The multidistrict litigation over alleged price-fixing of generic drugs recently consolidated in Pennsylvania’s Eastern District has the potential to emerge as one of the thorniest court fights in the country, and some observers have raised concerns that the numerous defendants could make it harder for individual companies to avoid getting more deeply embroiled in the litigation.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.