Competition

  • May 15, 2017

    Mexican Watchdog Fines Panasonic, Ficosa Over Acquisition

    Mexico’s Federal Economic Competition Commission on Monday fined Panasonic Corp. and Ficosa over an alleged failure to notify regulators that Panasonic’s 2015 investment in the Spanish automotive parts manufacturer market would accumulate more than 35 percent of its Mexican assets.

  • May 15, 2017

    Support Lines Up Behind FTC In Qualcomm Antitrust Suit

    Two technology companies, a trade association and an antitrust policy group on Friday threw their weight behind the Federal Trade Commission’s allegations that Qualcomm Inc. illegally maintained its monopoly over semiconductor chips used in cellular handsets, saying the case should be allowed to proceed.

  • May 15, 2017

    Del. Gov. Picks Public Defender For Supreme Court Seat

    Delaware Gov. John Carney on Monday picked Assistant Public Defender Gary F. Traynor, who practiced law at Prickett Jones & Elliott PA for 25 years, to fill the state Supreme Court seat left vacant after retired Justice Randy J. Holland stepped down earlier this year.

  • May 15, 2017

    EU Antitrust Watchdog Probes Aspen's Cancer Med Pricing

    The European Union’s competition authority has opened an investigation into whether South Africa-based Aspen Pharmacare Holdings Ltd. has violated antitrust law by imposing unjustified price increases on five cancer medications, the European Commission said on Monday.

  • May 12, 2017

    Uber May Need Permits To Operate In EU, Court Adviser Says

    The services offered by Uber Technologies Inc. fall under the European Union’s transportation laws, which means member states could individually require the ride-hailing company to obtain licenses and authorizations to operate, according to an opinion handed down Thursday by a top-level adviser to the European Union's highest court.

  • May 12, 2017

    FTC Looks To Keep Qualcomm Patent Practice Suit Alive

    The Federal Trade Commission asked a California federal judge not to dismiss its antitrust suit against Qualcomm Inc., arguing Friday that the chipmaker forces customers to negotiate under the threat of losing their chip supply, which in turn allegedly forces them to pay a distorted price.

  • May 12, 2017

    NYC Hotel Owner Joins Suit Questioning Trump’s Biz Ties

    The owner of several New York City hotels and restaurants has joined a lawsuit against President Donald Trump that invokes the U.S. Constitution’s emoluments clauses barring federal officials from taking payments from foreign governments or engaging in domestic conflicts, saying his businesses compete with Trump’s and will be hurt without court intervention.

  • May 12, 2017

    Google Pays $7.7M Fine To End Russian Antitrust Probe

    Google Inc. has paid a 438 million ruble ($7.7 million) fine to the Russian competition authority over antitrust allegations related to its agreements with phone makers in the country, ending a nearly two-year dispute with the agency, the Federal Antimonopoly Service said Friday.

  • May 12, 2017

    Sprint, Windstream Ask DC Circ. To Undo Data Deregulation

    Sprint Corp. and Windstream Services LLC have taken their challenges to a Federal Communications Commission order that deregulated pricing in the business data service market to the D.C. Circuit.

  • May 12, 2017

    Seattle Urges Judge To Ax Uber Union Law Antitrust Suit

    Seattle asked a Washington federal judge Thursday to rule on its bid to toss the U.S. Chamber of Commerce’s antitrust challenge to its ordinance allowing drivers for Uber and Lyft to unionize and not to wait until after the Ninth Circuit considers a preliminary injunction blocking the ordinance.

  • May 12, 2017

    Fox Rothschild Snags Ex-Brown Rudnick Antitrust Head

    A former Brown Rudnick LLP antitrust attorney who defeated a U.S. Department of Justice predatory pricing suit against American Airlines Inc. and negotiated Simon & Schuster Inc.’s exit from government suits over e-book pricing has joined Fox Rothschild LLP in New York as co-chair of its antitrust practice.

  • May 12, 2017

    EU Clears $5.9B Broadcom-Brocade Deal With Conditions

    The European Commission on Friday said that it has conditionally cleared chipmaker Broadcom Ltd.’s proposed $5.9 billion acquisition of networking solutions provider Brocade Communications Systems Inc., provided the merged company protects confidential information and ensures certain products work with those of competitors.

  • May 12, 2017

    ABA Groups Urge Caution On Japan Vertical Restraint Plans

    A trio of American Bar Association sections have weighed in on the Japan Fair Trade Commission’s plan to update regulations on the country’s guidance on vertical restraints in relation to anti-monopoly law, applauding the agency for acting but cautioning that their revisions could actually be harmful to competition.

  • May 12, 2017

    Reichhold-Polynt Deal Clinches EU Approval With Plant Sale

    North Carolina-based chemicals company Reichhold Group will sell a resin plant in northeast France to gain clearance in the European Union for its merger with Italian rival Polynt Group, the EU’s antitrust regulator said Friday.

  • May 12, 2017

    Anthem Kills $54B Cigna Merger After Delaware Loss

    Anthem on Friday terminated its planned $54 billion Cigna buy and outlined plans to seek damages from its former merger partner the day after a Delaware Chancery judge rejected its bid for a temporary block on Cigna’s efforts to end the deal amid antitrust roadblocks.

