The U.S. Supreme Court ruled in an antitrust case over Chinese vitamin C exports that U.S. courts are not bound by another country's description of its own laws, but the justices only provided a few hints about how much weight to give competing evidence about what a foreign law requires, leaving trial courts to parse the deference due in future cases.
The Federal Trade Commission said Friday that it has replaced its retired inspector general with a staffer from the U.S. Department of Commerce who has extensive audit experience from several governmental agencies.
Europe’s antitrust watchdog will reportedly give Comcast’s deal to buy Sky PLC its stamp of approval, Dialog Semiconductor is in negotiations with Synaptics, and Linde AG and Praxair Inc. narrowed the bidders for a trove of assets worth $4 billion.
The Federal Trade Commission has denied a request from the Louisiana Real Estate Appraisers Board to pause an administrative proceeding challenging board regulations that control appraisal fees while it appeals to the Fifth Circuit an immunity bid that the commission rejected.
The Second Circuit has rejected an antitrust suit alleging Carfax Inc.’s exclusive agreements with used car websites and car manufacturers suppressed competition for vehicle history reports, saying the used car dealer plaintiffs didn’t have enough evidence to back their claims, according to an order unsealed Friday.
European Union antitrust authorities said Friday that they’d carried out “unannounced inspections” of an undisclosed number of chemical companies suspected of antitrust violations related to the pricing of a key chemical building block used in a variety of products.
The U.K. should hand new powers to the Prudential Regulation Authority to boost the competitiveness of London’s financial and insurance firms and offset Brexit risks, a senior lawmaker has told Law360.
A New York federal judge on Thursday appeared to dash the hopes of the North American Soccer League for a quick road to trial in its antitrust suit claiming the U.S. Soccer Federation conspired with Major League Soccer to keep it from competing as a top professional league.
The Ninth Circuit on Thursday denied an appeal of a soccer gear company accusing Nike Inc. of squashing competitors in the soccer equipment market, dismissing the complaint against the sports giant because the appeal was filed too late and affirming sanctions against the plaintiff, whose principal also served as counsel.
The U.S. Department of Justice is taking a look at the proposed merger between Sprint and T-Mobile, Indonesian ride-hailing company Go-Jek received a $1 billion funding offer, and Deutsche Bank’s chairman has been talking to shareholders about a deal with Commerzbank.
Takeda Pharmaceutical Co. Ltd. can't dodge antitrust counterclaims from generic drugmaker Zydus Pharmaceuticals (USA) Inc. simply by arguing that it is allowed to sue generics companies for patent infringement when they seek approval to copy branded products, the Federal Trade Commission told a New Jersey federal judge in a proposed amicus brief on Wednesday.
A U.K. appeals tribunal on Thursday sent a case accusing Pfizer and Flynn Pharma of charging the National Health Service excessive and unfair prices for an anti-epilepsy drug back to the country’s competition authority after finding the watchdog had not properly shown that the companies abused their dominance.
Several Democratic senators on Thursday urged the Justice Department to tread carefully when considering whether to nullify about 1,300 agreements that restrict anti-competitive behavior, saying the process of terminating obsolete rules could harm consumers.
Pharmacy giants Walgreen Co. and The Kroger Co. on Wednesday sued Johnson & Johnson in Pennsylvania federal court, accusing it of compelling insurers not to cover biosimilar versions of the blockbuster immunosuppressant Remicade, adding to J&J’s headaches in a closely watched antitrust battle.
U.S. antitrust enforcement is nearing a “moment of reckoning,” Sen. Richard Blumenthal said Wednesday as he looked to the expiration, in a matter of months, of conditions placed on Comcast’s acquisition of NBCUniversal, conditions the Connecticut Democrat has said may need to be extended.
The Ninth Circuit on Tuesday revived Moldex-Metric Inc.'s allegations that rival McKeon Products Inc. infringed its trademark shade of lime green for industrial earplugs, saying a lower court should have considered whether other colors would have served the same safety-compliance function.
