Orrick Herrington & Sutcliffe LLP.
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.