The U.S. Department of Justice this week cleared CVS' planned $69 billion purchase of Aetna, a combination that's been closely watched for its potential to shake up the industry and for any insights into how antitrust agencies will view mergers between players in adjacent industries going forward. Here, Law360 looks at some takeaways from the latest health care megadeal.
The U.S. Department of Justice on Thursday continued its bid to revive its challenge of AT&T Inc.'s purchase of Time Warner Inc., telling a D.C. Circuit panel that the company can't fix the economic and logical errors made by the lower court judge.
The Federal Trade Commission on Tuesday accused three dental supply companies of conspiring through email and in-person communication to refuse to offer discounts to buying groups on the ground that the groups could cut into the companies’ profit margins.
Antitrust experts are cautiously optimistic when it comes to the U.S. Department of Justice Antitrust Division’s latest plan to speed merger reviews — with good reason.
Sporting goods retailer Cabela’s told a Delaware Chancery Court judge in a brief made public late Thursday that a group of former employees should be stopped from launching a new online retail enterprise because it violates their employment agreements.
Qualcomm Inc. must license its patented cellphone components under its obligations with standard-setting groups, contrary to arguments Nokia made backing Qualcomm in an ongoing antitrust suit, the Federal Trade Commission told a California federal judge Thursday.
A Pennsylvania federal judge on Thursday ruled that a year-old appellate antitrust decision doesn’t force him to rethink denying a summary judgment motion in the last case in long-running multidistrict litigation over price-fixing allegations regarding domestic drywall, tossing one of two motions lobbed by construction product suppliers in the case.
A California federal judge granted final approval of settlements with EVA Airways Corp., Philippine Airlines Inc., Air New Zealand Ltd. and China Airlines Ltd. that will require the carriers to pay more than $50 million to resolve their part of multidistrict litigation alleging that major airlines conspired to fix the prices of trans-Pacific flights.
Defunct Indian pharmaceutical company Ranbaxy Laboratories Ltd. lied to the U.S. Food and Drug Administration and unfairly blocked other generic forms of the heartburn treatment Nexium in order to gain "first-to-file" exclusivity, according to a proposed class action filed Thursday in Massachusetts federal court by supermarket chain Meijer Inc.
Federal Trade Commission staff attorneys urged the commission in oral arguments Thursday to revive a pay-for-delay case against Impax over the opioid pain medication Opana ER, arguing that brandmaker Endo Pharmaceuticals Inc.’s payment of more than $100 million to the generics company was meant to avoid competition.
United Kingdom antitrust authorities on Thursday announced they had cleared Canadian gaming company Stars Group Inc.’s $4.7 billion purchase of Sky Betting & Gaming from CVC Capital Partners, creating what has been billed as the world’s largest publicly listed online gaming company.
An Illinois federal judge has refused to quash a digital registration company's request for discovery from a vehicle information services firm in antitrust multidistrict litigation, saying the pretrial process shouldn't stop just because the case might eventually get dismissed.
The United Kingdom's Competition and Markets Authority said Thursday it has launched an investigation into a partnership covering trans-Atlantic air routes between American Airlines, British Airways, Iberia and Finnair, in advance of the 2020 expiration of European Union regulatory requirements on the partnership.
The Federal Trade Commission should immediately look into allegations that hospitals are driving up health care costs by nailing down anti-competitive, high-price contracts with insurers, Senate Judiciary Chairman Chuck Grassley, R-Iowa, told the agency Wednesday.
HTC must hand over records of a Google transaction in its lawsuit accusing Ericsson of overcharging for aging standard-essential patents, after a judge said the information may aid Ericsson's counterclaims accusing the Taiwanese smartphone maker of offering unfair licensing rates.
A national tax reform group has endorsed the proposed merger of Sprint Corp. and T-Mobile US Inc., telling the Federal Communications Commission that combining the telecoms will help them roll out 5G networks and save taxpayers money by reducing subsidies.
The United Kingdom’s competition watchdog said Thursday that a recent merger between laundry companies must be broken up because it has reduced competition for the supply of managed laundry services to higher education providers.
NorthShore University HealthSystem has again sought class decertification in an antitrust suit accusing it of harming the market for acute-care inpatient services, saying the latest class representative doesn’t pass muster.
