Europe’s antitrust enforcer hit Google with another massive fine on Wednesday, this time a €4.34 billion ($5.04 billion) levy over the licensing practices for its Android mobile operating system, nearly double one issued last year for favoring its own comparison shopping site in search results. Here, Law360 takes a look at the latest fine and what it could mean for Google.
The states of Mississippi, Idaho, Iowa, Rhode Island and Utah urged the Fifth Circuit on Wednesday to allow the Louisiana Real Estate Appraisers Board to appeal the denial of its state-action immunity by the Federal Trade Commission in an antitrust action.
A Texas federal judge on Thursday, in what he called a “complex and contentious case,” awarded another $115,000 in attorneys’ fees to Texas-based HeartBrand Beef Inc. in its long-running dispute with a ranch owned by billionaire Bill Koch over who had the rights to sell the company’s specialty Japanese cattle.
La Poste reportedly wants to buy a stake in CNP Assurances, CVS and Aetna could move forward with their deal without antitrust regulators’ intervention, and the European Commission is set to approve Linde and Praxair’s deal to create an industrial gas giant.
A Second Circuit refusal to revive retirement plan participants' claims accusing banks like Credit Suisse and Deutsche Bank of violating the Employee Retirement Income Security Act by rigging foreign exchange benchmarks fatally undermines an objection by those same plan participants to a $2.3 billion settlement with investors, the investors said.
Seven major fast-food chains including Carl’s Jr., Buffalo Wild Wings and McDonald's have agreed to end the practice of preventing their employees from moving among franchise locations through the use of so-called no-poach clauses, under a deal announced Thursday by Washington State Attorney General Bob Ferguson’s office.
The U.S. Department of Justice announced Thursday that it would be appealing to the D.C. Circuit after its antitrust challenge to AT&T Inc.’s $85.4 billion purchase of Time Warner Inc. was resoundingly rejected by a district court judge last month.
A California federal judge has affirmed an $8.9 million arbitration award secured by two U.S. cotton companies against an Indian yarn spinner that unsuccessfully lodged competition claims against them, shooting down the foreign company's claims that the matter shouldn't have been sent to arbitration in the first place.
Germany's antitrust enforcer announced Thursday that it had fined a number of steel companies and a trade association €205 million ($239.5 million) for fixing the prices of certain steel products for more than a decade and causing higher costs that were passed down to consumers.
Three dermatologists filed a putative antitrust class suit Wednesday in Florida accusing the American Board of Medical Specialties Inc. and the American Board of Dermatology Inc. of attempting to artificially limit the number of doctors who can perform a common skin cancer procedure by creating a subspecialty board.
German gas company Linde AG said Thursday that it's in advanced talks with its merger partner Praxair Inc. to sell off assets in North and South America in order to win over European antitrust regulators to their plan to create an industrial gas giant worth $70 billion.
New York-based 21st Century Fox secured a key regulatory approval in the U.K. for its pursuit of the portion of Sky it does not already own on Thursday, the day after it traded competing buyout offers for the British telecom giant with Comcast.
The U.K. will seek common rules with the European Union against state subsidies as well as common value-added tax procedures to ensure no new border checks after it leaves the EU, according to a government document published Thursday.
A former Barclays trader has been found guilty of plotting to manipulate a key European interest rate benchmark at a London crown court, it was revealed on Thursday, as the jury was discharged after failing to reach a verdict on three other defendants.
Three of the world’s biggest auditors have resisted U.K. lawmakers’ plans to break up the “Big Four,” warning that the move could threaten the quality of audits and saying they need large international teams to carry out their work effectively.
D.C. Circuit Judge Brett Kavanaugh racked up steep credit card debt in 2016 to pay for Washington Nationals tickets, according to Wednesday news reports and disclosures by the U.S. Supreme Court nominee that also show he coaches kids’ basketball and contributed to a law book without pay.
Major League Soccer and the U.S. Soccer Federation, facing antitrust claims from another professional soccer league, were saved Wednesday from having to go to trial mere weeks after discovery closes when a Brooklyn federal judge refused to mandate the haste that the rival claimed is necessary for a 2020 relaunch.
United Kingdom antitrust authorities announced an investigation Wednesday into the Canadian gaming company Stars Group Inc.’s just-completed $4.7 billion purchase of Sky Betting & Gaming from CVC Capital Partners in a cash-and-stock deal to create what’s billed as the world’s largest publicly listed online gaming company.
President Donald Trump's nomination of D.C. Circuit Judge Brett Kavanaugh to a seat on the U.S. Supreme Court has sent everyone scrambling to read what the jurist has written, but how about what he's said? Here, Law360 presents an interactive audio tour of four key Judge Kavanaugh arguments.
The Trump administration disbanded an Obama-era financial fraud task force on Wednesday, replacing it with another multiagency group led by the U.S. Department of Justice that targets a broader range of economic crimes — especially fraud on consumers and the government.
The Illinois federal judge overseeing multidistrict litigation over alleged manipulation of the Chicago Board Options Exchange's volatility index told investors' attorneys he'll be looking for details on team diversity and the potential for "substantive work for junior attorneys" in any lead counsel applications they submit.
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.
I found that senior members of Congress didn’t have time to mentor younger members. Lawyers — though just as busy as members of Congress — cannot afford to follow this model, says former Rep. Charles Gonzalez, D-Texas, of Ogletree Deakins Nash Smoak & Stewart PC.
Modern information technology, intelligent algorithms and production robots are strongly influencing the working world in the 21st century. This article, by attorneys at CMS Francis Lefebvre, provides an overview of the future labor market as well as the impact of artificial intelligence on labor law and tax issues.
Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.
It has been widely reported that lawyers representing Colin Kaepernick in collective bargaining arbitration proceedings with the NFL may ask the arbitrator to compel President Donald Trump to appear for deposition. The case presents interesting issues about the power of an arbitrator to compel testimony of a nonparty, say attorneys with White and Williams LLP.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.
In consumer class action settlements, cash provides the class and the court evaluating a proposed settlement with a quantitatively measurable benefit. Noncash settlements require heightened scrutiny by the court, since they are generally worth less to consumers than cash, and may benefit defendants and class counsel more than class members, says retired judge Thomas Dickerson.
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.
The U.S. Supreme Court's decision in Hall v. Hall is significant because it clarifies that parties have an immediate right of appeal following a final decision in actions consolidated under Rule 42(a). Companies that routinely face consolidation will have to be diligent in taking timely appeals, say Desiree Moore and Daisy Sexton of K&L Gates LLP.
For close observers of the Foreign Agents Registration Act, the June 8 release by the U.S. Department of Justice of over 50 FARA advisory opinions was a watershed. These opinions offer an unprecedented glimpse into how the FARA Registration Unit interprets the law, say Brian Fleming and Andrew Herman of Miller & Chevalier Chtd.
The Federal Trade Commission’s approval of Northrop Grumman’s bid to buy Orbital ATK shows that, despite a long-standing preference for structural remedies, the FTC is still willing to consider behavioral or conduct remedies to resolve potential concerns associated with vertical mergers, says Francesca Pisano of Arnold & Porter.