  • May 11, 2017

    Fla. AG Jumps Into Chicken Price-Fixing Investigation

    Florida Attorney General Pam Bondi is investigating alleged price-fixing by chicken producers including Tyson Foods Inc. and others after they were hit with federal antitrust suits in Florida and Illinois.

  • May 11, 2017

    Intuniv Buyers Fight Actavis Bid To Nix Pay-For-Delay Suit

    Direct purchasers of the attention deficit hyperactivity disorder medication Intuniv on Wednesday urged a Massachusetts federal court not to dismiss their antitrust case against Actavis LLC and Shire LLC, arguing that there was an illegal reverse payment and that the companies misconstrued precedent.

  • May 11, 2017

    Boies Schiller, Robbins Geller To Lead Contacts Class Action

    Boies Schiller Flexner LLP and Robbins Geller Rudman & Dowd LLP won spots as interim class counsel in consolidated litigation accusing 1-800 Contacts Inc. of making illegal agreements with rivals to erase competition for internet search advertising, according to a Utah court order Wednesday.

  • May 11, 2017

    Anthem Denied Injunction To Keep Cigna In $54B Merger

    A Delaware Chancery judge late Thursday rejected Anthem Corp.’s bid for a 60-day block on Cigna Inc.’s declared intent to terminate what was once a $54 billion merger of the two health insurers, saying Anthem’s prospects for overcoming multiple challenges to the deal are slim.

  • May 11, 2017

    Banks Say South Africa Can't Reach Them In Forex Rig Case

    Big banks accused by South Africa's competition authority of fixing prices in currency trading markets involving the rand and U.S. dollar have asked for the case's dismissal, saying the agency’s allegations are vague and do not establish jurisdiction against the banks.

Expert Analysis

  • Bag Fee Case Highlights Antitrust Risk Of Public Statements

    David L. Hanselman

    A Georgia federal court recently granted summary judgment in an antitrust case based on earnings calls in the airline industry. While the Delta and AirTran defendants ultimately prevailed, the case stands as a reminder to publicly traded companies to be mindful of antitrust considerations in public communications, say attorneys with McDermott Will & Emery LLP.

  • Decline In DOJ Antitrust Division Fines Is Likely Temporary

    Westrick_Tim_Treliant.jpg

    Criminal antitrust enforcement may appear to have dropped off in fiscal year 2016, if fines assessed on companies and executives are any measure. However, a deeper look provides a more accurate picture. In fact, the stage could be set for total fines to again surpass $1 billion in FY2017, says Timothy Westrick, a senior manager at Treliant Risk Advisors and former federal prosecutor.

  • Crowdfunding For Legal Cases: 5 Trends Reshaping Justice

    Julia Salasky

    Most people have never had an opportunity to personally take part in a legal case that directly challenges laws or policies they don’t agree with. Now that crowdfunding is available for legal cases, people can engage directly with legal change in the community and be a check on the powerful, says Julia Salasky, CEO of CrowdJustice.

  • Opinion

    ABA Needs A New Model Legal Ethics Rule

    Kevin L. Shepherd

    Perhaps lost in the presidential post-election tumult was a report issued in late 2016 by an international body evaluating U.S. compliance with anti-money laundering and counter-terrorist financing standards. Considering repeated criticisms of the legal profession, the American Bar Association should seriously consider a new model legal ethics rule, says Kevin Shepherd of Venable LLP.

  • What Does Lateral Partner Success Look Like?

    Howard Flack

    In the final segment of his series on lateral recruitment, Howard Flack, a partner of Volta Talent Strategies LLC and former leader of the lateral partner recruiting team at Hogan Lovells, shares a number of factors law firms should consider when measuring lateral hire success.

  • Are Lateral Recruitment Opportunities Shaping Your Strategy?

    Howard Flack

    In the second installment of this series on lateral recruiting, Howard Flack of Volta Talent Strategies LLC challenges law firms to ask themselves whether business strategies are determining lateral hires — or vice versa.

  • Takeaways From The ABA Antitrust Spring Meeting: Part 3

    Chuck Samel

    In the final installment of this review of last week's American Bar Association Antitrust Section meeting, attorneys with Perkins Coie LLP discuss the sessions that focused on consumer protection.

  • Lateral Partner Hiring: Time To Look In The Mirror

    Howard Flack

    The surveys that report lateral partner hiring as more or less a 50-50 proposition keep being published, and yet the lateral partner market is as robust as ever. So, what are firms looking at to measure their success and justify the level of investment they continue to make in the lateral market? asks Howard Flack of Volta Talent Strategies LLC.

  • Takeaways From The ABA Antitrust Spring Meeting: Part 2

    Barry Reingold

    In the second installment of this roundup of issues from the ABA Section of Antitrust Law Spring Meeting, attorneys with Perkins Coie LLP share takeaways specific to mergers and acquisitions.

  • Takeaways From The ABA Antitrust Spring Meeting: Part 1

    Shylah Alfonso

    Last week’s ABA Section of Antitrust Law Spring Meeting included a number of sessions with representatives from federal and state antitrust enforcement agencies. Attorneys with Perkins Coie LLP share some key takeaways, including leadership changes, past activities, and expected priorities under the new administration.