LabCorp urged a Delaware federal court on Tuesday to toss a suit from a smaller laboratory services company alleging it conspired with a Medicaid service management organization to keep the startup out of the market, arguing the suit attacks the basic practice of insurers choosing their own providers.
An antitrust advocate has urged the U.S. Department of Justice to torpedo a proposed $59 billion merger between wireless carriers Sprint and T-Mobile, saying that the separate disruptive force of the two companies keeps the other big telecoms on their toes and that a merger would mean higher prices and fewer options for consumers.
A Deutsche Bank AG trader fighting Euribor rigging charges told a London court on Wednesday that he did not know his more junior colleagues were regularly relaying requests over chat and email to move the key interest rate in favorable directions, though when he did overhear one suspect exchange he didn’t think “that much” of it.
A Florida federal judge ruled Tuesday that an energy trader and one of its employees had not proved allegations of misconduct by Venezuela’s state-owned oil company, PDVSA, in a bribery case it brought against them, but admonished its attorneys over an apparent lack of candor.
A Société Générale SA subsidiary on Tuesday admitted to conspiring to violate the Foreign Corrupt Practices Act, one day after the bank said it had agreed to pay more than $1.3 billion for a multiyear bribery campaign in Libya and benchmark interest rate manipulation.
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.
In presenting the core tenets of the “New Brandeis movement,” a recent article in the Journal of European Competition Law & Practice exposes a flawed understanding of the relation between anti-monopoly and American democracy, confirms concerns that this movement heralds a return to “big is bad,” and misconstrues the Chicago School’s intellectual foundations, says Joseph Coniglio of Wilson Sonsini Goodrich & Rosati PC.
It's been eight years since the U.S. Supreme Court’s ruling in Shady Grove Orthopedic Associates v. Allstate Insurance, but courts continue to wrestle with whether state statutory class action bars are enforceable in federal court, say Daniel Fong and Robert Guite of Sheppard Mullin Richter & Hampton LLP.
High prescription drug prices are increasingly a focal point in the discussion of U.S. health care spending. While there is little consensus in Congress, there has been considerable recent activity in the federal executive branch and in state legislatures, say Tom Bulleit and Rebecca Williams of Ropes & Gray LLP.
With Federal Trade Commissioner Terrell McSweeny resigning soon, acting Chairman Maureen Ohlhausen could become the sole commissioner. The FTC seems to think it can act by a 1-0 vote, but this may be unlawful and is certainly unwise, say Stephen Calkins of Wayne State University and John Villafranco of Kelley Drye & Warren LLP.
Among the proposed amendments to Rule 23 of the Federal Rules of Civil Procedure, which are scheduled to take effect Dec. 1, are specific requirements related to “front-loading.” They outline the process for seeking preliminary court approval of class action settlements and related notice plans, say Shandarese Garr and Niki Mendoza of Garden City Group LLC.
The past few years have seen a resurgence in the acquisition of physician practices, both by hospitals and by private equity firms. However, acquiring a physician group carries special challenges in view of the heavy regulation of the health care provider industry, says William Eck of Seyfarth Shaw LLP.
It is a safe bet that the U.S. Department of Justice is poised to sign on to the European agreement on Bayer’s acquisition of rival Monsanto, perhaps with a few tweaks. Even so, the Bayer-Monsanto transaction is likely to harm U.S. farmers, say Allen Grunes and Maurice Stucke, founders of The Konkurrenz Group.
How can we improve meetings in the legal industry, which tends to evolve with the speed of a tranquilized water buffalo mired in quicksand? Breaking it down to three phases can yield significant benefits, says Nicholas Cheolas of Zelle LLP.
In the final article of their series on the American Bar Association’s 66th Antitrust Law Spring Meeting, attorneys with Perkins Coie LLP offer key takeaways from some of the sessions on consumer protection.
One way law firms differentiate themselves from the competition to attract and retain top talent is through their real estate and workplace strategies. Taking a lead from the hospitality industry can help create a more inviting, welcoming and collaborative workspace environment, says Bella Schiro of Jones Lang LaSalle Inc.