Competition

  • October 27, 2017

    How To Streamline Multi-Jurisdictional Merger Reviews

    The number of antitrust regimes around the world and the variety of merger clearance procedures makes closing a global deal challenging from a regulatory compliance perspective, but experts say attorneys can take steps to help streamline the process. Here, Law360 looks at some of the challenges and how attorneys help clients navigate the thicket of international merger regulation.

  • October 27, 2017

    Australian Antitrust Body Won't Fight Essilor-Luxottica Deal

    Australia’s competition watchdog said Thursday it will not oppose a proposed deal between Essilor and Luxottica that would create a $49 billion eyewear giant, finding “minimal competitive overlap” between the services offered by the companies.

  • October 27, 2017

    Ex-Ombudsman Aims To Revive £14B Mastercard Class Action

    Former U.K. financial ombudsman Walter Merricks on Friday launched a bid to revive a £14 billion ($18.3 billion) antitrust suit against MasterCard Inc. over swipe fees, asking for a judicial review of a previous ruling that prevented the case from being brought as a class action lawsuit.

  • October 26, 2017

    Bankruptcy Software Co. Blasts Firm's Latest Antitrust Suit

    Software company Bankruptcy Management Solutions on Thursday urged an Illinois federal judge to dismiss a suit by a Chicago law firm accusing it of conspiring with competitors to agree on prices charged to Chapter 7 trustees, saying the firm's state-law claims are no different from federal antitrust ones that have already been dismissed twice.

  • October 26, 2017

    Mass. Cop Indicted For Helping ‘Codfather’ Smuggle Cash

    A Massachusetts county sheriff’s captain arrested in August for allegedly helping a fisherman known as the “Codfather” smuggle illicit cash overseas has been formally indicted, the Boston U.S. attorney said on Thursday.

  • October 26, 2017

    Volkswagen CEO Denies Automakers Colluded On Pricing

    A Volkswagen AG executive pushed back against allegations of price-fixing among German automakers on Wednesday, saying talks between the leaders of Daimler AG, BMW Group and Volkswagen were focused on industry standardization, according to local media reports.

  • October 26, 2017

    Parent Company Escapes Suboxone Product-Hop Suit

    A Pennsylvania federal judge dismissed civil claims by more than 40 states against one of several companies accused of attempting to delay a generic version of an opioid addiction treatment, ruling Wednesday that the company didn't exist at the relevant time and thus cannot be held liable.

  • October 26, 2017

    Medco Dodges 4th Version Of Drug Fraud FCA Suit

    A Delaware federal judge has dismissed the fourth version of a False Claims Act kickback suit against Medco Health Solutions Inc., this time with prejudice, saying Thursday that it can't get over the public disclosure bar and any further attempts would be “futile.”

  • October 26, 2017

    Bayer's Financing Needs Shift As Monsanto Price Falls $2.5B

    Germany's Bayer AG said Thursday that a $2.5 billion decrease in the enterprise value of its planned buyout of U.S.-based Monsanto Co., along with the proceeds from recent antitrust-related divestitures, could potentially cut the amount of equity the drug and chemical maker needs to raise to finance the megadeal. 

  • October 26, 2017

    EU To Investigate UK Tax Law On Controlled Foreign Cos.

    The European Commission opened another front in its war against alleged corporate tax avoidance, announcing an investigation into the U.K. legal structure that deals with multinational companies.

  • October 26, 2017

    Bosch To Pay $10.6M To Exit Car Parts Price-Fixing MDL

    Robert Bosch GmbH and Robert Bosch LLC have agreed to pay $10.6 million to settle claims they took part in a massive conspiracy to fix prices for various auto parts over almost two decades, four proposed classes of automobile dealers told a Michigan federal court on Wednesday.

  • October 26, 2017

    EC Must Review Liberty-Ziggo Merger, Effect On Cable Market

    The European Commission must review its 2014 approval of a merger between Dutch cable companies Ziggo NV and Liberty Global Inc. unit UPC after it failed to adequately address the tie-up’s effect on competition for the market, the European Union’s highest court ruled Thursday.

  • October 26, 2017

    Ex-HSBC Trader Rips Ruling Forcing Him To Stand Trial In US

    Former HSBC foreign exchange trader Stuart Scott said Thursday he will appeal a London judge's ruling ordering him to face charges in New York alleging he and a colleague defrauded bank client Cairn Energy PLC by trading ahead of a $3.5 billion foreign currency exchange the Scottish oil and gas developer planned.

  • October 26, 2017

    Conservative, Liberal Groups Oppose AT&T-Time Warner Deal

    A mix of liberal and conservative organizations united on Thursday around the banners of consumer choice and diversity of speech to urge the Justice Department to aggressively investigate and potentially block the proposed $85.4 billion merger between AT&T and Time Warner.

  • October 25, 2017

    Wiretapped Real Estate Investor Admits Guilt In Bid-Rigging

    The last of five real estate investors accused of bid-rigging foreclosure auctions tearfully pled guilty Wednesday to violating federal antitrust law, marking the end of a contentious court battle that included allegations the government’s evidence relied on unconstitutional wiretaps.

