Competition

  • March 15, 2006

    Abbott Bids To Toss Antitrust Charges Over TriCor

    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.

  • March 15, 2006

    BASF, Daiichi Vitamin Cartel Fines Slashed By E.U. Court

    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.

  • March 14, 2006

    Suit Claims Micron Engaged In Price-Fixing Scheme

    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.

  • March 20, 2006

    Brussels Snapshot: White & Case

    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.

  • March 14, 2006

    Solvay, Akzo Nobel Fined $72M For Chemical Cartels

    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.

  • March 14, 2006

    Insurance Giant Settles California Investigation

    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.

  • March 14, 2006

    Judge Shelves Antitrust Suit Against Northwest

    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.

  • March 13, 2006

    BMW, GM Change Policies After EC Launches Probe

    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.

  • March 13, 2006

    EC Eases Subsidy Rules For Small Companies

    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.

  • March 13, 2006

    Oil Execs To Fuel Debate Over Antitrust Bill

    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.

  • March 13, 2006

    Boston Scientific Curiously Withdraws Then Refiles

    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.

  • March 13, 2006

    Gibson Dunn Lures White-Collar Crime Expert To NYC

    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.

  • March 17, 2006

    Brussels Snapshot: McDermott Will & Emery Stanbrook

    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.

  • March 13, 2006

    Spitzer Finishing Up Talks In Bid-Rigging Suit

    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.

  • March 8, 2006

    E.U. Calls For Lower Costs Of Cross-Border Share Trades

    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.

  • March 8, 2006

    Monopoly Concerns Raised In French Energy Merger

    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.

  • March 8, 2006

    Lufthansa To Cooperate With Air Cargo Probe

    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.

  • March 7, 2006

    Rating Agencies Need Competition, Congress Told

    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.

  • March 8, 2006

    Rivals Say Microsoft Acting Unfairly In Antitrust Case

    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.

  • March 7, 2006

    Argentina Bids For E.U. Help In Monsanto Roundup Row

    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.