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.
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.
Micron Technology Inc. was smacked with a class action suit Friday which alleged the company fixed the prices of its semiconductor computer memory product and artificially inflated the company’s stock.
At the end of the month, the competition group at White & Case will head to the courtroom for a hearing in one of the most-watched antitrust cases in recent memory. Representing Microsoft Corp. in the myriad of allegations lodged against the company, White & Case will rely on its transatlantic capabilities to defend the multinational computer giant.
Two European chemical companies are slated to collectively shell out more than $72 million in criminal fines after pleading guilty to allegations that the companies participated in international price-fixing cartels in the hydrogen peroxide and sodium perborates industries, according to the Department of Justice.
Marsh & McLennan Cos., the globe’s biggest insurance brokerage, has reached a deal with California investigators concerning the company’s controversial commission practices and alleged fraudulent activity.
Siding with Northwest Airlines Corp., a federal bankruptcy judge has stayed a long-standing antitrust class action lawsuit brought against the struggling carrier, unconvinced that the litigation merits the disruption of Northwest’s ongoing reorganization efforts.
A European Commission investigation into possible trade restriction by BMW AG and General Motors Corp. has led the automakers to allow their dealers to sell and service other brands.
As part of an ongoing effort to simplify state aid rules, the European Commission has proposed easing the regulations that control subsidies for small companies.
Senior oil executives are set to testify before the Senate Judiciary Committee on Tuesday about high oil and gas prices and competition in the industry, which are key parts of legislation proposed by Committee Chairman Arlen Specter, R-Pa.
With the takeover plans moving full steam ahead, medical device maker Boston Scientific Corp. has voluntarily withdrawn and refiled an antitrust notification regarding its $27 billion bid for heart device maker Guidant Corp.
In the latest step in its litigation practice expansion, Gibson, Dunn & Crutcher LLP has netted seasoned litigator Jim Walden to join its New York office as a partner in the firm's Business Crimes and Investigations Practice Group and Antitrust and Trade Regulation Practice Group.
Although the name McDermott Will & Emery may be new in Brussels, the fourth name in the firm’s moniker, Stanbrook, is familiar to competition lawyers across Europe. McDermott combined with boutique competition firm Stanbrook & Hooper in 2004, gaining a wealth of experience and an extensive client list.
New York State Attorney General Eliot Spitzer is apparently close to wrapping up discussions with U.S. and foreign insurers and brokers who have come under scrutiny during a two-year fraud and bid-rigging investigation.
In a warning directed at stock exchanges and securities firms, European Union regulators said Tuesday that they would file antitrust lawsuits and impose new regulations unless the financial industry eliminates obstacles to competition in cross-border trades by July.
Gaz de France SA and Suez SA, the French energy companies currently involved in a blockbuster merger, will have to sell off some of their Belgian businesses to prevent monopolizing the country’s energy market, Belgium's prime minister said Wednesday.
Germany’s Lufthansa Airlines has agreed to cooperate with the international probe into the air cargo industry, in a move that could eventually win the carrier immunity from prosecution in connection with antitrust allegations.
Financial industry representatives told the Senate Banking Committee on Tuesday that Congress should increase oversight of credit-rating firms and enact legislation in order to foster greater competition.
In a confidential filing with the European Commission, software groups have accused Microsoft Corp. of setting out a “poisoned honeypot” by offering open source code in the antitrust litigation that has ensnared the software giant.
A long-running feud between biotech giant Monsanto Co. and Argentina over royalty payments on genetically modified Roundup Ready soybeans has reached a boiling point, prompting the country to solicit intervention by the European Commission.