A high-stakes case at Britain’s highest court that ended in defeat for top poker player Phil Ivey is a seismic ruling with huge ramifications for criminal law and individuals accused of fraud, lawyers say, as it hands more power to prosecutors ahead of several major trials where bankers stand accused of rigging rates and markets.
The chairman of the Senate Judiciary Committee said Wednesday he would introduce legislation to ban so-called reverse payments, saying deals between branded and generic drug makers delay cheaper drugs and cost consumers billions of dollars.
After a six-year investigation, staff members at the European Union have reportedly asked Competition Commissioner Neelie Kroes to ready formal charges against microprocessor giant Intel Corp. for its alleged unfair business practices.
The Illinois attorney general has joined an ongoing lawsuit against several Chicago-area radiology centers that paid illegal kickbacks to referring doctors, unsealing the case and revealing the scope of the scheme to the public.
Europe’s top energy commissioner has issued a fresh warning that France, which has opposed calls to quell anti-competitive practices in the energy sector through unbundling, will not be exempt from separating production from distribution networks.
As Congress hears arguments on so-called authorized generics, a new report by the Federal Trade Commission reveals what the antitrust watchdog calls a worrisome rise in cozy deals between generic and brand drug makers.
Wilson Sonsini Goodrich & Rosati has expanded its core practices in securities, intellectual property, antitrust and other areas of law on the East Coast with the opening of a new office in Washington D.C.
In a move that should help it deal with the growing number of European antitrust lawsuits, Heller Ehrman LLP announced Tuesday that it would open a London office this spring.
The European Union has cleared another hurdle on the track to deregulating energy markets, after the German government dropped its opposition to the E.U.'s plan.
The proposed takeover of Spanish energy company Endesa SA by German utility E.On AG inched closer to completion on Tuesday after a Madrid regional court lifted an injunction blocking a bid by Gas Natural.
With South Korea facing an economic downturn, its antitrust regulator may reduce the amount of fines companies have to pay for price fixing and other illegal activities.
Australia’s telecommunications giant Telstra has accused the country’s consumer watchdog of abusing its regulatory powers and breaching the constitution.
Eliminating interchange fees on credit cards transactions in Europe could spell the death of the European Union’s plans to create a convenient, cross-border payment system for companies and consumers, Visa Europe said Monday.
Hoping to keep more national football teams rooted in their cities, Sen. Dianne Feinstein (D.-Calif.) has proposed a bill to exempt the National Football League from certain antitrust laws, giving it veto power on a franchise’s plan to relocate.
The United Kingdom’s Office of Fair Trade has asked for public comment to help it determine whether the British Sky Broadcasting Group’s acquisition of ITV shares should be considered a merger, and will negatively affect competition in the U.K. television market.
The representative plaintiff in one of many antitrust cases brought against Chinese vitamin C makers alleging price-fixing has filed a motion to partially dismiss charges against one of four defendants after two years of litigation.
In a victory for aspiring lawyers, an antitrust lawsuit against Thomson Corp. will go forward after a ruling in Manhattan on Thursday, in which the owner of the Westlaw legal research service was told to prove it didn’t illegally force sales of its study materials.
In a step that moves Europe closer to a comprehensive system for civil antitrust litigation, the European Commission is preparing a research study on the economic impact of court-awarded damages.
Dutch insurance provider ING Groep NV has been hit with a lawsuit alleging the company took kickbacks from mutual fund companies in exchange for promoting certain funds.
Just one day after Spain’s highest court greenlighted the takeover of Spain’s Endesa SA by German utility E.On AG, the proposed merger encountered fresh troubles, with the Spanish stock market regulator CNMV revealing that E.On has called for a probe into possible collusion between Endesa and Spanish energy and construction firm Acciona SA.
A judge has dismissed a lawsuit brought by the owners of a New York City movie theater alleging that a giant theater chain unfairly controlled the market through its booking practices.