Like its chief expert witness who testified Wednesday, the U.S. Department of Justice has built its antitrust challenge to AT&T’s $85 billion quest for Time Warner around numbers, culminating in hundreds of millions of dollars in alleged consumer television subscription price increases the government says the merger will create.
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.
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.
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.
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.
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.
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.
After two years of scrutiny by the U.S. Department of Justice into bid-rigging within the fur industry, the former vice president of Alaska Brokerage International Inc. is facing trial next week over allegations that he collaborated with others to rig bids at a Seattle fur auction in 2004.
Under amendments to federal antitrust law unanimously approved this week by Mexican lawmakers, the country’s antitrust watchdog will have more power to combat anti-competitive practices and companies will face stiffer penalties for engaging in monopolistic practices.
Key differences between U.S. and European antitrust policies became apparent as the week-long battle between Microsoft Corporation and European regulators came to a close Friday.
Entertainment company Clear Channel Communications has been hit with a bevy of class action antitrust lawsuits alleging that the company and its subsidiaries conspired to limit competition for concert promotion services.