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.
Intel Corp. filed a motion to dismiss allegations of overseas misconduct in the antitrust case brought by Advanced Micro Devices Inc., in a move that an AMD executive characterized as an attempt to evade responsibility for illegal conduct and stifle competition.
The European Commission said Thursday that it has charged a number of makers of heavy electrical equipment for price-fixing and working in an alleged cartel.
While Boeing Co.’s Chief Executive Jim McNerney spoke of progress this week in the out-of-court dialogue between the United States and the European Union, which are currently sparring before the World Trade Organization over public aid to airline manufacturers, parties close to the dispute say talks of negotiations are, for now at least, just talk.
Less than a month after a federal judge ordered Washington state to stop enforcing key parts of its system governing liquor sales and distribution, the Washington State Liquor Control Board is planning to appeal the ruling, saying the judge ruled incorrectly when she placed federal laws ahead of the state's right to regulate alcohol.
The proposed marriage of generic drug makers Watson Pharmaceuticals Inc. and Andrx Corp. has drawn new attention from the Federal Trade Commission, which issued a second request for information in order to study possible antitrust concerns.
Putting out a fire in one part of the world, besieged Microsoft Corp. has settled a class action on behalf of California government agencies for $70 million over claims of monopoly overcharges.
European Union antitrust regulators will wield their legal might to force open the electronic payments industry to competition, but only if companies fail to police themselves.
Just one week after clearing German utility E.On’s bid for Spanish energy company Endesa, the European Commission has launched an investigation into an effort by the Spanish government to extend the powers of its electricity and gas regulator.
The European Commission has imposed fines of €388 million on seven of nine companies, including some of the biggest names in the global chemical industry, found guilty of running a bleaching chemicals cartel between 1994 and 2000.
The antitrust lawsuit against media ratings firm Nielsen Media Research Inc. may expand to engulf its parent company, VNU NV, only months after the Dutch media conglomerate settled drawn-out allegations of anti-competitive behavior and contract bundling.
Three attorneys have left Sheppard Mullin Richter & Hampton LLP and opened up shop literally right next door, founding a boutique firm that will focus on antitrust law and Department of Justice regulatory issues.
In the latest legal battle over computer memory chips, technology firm Honeywell International Inc. is taking aim at Hynix Semiconductor Inc., charging in an antitrust lawsuit filed late last week that the South Korean company and a slew of other semiconductor makers owe damages for their involvement in a memory chip price-fixing scheme uncovered by the U.S. Department of Justice.
European regulators warned Russia in a letter this week that OAO Gazprom’s export monopoly could hinder competition clearance in the European Union, but said the gas giant would be subject to the same competition rules as any other company investing in its 25 member states.
A top European court on Tuesday rebuked the antitrust exemption given to a roaming agreement between two mobile phone operators in Germany, ordering European regulators to go back and study the deal in more detail.
As more competition cases spread into multiple jurisdictions and countries, Linklaters is already prepared to meet this change in the competition law landscape.
After receiving a competition notice that it deemed unfair and unauthorized, Australian telecommunications company Telstra Corp. has shot off a legal challenge to the Australian competition regulator in a tussle over wholesale pricing of home phone services.
As part of an ongoing effort to bolster its growing litigation practice, Thacher Proffitt & Wood LLP has added experienced securities litigator Kenneth E. Lee to its New York office.
Already inundated by antitrust actions around the globe, software giant Microsoft Corp. is being nudged toward yet another confrontation by Internet search firm Google Inc., which has raised objections with regulators over the search function of Microsoft’s newest Internet browser.
As part of Australia’s crackdown on cartels, the country says it will amend its immunity policy to give more protection to whistleblowers in antitrust investigations, according to comments made late last week by Attorney-General Philip Ruddock.
Plagued by financial concerns stemming from possible criminal indictments of several of its executives, chemical company Stolt-Nielsen fears it may become the next Arthur Anderson.