  • October 25, 2017

    German Watchdog Opens 1st Consumer Protection Query

    Germany's competition authority said Tuesday that it has launched its first consumer protection inquiry after gaining new authority in the area earlier this year and is looking at online price-comparison websites.

  • October 25, 2017

    EU OKs Hungary's €131M Chem Plant Aid, Cites Local Benefits

    Europe's antitrust authority said Wednesday that it has approved a €131 million ($154.8 million) investment being made by Hungary for energy company MOL Group’s planned expansion of a petrochemical plant in the country, after finding the project's support of economic development in the region in line with state aid rules.

  • October 25, 2017

    Deutsche Bank To Pay $220M To States In Libor-Rigging Deal

    Deutsche Bank AG will pay $220 million to several dozen states to resolve allegations that the German company manipulated benchmark interest rates including the U.S. dollar London Interbank Offered Rate in the largest Libor-related deal with state attorneys general to date, the New York attorney general announced Wednesday.

  • October 25, 2017

    Compounder Can't Duck Drug Marketing Suit, Allergan Says

    Allergan has asked a California federal judge not to toss its suit alleging Imprimis Pharmaceuticals illegally manufactures and sells unapproved new drugs under a drug compounding loophole in FDA regulations, saying it has shown that it complies with the Federal Food, Drug and Cosmetics Act and state regulations.

  • October 24, 2017

    HSBC Exec Conviction A Cautionary Tale To Forex Market

    The conviction of former HSBC foreign currency exchange executive Mark Johnson on fraud and conspiracy charges over his handling of a $3.5 billion currency swap for Cairn Energy PLC has put banks around the world on notice about front-running forex deals, but it leaves unanswered questions about where to draw the line.

Expert Analysis

  • A Law Firm Guide To Helping Victims Of Human Trafficking

    Sarah Dohoney Byrne

    Unlike victims of many crimes, human trafficking survivors often have complicated legal problems related to the experience of being trafficked — everything from criminal records to custody disputes to immigration obstacles. Many law firms already provide assistance in these areas and can easily transition resources and expertise, says Sarah Dohoney Byrne of Moore & Van Allen PLLC.

  • Why Private Companies Shouldn’t Overlook D&O Insurance

    Sarah Katz Downey

    Although they may not have the shareholder base that public companies do, private companies have owners, investors and other stakeholders — and their directors and officers could be targeted in a variety of lawsuits based on management actions, say specialists with Marsh LLC and attorneys with Akin Gump Strauss Hauer & Feld LLP.

  • FTC V. Qualcomm: The Balance Between Patents And Antitrust

    Derek Dahlgren

    Qualcomm’s position outside of the court has largely been to defend its licensing practices rather than to deny the Federal Trade Commission's accusations. But the California federal judge's recent order denying the motion to dismiss amounts to agreeing that Qualcomm’s behavior, as alleged by the FTC, would be anti-competitive if true, say Derek Dahlgren and Spencer Johnson of Rothwell Figg Ernst & Manbeck PC.

  • Diversity In The Legal Profession — A Stubborn Vision

    Robert Grey

    At the Leadership Council on Legal Diversity, we want to see, as founding member and Microsoft chief legal officer Brad Smith once stated, “a legal profession as diverse as the nation we serve.” We are not there yet — far from it — but we are beginning to put some numbers on the board, says Robert Grey, president of the Leadership Council on Legal Diversity.

  • Opinion

    New Salary History Laws Crimp Attorney Hiring Process

    Fredric Newman

    In prohibiting employers from asking potential hires about their previous salaries, lawmakers seek to "level the playing field." But there are real problems with the practicality, legality and enforceability of many of the salary history laws, says Fredric Newman, a founding partner of Hoguet Newman Regal & Kenney LLP.

  • Obama's Overlooked Antitrust Legacy

    Kelsey Shannon

    There is an Obama antitrust legacy of aggressive enforcement, particularly on mergers, but this legacy is mostly ignored. The antitrust bar should care about this oversight, says Kelsey Shannon of the Lynn Law Firm.

  • 5 Tips For A Successful Legal Blog

    David Coale

    David Coale, leader of the appellate practice at Lynn Pinker Cox & Hurst LLP, shares his insights into what works — and what does not — when setting up and maintaining a legal blog.

  • Series

    Judging A Book: Kopf Reviews Posner's 'Federal Judiciary'

    Judge Richard Kopf

    There is a wonderful sketch of Seventh Circuit Judge Richard Posner dressed in a black robe with arms outstretched as if they were the billowing wings of a lean vulture. He is kicking a human brain down a hallway and wearing a half-smile that looks for all the world like a sneer. That sketch is the perfect metaphor for both Judge Posner and his new book, "The Federal Judiciary: Strengths and Weaknesses," says U.S. District Judge Ri... (continued)

  • The Use Of Special Masters In Complex Cases

    Shira Scheindlin

    Special master appointments can be very beneficial in resolving disputes quickly, streamlining discovery, handling delicate settlement negotiations, and — somewhat surprisingly — reducing cost and delay, says retired U.S. District Judge Shira Scheindlin, now with JAMS.

  • Roundup

    Notes From A Law Firm Chief Privacy Officer

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    As more law firms become the targets of major cyberattacks, more firms may consider appointing a chief privacy officer. In this series, CPOs at four firms discuss various aspects of this new role.