A Pennsylvania federal judge has dismissed an antitrust suit brought by a lab testing company that alleged Independence Blue Cross and LabCorp worked together to eliminate competition for testing of sexually transmitted diseases in the state, saying that a contractual obligation is not an antitrust violation.
American Express asked a Brooklyn federal court Thursday to toss multidistrict litigation accusing the company of violating antitrust law by preventing merchants from steering their customers toward competing cards, saying the vendors have failed to state a claim in an amended complaint and that their allegations are otherwise barred for various reasons.
A senator's threat last week to look into stripping the U.S. Olympic Committee of its antitrust protection if it fails to reform amid a series of sexual abuse scandals could upend the way U.S. Olympics sports have been organized and funded for decades.
The Serious Fraud Office has landed another mixed result in its prosecution of several former Barclays and Deutsche Bank traders for manipulating Euribor, the latest in the white collar specialist's latest effort to hold individuals accountable for rigging key benchmark interest rates. Here, Law360 looks at the highlights of the SFO's long-running campaign.
A D.C. federal judge has rejected the U.S. Department of Justice’s arguments that AT&T’s planned purchase of Time Warner would hurt competition and drive up consumer costs, dealing a major blow to the government’s first court challenge of a vertical merger in decades. Here, Law360 looks at how we got here, the key issues and highlights of the case.
The latest ABA annual antitrust law spring meeting ran the gamut from the government's tough new take on no-poaching pacts to hurdles innovation can cause in merger reviews— plus wide-ranging comments from the DOJ's new antitrust chief. Here's a look at Law360's coverage of three days of debates, tips and quips.
On Thursday, the Federal Trade Commission began a series of hearings on competition and consumer protection in the 21st century. These events are an important first step in guiding enforcement priorities, says David Balto, a former policy director of the FTC Bureau of Competition.
In Sheppard Mullin v. J-M Manufacturing Co., the California Supreme Court ruled last month that a law firm's failure to disclose a known conflict with another current client did not categorically disentitle the firm from recovering fees. But the court didn’t provide hoped-for guidance on how to write an enforceable advance conflict waiver, says Richard Rosensweig of Goulston & Storrs PC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Melanie Green, chief client development officer at Faegre Baker Daniels LLP.
The English Court of Appeal's much-anticipated decision in Eurasian Natural Resources Corporation means that companies will continue to face difficulties in obtaining the information they need to investigate suspected wrongdoing, without losing the benefit of legal advice privilege under English law, say Mark Beeley and Rebecca Dipple of Orrick Herrington & Sutcliffe LLP.
Tighter rules for the Committee on Foreign Investment in the United States have been echoed in Germany, and further changes are on the way. Recent developments show that the German government does not shy away from blocking foreign investments, says Daniel Wiedmann of P+P Pöllath + Partners.
In this new series featuring law school luminaries, Widener University Delaware Law School dean Rodney Smolla discusses teaching philosophies, his interest in First Amendment law, and arguing before the U.S. Supreme Court in Virginia v. Black.
As lower courts decide whether to apply the U.S. Supreme Court's AmEx decision to other types of two-sided markets, the key question will be whether allegedly anti-competitive conduct on one side of a platform may be credibly constrained by indirect network effects on the other, say Barry Reingold and David Chiappetta of Perkins Coie LLP.
A few weeks ago, the IRS proposed regulations related to the Tax Cuts and Jobs Act's 20 percent deduction on qualified business income for pass-through entities. The guidance offers long-awaited clarity, but is mostly bad news for many law firms, says Evan Morgan of Kaufman Rossin PA.
Judicial impeachment fever seems to be spreading through the states, with West Virginia legislators recently voting to remove their state's entire Supreme Court, and lawmakers in Pennsylvania and North Carolina threatening the same. These actions are a serious threat to judicial independence, says Jan van Zyl Smit of the Bingham Centre for the Rule of Law.
In this time of partisan conflict over judicial selection, a new book by Canadian jurist Robert J. Sharpe — "Good Judgment" — represents a refreshing, deeply thoughtful departure from binary arguments about how and why judges make decisions, says U.S. District Judge Jeremy Fogel, director of the Federal Judicial Center.