Antitrust legal eyes are glued to the first U.S. Department of Justice court challenge to a purely vertical merger since the 1970s, a deal AT&T and Time Warner say they need just to stay competitive but which the government says will drive up consumers' TV bills by hundreds of millions of dollars. Here, Law360 looks at how we got here, the key issues to watch and the highlights of the trial so far.
A parliamentary committee called Monday for the U.K. to take the lead in the ethical development and deployment of artificial intelligence, urging the country's insurance, financial services and competition authorities to keep watch on the technology's increasing presence.
The annual Law360 400 ranks the largest U.S.-based law firms and vereins with a U.S. component by domestic attorney headcount.
These firms saw double-digit growth in 2017 — one hire at a time. Here, their leaders tell Law360 of their varied approaches to attracting top talent.
The biggest of BigLaw are widening the gap between themselves and their rivals, as firms of all sizes grapple with fluctuating demand and seek out their place in the legal landscape.
A California federal judge Friday blocked Chinese smartphone maker Huawei from enforcing an injunction it won in China ordering Samsung to stop making or selling devices that infringe two patents, finding that the injunction could render simultaneous U.S. proceedings meaningless.
The last week has seen Libya's sovereign wealth fund launch a fraud suit against JPMorgan, shippers sue a specialty underwriter, and the arrival of a UBS case against an Indian beverage magnate fighting extradition to face charges related to the collapse of his airline. Here, Law360 looks at those and other new claims in the U.K.
Acting Federal Trade Commission Chairman Maureen K. Ohlhausen defended the agency's record under the new presidential administration on Friday, arguing that despite obstacles, the commission has remained extremely active and represents a rare "example of bipartisan accomplishment."
Major distributors of dental supplies failed to extract themselves from an antitrust suit on Thursday when a New York federal judge found reason to believe they colluded to boycott supporters of a lower-cost rival.
In another U.S. Supreme Court first, the government of China will participate in oral arguments as an amicus trying to uphold a Second Circuit decision that nixed a $147.8 million price-fixing judgment against Chinese vitamin C exporters, the high court said Friday.
Indirect buyers of Aggrenox told a Connecticut federal judge Friday that attorneys who represented the putative class alleging that Teva Pharmaceutical and Boehringer Ingelheim blocked generic alternatives to the stroke-prevention drug from coming to the market should get $18 million of the proposed $54 million settlement.
A Colorado federal judge ruled Thursday that two companies auctioning drilling assets in Utah failed to present any evidence at trial that an oil and gas exploration company convinced a competitor majority-owned by the Ute Tribe to stay out of bidding in what would become a $308 million sale in 2011.
Federal Communications Commission Chairman Ajit Pai swiftly squelched calls by Democratic senators for an investigation into Sinclair Broadcast Group Inc.’s fitness to hold airwaves licenses, writing in a Thursday letter that probing the company’s holdings due to controversial news content would jeopardize free speech.
The head of the U.K.’s antitrust enforcer said Friday that recent reviews of the watchdog’s past merger decisions have not painted a “great picture,” turning up aging behavioral remedies and overly optimistic views of how competition would play out in dynamic markets — forcing the agency into the regulation business in the process.
The U.S. Department of Justice’s antitrust chief said Friday the division remains as “active and aggressive” as ever despite the drop in criminal cartel cases brought last year, saying the agency would even go so far as to try to recover taxpayer dollars lost to price-fixing and other conduct.
In this monthly series, legal recruiting experts at Major Lindsey & Africa interview law firm management about navigating an increasingly competitive business environment. Here we feature Gillian Ward, chief marketing officer at Baker Botts LLP.
Air passengers asked the full Eleventh Circuit on Friday to revisit a recent decision rejecting multidistrict litigation alleging Delta and AirTran Airways colluded to institute a first checked baggage fee, saying the panel wrongfully created a template for lawful collusion by ruling in favor of the airlines.
