Like its chief expert witness who testified Wednesday, the U.S. Department of Justice has built its antitrust challenge to AT&T’s $85 billion quest for Time Warner around numbers, culminating in hundreds of millions of dollars in alleged consumer television subscription price increases the government says the merger will create.
California Supreme Court Associate Justice Goodwin Liu discusses his interest in constitutional law, the transition from academia to judgeship, and the challenges that Asian-Americans currently face in the legal industry, as well as some of his personal hobbies.
A putative class of pension funds has filed an antitrust action against a crop of major banks including JPMorgan Chase, Barclays PLC and Deutsche Bank AG, alleging they conspired to fix the prices of Mexican government bonds that resulted in prices inflating 20 to 50 percent, according to a complaint filed Friday in New York federal court.
A Michigan federal judge on Thursday refused to let several tire companies, including Bridgestone Corp., duck an antitrust suit over anti-vibrational rubber parts for cars, saying the companies have failed to bat down allegations they sold the parts at inflated prices.
Chemical analysis and diagnostics company Agilent Technologies Inc. is seeking Federal Trade Commission approval to reacquire assets it shed as part of a 2010 consent agreement that allowed the company to acquire Varian Inc., the FTC said Friday.
Toshiba on Friday said the sale of its memory business to a group led by Bain Capital will have to wait a little longer after antitrust regulators failed to make a determination before its anticipated close by the end of March.
Singapore’s competition watchdog has stepped into Uber’s deal to sell its Southeast Asia operations to rival ride-hailing company Grab, with the regulator revealing Friday it will investigate the merger for potential anti-competitive effects.
Whether college athletics conferences are better suited than the NCAA to set rules for compensating student-athletes could take center stage as the college sports governing body will be forced once again to defend its amateurism rules in federal court after a ruling this week.
A class that accused several banks of manipulating the London Interbank Offered Rate asked a New York federal judge Thursday to approve a $100 million deal with HSBC Bank, bringing the total settlement amount in the case to $590 million.
A Florida magistrate judge recommended Wednesday that Cohen Milstein Sellers & Toll PPLC not be allowed to collect over $600,000 in attorneys' fees from a now-settled antitrust case against a hospital group, finding the firm had voluntarily withdrawn before trial and waived its right to compensation.
A Manhattan federal judge overseeing the prosecution of two former Deutsche Bank traders on charges of rigging the London Interbank Offered Rate made a surprising move Thursday when she handed down not a ruling, but her "thoughts" suggesting prosecutors beef up their arguments or risk losing their case.
Google is using its search clout and advertising power to shut some companies out of the market for stock photography, according to a sweeping lawsuit in California federal court Wednesday alleging antitrust law violations and breach of contract.
Customers who received phony error messages after trying to install third-party ink cartridges in Hewlett Packard Co. printers can proceed on some consumer protection claims in their putative class action, a California federal judge ruled Thursday while also tossing a slew of claims, most with leave to amend.
Comcast Cable’s content acquisition chief dealt a blow to the U.S. Department of Justice on Thursday in D.C. federal court when he said that he doesn't expect the AT&T-Time Warner merger to have an impact on his negotiating strategy.
Brazil’s antitrust agency said Thursday it has reached an agreement with travel booking sites Booking.com, Decolar.com and Expedia requiring them to stop using allegedly abusive clauses in their contracts with hotel chains that limit the prices hotels can charge for their rooms.
Australia's competition authority said Thursday that it has concerns with software supplier MYOB's planned AU$180 million ($138.1 million) purchase of Reckon's adviser software business, saying it would leave no alternatives for mid-sized to large accounting firms in the country.
Two Chinese exporters have defended the Second Circuit’s decision to toss a $147 million judgment against them for allegedly fixing vitamin C prices, telling the U.S. Supreme Court the trial court was “disrespectful” toward the Chinese government when it disregarded the country’s submissions in the case.
The U.K.'s Competition and Markets Authority issued an annual plan Thursday revealing a harder focus on data and digital markets and laying out the agency's strategy for navigating Britain's coming exit from the European Union, which is expected to usher in a flurry of activity for the enforcer.
The Japan Free Trade Commission closed an investigation into alleged bid manipulation by Deutsche Bank AG and Merrill Lynch International on Thursday, announcing that the two firms had taken steps to avoid violations in the future and a five-year statute of limitations had already passed.
Impax Laboratories Inc. on Thursday reached a $20 million midtrial settlement with a class of consumers and insurers, ending a suit in Massachusetts federal court that claimed the lab delayed the launch of a generic acne medicine in exchange for a $40 million payment.
The U.K.’s competition authority warned companies on Wednesday that it intends to use fines and other enforcement mechanisms more liberally to compel the production of internal documents during merger investigations, as it asked businesses for comments on a draft of new guidelines.
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.
As litigation funding becomes more widespread, greater complexity and variability in funding deals are to be expected. All claimants should consider certain key questions on the economics of single-case funding when considering or comparing funding terms, says Julia Gewolb of Bentham IMF.
Given the operational and security risks involved, and the substantial digital asset values transacted, the rise of distributed ledger technology and smart contracts will create new opportunities and responsibilities for transactional lawyers, say attorneys with Potter Anderson Corroon LLP.
Law firms claim they create client teams to improve service. Clients aren’t fooled, describing these initiatives as “thinly veiled sales campaigns.” Until firms and client teams begin to apply a number of principles consistently, they will continue to fail and further erode clients’ trust, says legal industry coach Mike O’Horo.
Believing that the Trump administration would be more “business friendly,” many antitrust practitioners, human resources professionals and business executives assumed that the U.S. Department of Justice and Federal Trade Commission would simply not enforce the 2016 guidelines on no-poach and wage-fixing agreements. This assumption has proven to be incorrect, says Juan Arteaga of Crowell & Moring LLP.
While a client’s visual impairment can create challenges for an attorney, it also can open up an opportunity for both attorney and client to learn from each other. By taking steps to better assist clients who are blind or visually impaired, attorneys can become more perceptive and effective advisers overall, say Julia Satti Cosentino and Nicholas Stabile of Nutter McClennen & Fish LLP.
Because courts have not modernized as quickly as companies like Amazon, Tesla and Apple, Americans are becoming increasingly dissatisfied, but technological innovations may be able to help Americans access their due process, says Stephen Kane of FairClaims.
Assistant Attorney General Makan Delrahim's recent speech on antitrust issues regarding standards development and patents implicating standards is promising in that, for the first time in a while, we might have an authentic innovation champion at the U.S. Department of Justice, say David Teece of Berkeley Research Group LLC and Edward Sherry of Expert Research Associates Inc.
In a national survey of 378 small law firms, partners ranked client referrals as the most important means of business development. Yet studies reveal that while professional services providers obtain most new clients from existing client referrals, their best new clients — the ones providing the largest pool of investable assets — overwhelmingly come from “centers of influence,” says Frank Carone, an executive partner at Abrams Fensterman.
Recently, for the first time ever, a court in China directly and explicitly held that the enforcement approach adopted by the Chinese antitrust enforcement agencies toward resale price maintenance practices is consistent with laws, say attorneys with Tian Yuan Law Firm.
Lawyers who have left the traditional practice for perceived greener pastures are many. But the circumstances surrounding broadcast journalist Bob Woodruff’s departure are unique. Like none I’ve ever heard, says Randy Maniloff of White and Williams LLP.