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Competition

  • August 29, 2018

    NCAA Says America East Commish Should Not Testify

    The National Collegiate Athletic Association and major college sports conferences said there is no way to make the commissioner of the America East Conference, who made statements suggesting that paying college athletes might not harm smaller schools, sit for a deposition just days ahead of a trial in an antitrust action challenging limits on college athlete benefits.

  • August 29, 2018

    Allergan, Shire Spar Over Pfizer-J&J Antitrust Ruling

    Allergan and Shire are trading blows over a recent ruling that kept alive Pfizer’s antitrust suit against Johnson & Johnson over alleged coercion of health insurers, debating whether it lends credence to similar coercion allegations against Allergan.

  • August 29, 2018

    Calif. Hospital Group's Antitrust Suit Against Kaiser Nixed

    A California federal court judge on Tuesday tossed a lawsuit filed by a San Francisco Bay Area hospital group that accuses Kaiser Foundation Hospitals Inc. and its insurer of creating a monopoly on health care in the state, finding that the hospital group failed to allege that it’s been harmed by the alleged antitrust violations.

  • August 29, 2018

    A Closer Look At Summer's Hottest M&A Moves

    Summer for the mergers and acquisitions world normally signals a slowdown, but bidding wars, megadeals, antitrust lawsuits and regulatory changes have kept dealmakers on their toes even as the season prepares for its unofficial end. Here, Law360 recaps the hottest M&A moments of the summer.

  • August 29, 2018

    Gray-Raycom Deal Will Hurt Consumers, Cable Cos. Tell FCC

    The American Cable Association has warned the Federal Communications Commission that the proposed merger of Gray Television Inc. and Raycom Media Inc. — a $3.65 billion deal that would form one company owning 142 stations in 92 markets — would hurt competition, increase broadcasters’ transmission fees and ultimately raise prices for consumers. 

  • August 29, 2018

    BNP Paribas Fined $90M Over Alleged ISDAfix Rigging

    The U.S. Commodity Futures Trading Commission said Wednesday that BNP Paribas will pay a $90 million civil penalty to settle the agency's allegations that the bank attempted to manipulate the ISDAfix benchmark over a roughly five-year period to benefit its derivatives positions.

  • August 29, 2018

    Sinclair Says Tribune Is Responsible For Tanked $3.9B Deal

    Sinclair Broadcast Group Inc. hit back against its former merger target on Tuesday, telling the Delaware Chancery Court that Tribune Media Co. walked away from their $3.9 billion megadeal and accusing the Chicago-based broadcaster of trying to cash in on a surprise move by regulators.

  • August 29, 2018

    LG, Samsung Anti-Poaching Suit Gets Axed Again

    A California federal judge has tossed a consolidated putative class action brought by employees who claim LG and Samsung broke antitrust laws by agreeing not to poach each other’s workers, finding that the employees were asking her to make “too big of a leap” by substituting stereotypes about Korean family-owned conglomerates for factual allegations.

  • August 29, 2018

    League Says Docs Request Irrelevant In Soccer Antitrust Suit

    The North American Soccer League told a New York federal court Tuesday that it should not have to comply with document requests made by the U.S. Soccer Federation, saying they have no relevance to the case and are unduly burdensome and duplicative.

  • August 29, 2018

    Big Banks Get Agency Bond-Fixing Suit Tossed

    A Manhattan federal judge has thrown out a proposed consolidated class action accusing major banks including Barclays and Citigroup of conspiring to rig the SSA bond market, finding that the investors behind the suit haven’t plausibly shown that they were injured by the banks’ alleged collusion.

  • August 29, 2018

    S. Africa Investigating Decadeslong Textbook Price Fixing

    South Africa’s competition enforcement agency said Wednesday that it is investigating a book publishing association and its members over allegations that they fixed the prices of certain textbooks for decades.

  • August 29, 2018

    BJ's Hits Tyson, Perdue And Others With Price-Fixing Suit

    BJ’s wholesale club alleged Tyson, Perdue and other chicken producers inflated broiler chicken prices and overcharged consumers by over $3 billion per year over an eight-year period, according to a complaint filed Tuesday in Illinois federal court.

  • August 28, 2018

    Sprint-T-Mobile Deal Would Mean 'Oligopoly,' FCC Hears

    Consumer advocates and rural broadcast groups filed a bevy of petitions Monday urging the Federal Communications Commission to block Sprint's planned $59 billion merger with T-Mobile, with most warning of a severe decrease in competition among national wireless carriers and the creation of an "oligopoly."

  • August 28, 2018

    3rd Circ. Revives Heart Monitor Co.’s BCBS Antitrust Suit

    The Third Circuit on Tuesday reinstated a suit brought by heart monitoring device maker LifeWatch Services Inc. over allegations Blue Cross Blue Shield and several of its associated health plans conspired to deny patients insurance coverage for certain LifeWatch products.

  • August 28, 2018

    Unpaid Nature Of College Sports Makes Them Unique: NCAA

    The fact that student-athletes are not paid is what makes college sports unique, the National Collegiate Athletic Association said Monday in the opening statement for a class action antitrust bench trial in California federal court challenging the NCAA’s amateurism system.

