Competition

  • March 30, 2018

    Pa. Trading Firm Can't Ditch FERC's $42M Manipulation Case

    An Ohio federal judge on Friday refused to dismiss the bulk of the Federal Energy Regulatory Commission’s effort to enforce $42 million in penalties it levied against a Pennsylvania trading firm and some of its traders over an alleged market manipulation scam, agreeing the alleged conduct constituted improper activity.

  • March 30, 2018

    Goodwin Liu Talks Academia, Constitutional Law, Oxtail Stew

    California Supreme Court Associate Justice Goodwin Liu discusses his interest in constitutional law, the transition from academia to judgeship, and the challenges that Asian-Americans currently face in the legal industry, as well as some of his personal hobbies.

  • March 30, 2018

    Major Banks Accused Of Mexican Bond Price-Fixing

    A putative class of pension funds has filed an antitrust action against a crop of major banks including JPMorgan Chase, Barclays PLC and Deutsche Bank AG, alleging they conspired to fix the prices of Mexican government bonds that resulted in prices inflating 20 to 50 percent, according to a complaint filed Friday in New York federal court.

  • March 30, 2018

    Bridgestone, Other Tire Cos. Can’t Escape Price-Fixing MDL

    A Michigan federal judge on Thursday refused to let several tire companies, including Bridgestone Corp., duck an antitrust suit over anti-vibrational rubber parts for cars, saying the companies have failed to bat down allegations they sold the parts at inflated prices.

  • March 30, 2018

    Agilent Looks To Reacquire IP Assets Shed In Varian Deal

    Chemical analysis and diagnostics company Agilent Technologies Inc. is seeking Federal Trade Commission approval to reacquire assets it shed as part of a 2010 consent agreement that allowed the company to acquire Varian Inc., the FTC said Friday.

  • March 30, 2018

    Toshiba Memory Biz Sale Delayed Amid Antitrust Review

    Toshiba on Friday said the sale of its memory business to a group led by Bain Capital will have to wait a little longer after antitrust regulators failed to make a determination before its anticipated close by the end of March.

  • March 30, 2018

    Singapore Watchdog Pumps Brakes On Uber-Grab Deal

    Singapore’s competition watchdog has stepped into Uber’s deal to sell its Southeast Asia operations to rival ride-hailing company Grab, with the regulator revealing Friday it will investigate the merger for potential anti-competitive effects.

  • March 29, 2018

    NCAA Amateurism Suit Tees Up Conference Autonomy Debate

    Whether college athletics conferences are better suited than the NCAA to set rules for compensating student-athletes could take center stage as the college sports governing body will be forced once again to defend its amateurism rules in federal court after a ruling this week.

  • March 29, 2018

    HSBC Inks $100M Deal With OTC Investors In Libor-Rig MDL

    A class that accused several banks of manipulating the London Interbank Offered Rate asked a New York federal judge Thursday to approve a $100 million deal with HSBC Bank, bringing the total settlement amount in the case to $590 million.

  • March 29, 2018

    Cohen Milstein Waived Right To Collect $600K: Magistrate

    A Florida magistrate judge recommended Wednesday that Cohen Milstein Sellers & Toll PPLC not be allowed to collect over $600,000 in attorneys' fees from a now-settled antitrust case against a hospital group, finding the firm had voluntarily withdrawn before trial and waived its right to compensation.

  • March 29, 2018

    Libor Judge Surprises Feds With 'Thoughts' On Case

    A Manhattan federal judge overseeing the prosecution of two former Deutsche Bank traders on charges of rigging the London Interbank Offered Rate made a surprising move Thursday when she handed down not a ruling, but her "thoughts" suggesting prosecutors beef up their arguments or risk losing their case.

  • March 29, 2018

    Stock Photo Co. Says Google Search Shuts Out Non-Partners

    Google is using its search clout and advertising power to shut some companies out of the market for stock photography, according to a sweeping lawsuit in California federal court Wednesday alleging antitrust law violations and breach of contract.

  • March 29, 2018

    HP Must Face Trimmed Ink Cartridge Monopoly Suit

    Customers who received phony error messages after trying to install third-party ink cartridges in Hewlett Packard Co. printers can proceed on some consumer protection claims in their putative class action, a California federal judge ruled Thursday while also tossing a slew of claims, most with leave to amend.

  • March 29, 2018

    Comcast Exec Saps Gov't Theory On AT&T-Time Warner Union

    Comcast Cable’s content acquisition chief dealt a blow to the U.S. Department of Justice on Thursday in D.C. federal court when he said that he doesn't expect the AT&T-Time Warner merger to have an impact on his negotiating strategy.

  • March 29, 2018

    Booking Sites Agree To Nix Hotel Pricing Limits In Brazil

    Brazil’s antitrust agency said Thursday it has reached an agreement with travel booking sites Booking.com, Decolar.com and Expedia requiring them to stop using allegedly abusive clauses in their contracts with hotel chains that limit the prices hotels can charge for their rooms.

  • March 29, 2018

    Australia Questions $138M Accounting Software Deal

    Australia's competition authority said Thursday that it has concerns with software supplier MYOB's planned AU$180 million ($138.1 million) purchase of Reckon's adviser software business, saying it would leave no alternatives for mid-sized to large accounting firms in the country.