The U.S. Department of Justice would consider using its prosecutorial discretion to decide against prosecuting companies for participating in cartels if the watchdog concluded that a foreign jurisdiction’s penalties addressed the problem under certain conditions, a high-level criminal antitrust official said Friday.
AT&T and Time Warner sought Thursday to eviscerate every part of the economics of the U.S. Department of Justice challenge against their merger in D.C. federal court, presenting their own expert witness to systemically criticize virtually every conclusion, and every unconsidered variable, to come from his counterpart.
Current and former antitrust officials talked at an ABA conference Thursday about the drop in U.S. antitrust lawsuits, the EU’s plan to introduce best practices to reduce the document production burden in merger reviews and why the antitrust bar may need to come to terms with the impact eliminating redundancies during mergers has on jobs. Here's a look at a few hot topics that got panelists going.
Under Chairman Ajit Pai, the Federal Communications Commission has set an aggressive agenda of relaxing or wholly scrapping rules intended to limit the influence of nationwide broadcasters and to keep media consolidation at bay.
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 recently introduced Music Modernization Act has received widespread support from most parts of the industry and would be an improvement over the status quo. However, the MMA reinforces many of the long-standing aspects of music licensing that hinder competition, say Thomas Lenard of the Technology Policy Institute and Lawrence White of the NYU Stern School of Business.
Although the lack of racial and gender diversity among the ranks of the majority of both midsized and top law firms is a major issue, it’s past time to shed light on the real problem — inclusion, or lack thereof, says Marlen Whitley of Reed Smith LLP.
While the recent settlement between SolarCity, a unit of Tesla, and the Salt River Project Agricultural Improvement and Power District leaves the legal question regarding the merits of SolarCity’s claims unanswered, from an economics perspective it's clear that discriminatory pricing structures implemented under the guise of “cost recovery” can snuff out nascent competition, says Andrew Lemon of Compass Lexecon.
Despite the Trump administration's desire to shut down the Legal Services Corp., thankfully the budget that Congress passed and the president signed into law last week has restored $410 million of funding to the legal aid organization. An unlikely brief for preserving LSC may be found in the quirky Denzel Washington film "Roman J. Israel, Esq.," says Kevin Curnin, immediate past president of the Association of Pro Bono Counsel.
In order to enable lawyers to best meet cybersecurity challenges, state bars should pass rules that adopt a cybersecurity framework to be developed by a national committee, says Shaun Jamison, associate dean of faculty and professor at Purdue University's Concord Law School.
To many young attorneys, becoming an equity partner shows a firm's long-term commitment, meaning job security and a voice in important firm matters. However, the industry has changed and nowadays it may not be better to enter a new firm as an equity partner, says Jeffrey Liebster of Major Lindsey & Africa.
In his new book, "Without Precedent: Chief Justice John Marshall and His Times," professor Joel Richard Paul ably explains more than a dozen of Marshall’s most significant opinions, which comes as no surprise. What is a surprise — a pleasant one — is the book's readability, says Judge Thomas Hardiman of the Third Circuit.
Hardly a moment passes without another shot fired in the many high-profile fights between the U.S. and China over trade, intellectual property and antitrust. In this area, there is a problem and solution too often overlooked by commentators and business leaders, says Scott Kieff, a principal at McKool Smith PC and former commissioner at the U.S. International Trade Commission.
For law firms structured as corporations, a lower maximum corporate tax rate and repeal of the corporate alternative minimum tax are good news. But many law firms are pass-through entities, so deduction limitations mean they'll see less benefit from the new tax law, says Evan Morgan of CPA and advisory firm Kaufman Rossin PA.
Since passage of the Trump tax plan last year, companies have been touting bonuses they’ve handed down to rank-and-file employees. This highlights the trend of employers favoring bonuses over pay raises in the belief that variable, short-term rewards are less risky to the business than permanent increases in labor costs. But law firms have used this strategy for years — and there are dangers, says Michael Moradzadeh of Rimon PC.