The multidistrict litigation over alleged price-fixing of generic drugs recently consolidated in Pennsylvania’s Eastern District has the potential to emerge as one of the thorniest court fights in the country, and some observers have raised concerns that the numerous defendants could make it harder for individual companies to avoid getting more deeply embroiled in the litigation.
Hawaiian Airlines Inc. has been accused of violating antitrust laws by using its bankruptcy proceedings to prevent a low-cost competitor from entering the carrier’s regional stronghold—the Hawaiian state’s popular inter-island market.
The Zurich American Insurance Company agreed to shell out $171.7 million as part of a settlement deal with Texas and a host of other states, putting an end to charges that it engaged in commercial insurance bid-rigging and price-fixing.
Fresh off a five year stint at the Federal Trade Commission, Susan Creighton has returned to her old firm, Wilson Sonsini Goodrich & Rosati, to rejoin the ranks as a partner in the antitrust division.
European Competition Commissioner Neelie Kroes will submit new rules involving state aid aimed at increasing research and development funding for smaller companies in an effort designed to encourage more competition across the continent.
Belgian Prime Minister Guy Verhofstadt, worried that the impending merger between French utilities Gaz de France SA and Suez SA would dominate his country’s energy market, has asked the European Competition Commissioner Neelie Kroes to investigate the matter.
With the Department of Justice issuing more subpoenas to chemical companies this week, the latest requests suggest that the DOJ’s amnesty program has become an increasingly effective tool in antitrust investigations, one expert speculates.
A vast overhaul of European competition law could radically change the way antitrust cases are being prosecuted. But incongruous legal traditions and skimpy enforcement resources are putting a damper on the ambitious project, experts warn.
A debate over the stronghold in the online music industry held by Apple Computer Inc.’s iPod and iTunes is heating up in France, where lawmakers have proposed a bill that would give the company’s rivals access to its exclusive file formats. The move threatens to force Apple out of France—the third-largest digital music market in Europe.
As a pure "merger shop," Skadden Arps' Brussels office has chosen a different business model than most of its U.S. counterparts in the Belgian capital.
Last month’s dawn raid has put the $60 billion air cargo industry on notice, with experts suggesting the defendants could face fines of hundreds of millions of dollars. But proving a global conspiracy to fix prices won’t be an easy task for U.S., European and Korean antitrust authorities.
A long-running class action antitrust case concerning the listing of options for trading on national exchanges is slated to settle for more than $43 million.
The European Commission has affirmed that merger laws give it the authority to review the proposed takeover of Spain’s Endesa SA by Germany’s E.On AG. The same laws had prevented the EC from reviewing the proposed merger of Endesa and Barcelona-based Gas Natural last year.
As increased European Commission scrutiny of competition law violations have companies scrambling for antitrust representation, the Brussels office of Hogan & Hartson has taken the opportunity to beef up its practice group, adding partner John Pheasant to its roster.
U.K. airline easyJet PLC halted flights from Paris to Ajaccio on Thursday, suggesting that French authorities have blocked their planned service in the interest of protecting the market domination currently enjoyed by Air France-KLM and the Corsican airline CCM.
Cutting its ties from a string of antitrust lawsuits that have dragged on since 2003, Toyota Motor Sales USA has decided to pony up $35 million to resolve approximately 75 pending suits alleging the company colluded with other auto makers to block U.S. customers from seeking lower prices in Canada.
Amid a growing sensitivity to energy prices and national protectionism across the continent, the first full debate on whether the European Union should adopt a bid by the European Commission to instate a single regulator to oversee the country’s €250 billion electricity and natural-gas markets has left energy ministers divided.
Setting the course for a drawn-out and costly battle, the United States and the European Union have deadlocked in an ugly dispute over government subsidies to two airplane manufacturers before the World Trade Organization, prompting the WTO to formally suspend the original July deadline for the investigation’s completion.
One of the most recent additions to the competition law practices in Brussels, Latham & Watkins has drawn on the diverse experience of its attorneys to quickly build a sought-after team.
A persistent legal battle plagues Abbott Laboratories one year after the company resolved a patent dispute with Israeli drug maker Teva Pharmaceutical Industries Ltd., which has accused Abbott of antitrust violations over its blockbuster cholesterol treatment TriCor.
A European Union court has slashed fines that had been imposed on the world’s largest chemical company, BASF AG, for its role in illegal vitamin cartels, ruling that regulators failed to prove the company's role as a cartel ringleader.