  • August 28, 2018

    Investors Seek $63M Atty Fees In Deutsche, HSBC Libor Deals

    Investors who reached $340 million in settlements earlier this year with Deutsche Bank and HSBC in multidistrict litigation over alleged manipulation of the London Interbank Offered Rate have asked a New York federal judge to award nearly $63.4 million in fees and expenses for their counsel, Susman Godfrey LLP and Hausfeld LLP.

  • August 28, 2018

    8th Circ. Upholds FCC's Business Data Services Deregulation

    The Eighth Circuit on Tuesday tossed challenges to the Federal Communications Commission’s deregulation of business data services, ruling that the commission was justified in setting a test to parse whether a particular market is competitive but finding the FCC glossed over one detail it must revisit.

  • August 28, 2018

    CVS Ducks Sentry Data's Antitrust Claim, For Now

    A Florida federal judge on Tuesday dismissed an antitrust claim from Sentry Data Systems Inc. alleging CVS is unlawfully forcing health care providers to use its 340B Drug Pricing Program administrator Wellpartner LLC, but left intact allegations the pharmacy giant misappropriated trade secrets to steal customers.

  • August 28, 2018

    House Dems Urge FCC To Review Sinclair-Tribune Deal

    Two House Democrats sent a letter to Federal Communications Commission Chairman Ajit Pai on Monday, urging the commission’s Chief Administrative Law Judge to investigate whether Sinclair Broadcast Group Inc. lied to the FCC when it attempted to acquire the Tribune Media Company.

  • August 28, 2018

    3 Cases At The Top Of The New SFO Chief's To-Do List

    FBI veteran Lisa Osofsky took up her five-year term as director of Britain’s Serious Fraud Office a week early on Monday, getting a head start as the agency gears up for a number of high-profile white collar cases. Here, Law360 outlines the three key upcoming prosecutions that will be at the top of her to-do list.

Expert Analysis

  • Limiting Law Firms' Professional Liability Risks: Part 2

    Stuart Pattison

    With law firms increasingly exposed to professional liability risks associated with their corporate client relationships, firms must craft well-structured client engagement letters to help protect against malpractice claims. Two key elements of an engagement letter are how it defines the scope of engagement and how it handles conflicts of interest, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • Series

    From Lawmaker To Lawyer: Prioritizing Is Always Key

    Joe Lieberman

    Today, members of Congress often seem able to blame colleagues of the other party for not getting anything done for their constituents. In law practice, you can’t really blame a bad result for your clients on the lawyers on the other side, says former Sen. Joe Lieberman, D-Conn., of Kasowitz Benson Torres LLP.

  • Limiting Law Firms' Professional Liability Risks: Part 1

    Stuart Pattison

    Corporate law departments are increasingly demanding more concessions from outside legal counsel, and presenting engagement letters that open the door to greater professional and cyber liability exposure for law firms — often beyond the scope of their insurance coverage. Firms must add their own language to engagement letters to limit liability, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.

  • Series

    From Lawmaker To Lawyer: How Congress Affected My Career

    Yvonne B. Burke

    Being a former member of Congress put me in an advantageous position when I approached law firms in the late '70s, at a time when there were few female lawyers, and even fewer African-American lawyers, in major law firms, says former Rep. Yvonne B. Burke, D-Calif., a director of Amtrak.

  • Series

    From Lawmaker To Lawyer: DC Isn't As Bad As You Think

    Norm Coleman

    Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.

  • Supreme Court Decision Weakens Deference To Foreign Laws

    Valarie Williams

    The U.S. Supreme Court's holding in Animal Science v. Hebei that a U.S. court is not bound by a foreign government's interpretation of its own laws is likely to have a lasting impact on legal decision-makers across the globe as they make determinations about deference to foreign laws, including U.S. laws, say attorneys at Alston & Bird LLP.

  • Series

    From Lawmaker To Lawyer: 6 Things I Learned In Congress

    Charles Gonzalez

    I found that senior members of Congress didn’t have time to mentor younger members. Lawyers — though just as busy as members of Congress — cannot afford to follow this model, says former Rep. Charles Gonzalez, D-Texas, of Ogletree Deakins Nash Smoak & Stewart PC.

  • Will The Robots Who Replace Us Also Pay Income Tax?

    Gerlind Wisskirchen.jpg

    Modern information technology, intelligent algorithms and production robots are strongly influencing the working world in the 21st century. This article, by attorneys at CMS Francis Lefebvre, provides an overview of the future labor market as well as the impact of artificial intelligence on labor law and tax issues.

  • Opinion

    BigLaw's Associate Salary Model Is A Relic Of A Bygone Era

    William Brewer

    Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.

  • Kaepernick Case Raises Arbitrator Subpoena Power Issues

    Gregory Capps

    It has been widely reported that lawyers representing Colin Kaepernick in collective bargaining arbitration proceedings with the NFL may ask the arbitrator to compel President Donald Trump to appear for deposition. The case presents interesting issues about the power of an arbitrator to compel testimony of a nonparty, say attorneys with White and Williams LLP​​​​​​​.