  • March 29, 2018

    Trial Court Disrespected China, Exporters Tell Justices

    Two Chinese exporters have defended the Second Circuit’s decision to toss a $147 million judgment against them for allegedly fixing vitamin C prices, telling the U.S. Supreme Court the trial court was “disrespectful” toward the Chinese government when it disregarded the country’s submissions in the case.

  • March 29, 2018

    UK Antitrust Watchdog To Form Tech Team, Readies For Brexit

    The U.K.'s Competition and Markets Authority issued an annual plan Thursday revealing a harder focus on data and digital markets and laying out the agency's strategy for navigating Britain's coming exit from the European Union, which is expected to usher in a flurry of activity for the enforcer.

  • March 29, 2018

    Japanese Watchdog Ends Merrill Lynch, Deutsche Bank Probe

    The Japan Free Trade Commission closed an investigation into alleged bid manipulation by Deutsche Bank AG and Merrill Lynch International on Thursday, announcing that the two firms had taken steps to avoid violations in the future and a five-year statute of limitations had already passed.

  • March 29, 2018

    Impax Ends Acne Drug Pay-For-Delay Suit For $20M

    Impax Laboratories Inc. on Thursday reached a $20 million midtrial settlement with a class of consumers and insurers, ending a suit in Massachusetts federal court that claimed the lab delayed the launch of a generic acne medicine in exchange for a $40 million payment.

Expert Analysis

  • An Overdue Re-Examination Of Antitrust Policy Toward SEPs

    David Teece

    Assistant Attorney General Makan Delrahim's recent speech on antitrust issues regarding standards development and patents implicating standards is promising in that, for the first time in a while, we might have an authentic innovation champion at the U.S. Department of Justice, say David Teece of Berkeley Research Group LLC and Edward Sherry of Expert Research Associates Inc.

  • Centers Of Influence Are Key To Small Law Firm Rainmaking

    Frank Carone

    In a national survey of 378 small law firms, partners ranked client referrals as the most important means of business development. Yet studies reveal that while professional services providers obtain most new clients from existing client referrals, their best new clients — the ones providing the largest pool of investable assets — overwhelmingly come from “centers of influence,” says Frank Carone, an executive partner at Abrams Fensterman.

  • Possible Turning Point For Resale Price Maintenance In China

    Huang Wei

    Recently, for the first time ever, a court in China directly and explicitly held that the enforcement approach adopted by the Chinese antitrust enforcement agencies toward resale price maintenance practices is consistent with laws, say attorneys with Tian Yuan Law Firm.

  • Feature

    From Law Firm To Newsroom: An Interview With Bob Woodruff

    Randy Maniloff

    Lawyers who have left the traditional practice for perceived greener pastures are many. But the circumstances surrounding broadcast journalist Bob Woodruff’s departure are unique. Like none I’ve ever heard, says Randy Maniloff of White and Williams LLP.

  • Series

    Judging A Book: Kendall Reviews 'On The Jury Trial'

    Judge Virginia Kendall

    As someone who spent half her days last year on the bench presiding over trials, I often find the alarmist calls to revamp the jury trial system a tad puzzling — why is making trial lawyers better rarely discussed? Then along comes a refreshing little manual called "On the Jury Trial: Principles and Practices for Effective Advocacy," by Thomas Melsheimer and Judge Craig Smith, says U.S. District Judge Virginia Kendall of the Northe... (continued)

  • Kaepernick's Suit Against NFL: An Academic Exercise?

    Drew Sherman

    Because it is difficult to prove collusion, Colin Kaepernick's recent grievance against the NFL and its teams is being discussed, in some legal circles, as an academic exercise intended to cause change on a greater scale above and beyond the remedies personally available to him, says Drew Sherman of ADLI Law Group.

  • Do I Need New Trial Counsel? 9 Questions To Ask

    Russell Hayman

    Initial selection of defense counsel is usually made at the outset of litigation, long before it is known whether the case may actually proceed to trial. Attorneys with McDermott Will & Emery discuss questions in-house lawyers should consider when deciding whether their litigation counsel should remain lead trial counsel in a case proceeding to trial.

  • 10 Antitrust Developments And Trends To Watch In 2018

    Dee Bansal

    Expect to see antitrust developments in 10 areas this year, including continuing scrutiny of vertical mergers, no-poach agreements and conduct by pharmaceutical companies, say attorneys with Cooley LLP.

  • And Now A Word From The Panel: 2017 MDL Year In Review

    Alan Rothman

    Last year, the Judicial Panel on Multidistrict Litigation ruled on the fewest MDL petitions and created the fewest new MDL proceedings in decades. But the panel's schedule for this week's hearing session suggests 2018 may be different, says Alan Rothman of Arnold & Porter Kaye Scholer LLP.

  • Lessons From President Trump's Failed Judicial Nominations

    Arun Rao

    On Tuesday, the Trump administration announced 12 new judicial nominations. We will soon discover whether these candidates learned from the mistakes of the three nominees forced to withdraw in December after bipartisan concerns arose over their qualifications, says Arun Rao, executive VP of Investigative Group International.