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.
A cocaine-based anesthetic that has been on the market since at least 2008 never received U.S. Food and Drug Administration approval, though generic-drug maker Lannett Co. Inc. has led buyers to believe otherwise, according to a suit filed Tuesday in a California federal court.
The U.K.’s competition watchdog said Wednesday that Thermo Fisher Scientific Inc. must address concerns that the company's $925 million planned purchase of Roper Technologies' electron microscopes services business may increase prices for university and other U.K. consumers who use electron microscopes.
Apple Inc. lost a bid to claw back documents it said were mistakenly disclosed during the discovery phase of a patent suit against competitor Qualcomm Inc., when a California federal judge upheld a magistrate’s ruling that the company had waived its right to keep the documents private.
Two Japanese capacitor makers have agreed to shell out $108 million with an additional $12 million contingency to settle claims by a direct buyer class in sprawling multidistrict litigation alleging that dozens of overseas manufacturers plotted to boost the price of the electronic component over the course of a decade.
An Illinois federal judge Tuesday approved Entwistle & Cappucci LLP as lead counsel and Moirano Gorman Kenny LLC as liaison counsel in a proposed class action filed in September alleging Tribune Media officials hid the impending collapse of a $3.9 billion merger with Sinclair Broadcasting.
Regulators and the government should take firmer enforcement action in financial services markets over the next year to stop companies from overcharging long-standing customers, including instituting price caps and naming and shaming businesses that didn't shape up, the Competition and Markets Authority said Wednesday.
A European travel group whose members include Trivago NV, Expedia Group and Booking.com called on the bloc’s antitrust arm Wednesday to launch an overdue investigation into the group's claims that the German airline Lufthansa wields its dominance to cut other ticket sellers from the market.
Sprint and T-Mobile have notched approval from U.S. national security officials to proceed with their proposed merger, clearing a hurdle that could have impeded the Federal Communications Commission's recently restarted review of the deal.
A Kansas federal court has appointed a special master to settle a discovery dispute between Mylan and Sanofi in multidistrict litigation over EpiPen price hikes after the companies failed to sort out their disagreements over more than 2,000 documents on Sanofi’s privilege log.
Celgene Corp. urged a New Jersey federal judge Tuesday to reject Mylan Pharmaceuticals Inc.’s bid to add three consumer witnesses in its antitrust case against Celgene over cancer drugs Thalomid and Revlimid, or at least sanction Mylan through attorneys’ fees and costs in connection with additional discovery related to the witnesses.
The past year was a lively one on the multidistrict litigation docket as major MDLs over the opiate crisis and the Equifax data breach got up and running, while cases concerning a Monsanto weedkiller and a common hospital technology revved for early bellwether trials.
A California federal judge told parties at the close of a landmark antitrust bench trial over athlete pay limits Tuesday that it seems "pretty clear" that the NCAA committed an antitrust violation, but she questioned how it could be quantified and appeared wary of million-dollar bidding wars over college athletes.
U.S. Sen. Elizabeth Warren, D-Mass., on Tuesday introduced a bill that would allow the U.S. Department of Health and Human Services to make and sell some generic drugs, particularly insulin, in the hopes of making them affordable for consumers.
Comcast Corp. has received support from the U.S. Chamber of Commerce and the right-leaning Washington Legal Foundation in its Seventh Circuit fight against a $75 million antitrust suit over ad sales, with both organizations arguing the cable provider's actions only demonstrate rational business decisions.
A D.C. federal judge took U.S. Justice Department lawyers to task for a second time Tuesday over their court filings as they seek final approval of the multibillion-dollar merger of CVS and Aetna, calling their tone "unnecessarily defensive."
The Federal Trade Commission won its bid to exclude testimony from a Qualcomm expert who crafted his opinion out of documents the chipmaker submitted too late, a California federal judge has ruled just a few weeks before the agency’s antitrust trial is set to kick off.
Switzerland’s competition authority has closed an investigation into the launch of Apple Pay in the country after the tech giant agreed to take steps to make sure its rollout of the program doesn’t interfere with a similar app used by Swiss banks at cash registers.
A California federal jury has found that Korean ramen companies were not liable for price-fixing, following a rare antitrust class action jury trial that lasted well over a month.
A recent speech by the head of the U.S. Department of Justice’s Antitrust Division suggesting that injunctions based on standard-essential patents should be more readily available could embolden owners of such patents in litigation, but it’s not clear that courts will follow his lead on the issue, attorneys say.
Panasonic Corp. and several other electronics companies will pay more than $33 million to indirect buyers of resistors used in common electronic devices under the terms of proposed antitrust settlements filed in California federal court.
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.
While testifying before the Senate's antitrust subcommittee earlier this month, the chairman of the Federal Trade Commission and the head of the U.S. Department of Justice Antitrust Division provided additional detail about several of the agencies’ initiatives, say attorneys with Paul Weiss Rikfind Wharton & Garrison LLP.
This special series examines the legal, strategic and economic dimensions of the Trump administration's trade agenda, and assesses what the recent shifts in U.S. trade policy may mean for the country and for the established system of international commerce.
The tech industry is now at the center of policies designed to protect U.S. technology from foreign access and influence — including not only restrictions on foreign investment, but also supply chain exclusions, limits on academic research, curbs on third-country technology transfers and measures against foreign control of key raw materials, says Hdeel Abdelhady of MassPoint Legal and Strategy Advisory PLLC.
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
The Democratic Party is expected to take control of the House of Representatives next year, which will dramatically increase the congressional investigations risks for the private sector. Prime targets include pharmaceutical, financial services and technology companies, says Brian Smith of Covington & Burling LLP.
The inner workings of the Trump economics and trade team remain foggy, but the administration's trade strategy can be discerned from the public statements of the president and his advisers. Unpredictability, mercantilism, bilateralism and a willingness to accept collateral damage are among the most important patterns, says Charles Skuba of Georgetown University’s McDonough School of Business.
A U.S. Supreme Court ruling in Varela v. Lamps Plus that the Federal Arbitration Act displaces contractual interpretation rules likely would vacate the Eleventh Circuit's recent JPay decision, says James Bogan of Kilpatrick Townsend & Stockton LLP.
In the next installment of this series examining the dimensions of the Trump administration's trade agenda, Erica York of the Tax Foundation discusses how the economic harm caused by tariffs could slow or offset the economic and employment benefits of tax reform.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
Increasing tariffs, new scrutiny of foreign investments in U.S. companies, and export controls over “emerging and foundational” technology are part of a Trump administration strategy to advance national security objectives using economic tools. These measures are ushering in a new era of trade restrictions, say attorneys with Kirkland & Ellis LLP.