Competition

  • January 8, 2007

    E.U. Says Luxembourg Stalling On Telecom Rules

    The European Commission has sent Luxembourg a second reasoned opinion regarding the nation’s telecommunications markets, detailing the steps Luxembourg must take to comply with a 2003 court ruling.

  • January 8, 2007

    Paint Giants Win Approval Of $39M Settlement

    Sherwin-Williams Co. and PPG Industries Inc. have gotten a federal judge’s preliminary approval to shell out a combined $39 million to settle an antitrust suit that accused the defendants of participating in a price-fixing conspiracy for automotive refinishing paint.

  • January 5, 2007

    Antitrust Probe May Sting E.U. Energy Firms

    As European Union regulators prepare to make public the results of a long-running probe into the energy sector, Europe’s largest energy companies may be the subject of a renewed crackdown after early reports revealed the inquiry found evidence of anti-competitive practices.

  • January 5, 2007

    Graphics Chip Makers Hit By New Class Action

    A fresh class action has taken aim at Nvidia Corp., ATI Technologies Inc. and Advanced Micro Devices Inc., just a few weeks after the three graphics chip companies were slammed with five class actions over alleged anti-competitive activities.

  • January 5, 2007

    Italian Regulator Reduces Fines For Oil Cos.

    Noting an error in calculation, Italian antitrust regulators have altered the fines leveled against jet fuel providers Shell and Total in 2005 for allegedly engaging in anti-competitive behavior.

  • January 8, 2007

    Compass Continues Expansion With L.A. Office

    Not long after pulling in four former chief economists, Competition Policy Associates (Compass) is continuing to grow with the establishment of a new office in Los Angeles.

  • January 4, 2007

    General Dynamics Finds Buyer For Disputed Assets

    Defense contractor General Dynamics Corp. has found a buyer for its 50% stake in American Ordnance LLC, which the Federal Trade Commission forced it to divest to go through with its $275 million purchase of SNC Technologies Inc.

  • January 4, 2007

    DOJ To Score $7M In Credit Card Settlement

    In a move that may resolve a drawn-out dispute stemming from a 2003 billion-dollar settlement fund in an antitrust class action against Visa USA Inc. and MasterCard International Inc., the U.S. Department of Justice has reached a proposed settlement with a class of merchants and the credit card giants.

  • January 4, 2007

    Duane Morris Wants Another Trial Against McKesson

    Duane Morris LLP wants a new trial against healthcare bigwig McKesson Corp., because, it claims, there is no longer a conflict between its representation of McKesson subsidiaries in a bankruptcy case and its role in a competition suit against the company.

  • January 4, 2007

    Power Supply Merger Raises Competition Concerns

    Australia’s competition watchdog said Thursday it would not speculate on reports it could block a proposed $13.3 billion merger between AGL Energy and Origin Energy.

  • January 4, 2007

    Mergers Face Challenges With Democrats In Charge

    The newly controlled Democratic Congress, which came into power Thursday, may not have any legal authority over high-profile mergers. But it is expected to put more pressure on the Department of Justice and other government agencies, making divestitures and even merger rejections more likely in the telecommunications, media and airline industries.

  • January 4, 2007

    StorageTek Settles Copyright, Antitrust Case

    Data storage company Storage Technology Corp. agreed to a pay out an undisclosed sum Tuesday to settle antitrust charges brought by the same rival it filed a copyright and patent infringement suit against four years ago.

  • January 4, 2007

    Qualcomm Faces Deeper Antitrust Probe

    Besieged by mounting allegations of anti-competitive practices, U.S. technology company Qualcomm is now the subject of a full-scale investigation by South Korea’s antitrust watchdog.

  • January 3, 2007

    Private Equity Firms Face Lawsuit, Probes

    Private equity firms may have had a record year in 2006, but at least 13 of the most prominent firms are now facing a proposed class action lawsuit over alleged antitrust and securities violations.

  • January 3, 2007

    Supreme Court Fills Schedule With Antitrust Cases

    For much of its history, the Supreme Court has granted cert to at most one or two antitrust cases a year. But 2007 is turning out different, as the Court already has at least four competition cases on its schedule, with the possibility of more to come.

  • January 3, 2007

    RICO, Antitrust Charges Added To Healthcare Suit

    United Healthcare Corp. will have to add federal racketeering and antitrust charges to its list of legal woes now that a judge has allowed class action plaintiffs to tack the additional charges onto an ongoing suit.

  • January 3, 2007

    Abbott E-Mails Could Affect Patent Evergreening Suits

    While efforts by pharmaceutical companies to protect market share have always drawn the scrutiny of regulators, recently uncovered documents from Abbott Laboratories have cast a new light on some of these questionable tactics.

  • January 3, 2007

    Insurer Agrees To Halt Contingent Commissions

    The St. Paul Travelers Companies Inc. has agreed to stop paying contingent commissions to insurance agents and brokers, according to Connecticut Attorney General Richard Blumenthal, who has been fighting the illegal bid-rigging practice.

  • January 3, 2007

    Developer Says Seminole Buyout Of Hard Rock Rigged

    The takeover of Hard Rock Café International USA by the Seminole Tribe of Florida has raised the ire of another would-be suitor, which filed a lawsuit on Friday alleging that the bid was rigged.

  • January 2, 2007

    FTC Intervenes In Defense Contractor Merger

    The Federal Trade Commission has approved General Dynamics Corp.’s $275 million purchase of SNC Technologies Inc., though it also forced the defense contractor to sell its 50% stake in American Ordnance LLC.