The U.S. Department of Justice will try to convince a D.C. Circuit panel Thursday to revive its challenge to AT&T’s purchase of Time Warner, in what experts say is a fight the DOJ has little chance of winning.
U.S. Futures Exchange LLC is taking its antitrust suit against CME Group to the Seventh Circuit after an Illinois federal judge ruled that the Chicago Mercantile Exchange hadn't conspired to keep it from forming a rival exchange, determined not to let the decadelong battle end yet.
Evan R. Chesler of Cravath Swaine & Moore LLP earned a win for American Express in front of the Supreme Court this year after a decade of work on a challenge to the credit card company's merchant rules, while also putting in time on important cases for Qualcomm and other clients, earning him a spot among Law360's Competition MVPs.
The Federal Communications Commission’s internal watchdog reported Monday that Chairman Ajit Pai followed all disclosure rules and didn’t hide a phone call with a White House attorney this summer as the agency considered regulatory approval for the now-failed Sinclair-Tribune megamerger.
A New York federal judge on Friday said he will not grant preliminary approval for a $182.5 million settlement between investors JPMorgan Chase & Co. and Citigroup over claims of a conspiracy to manipulate the Euro Interbank Offered Rate without first seeing what the investor's counsel intends to seek in attorneys' fees.
DLA Piper’s Eric Falkenberry quantifies litigation risk for buyers and sellers in the M&A arena, runs data boot camps for colleagues and helps dream up innovative new analytics tools, earning him a spot on our 2018 list of Data-Driven Lawyers.
Nexstar Media Group Inc. unveiled a $6.4 billion deal, including debt, for Tribune Media Co. on Monday, in a tie-up guided by four firms that comes following weekend rumors that the media group had beat out a private equity firm to buy Tribune after regulatory woes derailed a different takeover bid earlier this year.
Big Data. Statistical Analysis. Insights. Innovation. These data-driven lawyers are making their mark on the legal industry and developing systems and practices that will change the way law is practiced in the 21st century.
Kansas City-based grocery company Associated Wholesale Grocers Inc. asked a federal court Thursday to keep alive its price-fixing suit against Bumble Bee Foods' former CEO, challenging the executive's bid to toss the case over questions of jurisdiction and timeliness.
Washington state lawyers accusing two health care companies of fixing reimbursement rates are telling a federal court that the companies can't escape the claims by arguing that one of them would be weakened without making the deals.
Warburg Pincus, Blackstone and Carlyle Group are reportedly the final bidders for StandardAero, the EU is likely to open a probe into Vodafone's planned €18.4 billion ($21.9 billion) deal with Liberty Global, and SoftBank has decided against setting a price range for the public offering of its telecom unit.
The Federal Trade Commission and Qualcomm each have asked a California federal judge to exclude several pieces of evidence from the trial scheduled for January in the agency’s challenge of the chipmaker’s licensing practices for its cellular technology.
Phone and internet service provider Xchange Telecom LLC on Friday filed a lawsuit against competitor Velocity Wireless LLC in New York federal court, alleging that Velocity's interference with its Brooklyn services has lost Xchange hundreds of customers and thousands of dollars in monthly revenue.
Rail equipment suppliers Knorr-Bremse and Wabtec are urging a Pennsylvania federal judge to toss consolidated cases in multidistrict litigation over deals not to poach each other's workers, arguing that the proposed class hasn't sufficiently defined an antitrust market that has been harmed.
An Illinois federal judge on Friday axed three health care providers' proposed class suit alleging medical supply maker Becton Dickinson & Co. and others down the distribution chain illegally jacked up prices on syringes and catheters, finding the indirect buyers' claims barred by the U.S. Supreme Court's landmark Illinois Brick ruling.
Hausfeld LLP has named Paul Gallagher, a longtime antitrust lawyer from the U.S. Department of Justice, as a partner in its Washington, D.C., competition practice.
High prices and fees for tickets to popular sports and entertainment events have long drawn complaints from consumers, but recent allegations that Ticketmaster is monopolizing the secondary market have shined a light on the anti-competitive practices experts say are plaguing the industry and may prompt federal regulators to get involved.
Meat distributor Porky Products asked an Illinois federal judge Thursday not to force it to fulfill lengthy and expensive subpoenas from plaintiffs accusing more than a dozen poultry producers of colluding to keep prices high, saying it is too far down the supply chain and is a nonparty in the litigation.
Chicago’s Board of Education and a slew of bus companies have won their bid to dismiss a suit brought by a former public schools’ director alleging the companies colluded on special-needs service contracts and billed the city for trips that never took place on "ghost buses" that never ran, all while the board was aware.
The European Central Bank went live on Friday with a new system aimed at letting banks settle cross-border payments instantly across Europe.
Visa and MasterCard have been granted permission by Britain's Supreme Court to challenge a landmark Court of Appeal decision that found the credit card companies set charges at an unlawfully high level that restricted competition.
Justices Samuel Alito and Neil Gorsuch on Monday floated the idea of overruling the high court’s landmark Illinois Brick decision, which limits federal antitrust standing to direct purchasers, during oral arguments in a case accusing Apple Inc. of monopolizing the market for apps sold on its devices.
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.
A U.S. Supreme Court ruling in Varela v. Lamps Plus that the Federal Arbitration Act displaces contractual interpretation rules likely would vacate the Eleventh Circuit's recent JPay decision, says James Bogan of Kilpatrick Townsend & Stockton LLP.
In the next installment of this series examining the dimensions of the Trump administration's trade agenda, Erica York of the Tax Foundation discusses how the economic harm caused by tariffs could slow or offset the economic and employment benefits of tax reform.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
Increasing tariffs, new scrutiny of foreign investments in U.S. companies, and export controls over “emerging and foundational” technology are part of a Trump administration strategy to advance national security objectives using economic tools. These measures are ushering in a new era of trade restrictions, say attorneys with Kirkland & Ellis LLP.
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 Pier D'Angelo, chief pricing and practice officer at Allens.
In the first article of this special series on the Trump administration's trade policies, attorneys from Covington & Burling LLP explore how a notable increase in U.S. anti-dumping and countervailing duty enforcement actions is creating significant compliance challenges for foreign companies and U.S. importers.
Are companies such as Facebook, Amazon, Twitter and Google stifling free speech on their platforms? If the answer top antitrust regulators arrive at is “yes,” then significant new risks could be coming for not only these tech behemoths, but any businesses that utilize their platforms — in the U.S. or abroad, say attorneys at Kobre & Kim LLP.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.
It is not uncommon for companies to issue statements about pending litigation. But a California federal court's recent decision in Arista v. Cisco shows that, in some circumstances, such statements could be seen as part of an anti-competitive scheme, say Daixi Xu and Julie Shepard of Jenner & Block LLP.
In the aftermath of Justice Brett Kavanaugh's confirmation, the U.S. Supreme Court should decline review of the nation's most polarizing political questions unless and until the questions become time-sensitive, says Alexander Klein, head of the commercial litigation group at Barket Epstein Kearon Aldea & LoTurco LLP.