The federal government was dealt a heavy blow this week when U.S. District Judge Richard Leon soundly rejected its first court challenge to a purely vertical merger in decades, and the outcome of the AT&T-Time Warner trial provides some guidance about what to expect from future enforcement efforts.
Procurement officials for a pair of global shipping firms told a D.C. federal judge during the first day of a bench trial Tuesday that a proposed $400 million marine supply merger would leave them with just one option to purchase water treatment chemicals and services that are crucial to fleet maintenance.
Plaintiffs in a suit accusing auto parts makers of conspiring to fix prices have urged a Michigan federal judge to turn down one parts maker's attempt to nix their claims, arguing that the discovery process has just begun.
Mortgage-lending giant Quicken Loans Inc. and its affiliates surreptitiously stole real estate appraisal startup HouseCanary’s cutting-edge home valuation technology while the companies were contracted to share services under a strict nondisclosure agreement, according to a lawsuit filed in Texas federal court.
The U.S. Department of Justice said Tuesday it has reached an agreement with Bayer AG and Monsanto Co. that will allow their planned $62 billion merger to proceed, following $9 billion in divestitures largely already committed to by the companies to win approval in other jurisdictions.
The competition authority for the Philippines said Monday that ride-hailing service Grab Inc.’s purchase of Uber Technologies Inc.’s Southeast Asia operations has already caused price increases after Uber shut down its app in the country last month despite an order from the watchdog to remain running.
The European Commission said Monday it has approved subsidies for Denmark's postal service to provide delivery services as in line with European Union rules on state aid to enterprises.
Germany broke European Union state-aid rules by exempting large electricity users from paying hundreds of millions of euros in network charges in 2012 and 2013, and must recover those costs, the European Commission announced Monday.
Germany’s antitrust regulator said Tuesday that it won’t probe further into Lufthansa raising ticket prices after a competitor dropped out of the market, saying the “considerable” price hike was short-term.
Our latest survey of the largest U.S. law firms again paints a bleak picture for female attorneys. Here’s our breakdown of the data from this year’s Glass Ceiling Report.
Are you looking around your firm and still seeing a lot of men in leadership? On the latest episode of Law360's Pro Say podcast we discuss our annual Glass Ceiling report, which reveals little progress for women in the law, and we speak with Kerrie Campbell, an attorney who filed a high-profile gender bias suit against her firm.
Law360 asked more than 40 women how we’ll know when the legal industry has achieved true gender parity. Here’s what they had to say.
While the latest Glass Ceiling Report again shows only incremental growth for female lawyers in private practice, some firms are proving that building a more equitable profession is possible. Here are the law firms leading the way.
A Florida appeals court ruled Friday that despite the presence of a regional monopoly in hospice services in and around Sarasota County, the state's health administrative agency acted within its legal rights when it denied a certificate of need application for a new provider based on other factors.
The private equity firm that owns prominent prison-phone operator Securus Technologies Inc. may be acquiring one of its dominant competitors from TKC Holdings Inc., recent documents filed with several state public utility commissions indicated.
A Florida magistrate judge said Friday he could not halt discovery in the $11.4 million antitrust suit filed by traffic ticket services startup TIKD against the Florida Bar and a traffic ticket law firm, as he feared doing so would step on the toes of the presiding judge.
A defunct San Francisco-area paint recycler pushed back at attempts to sanction the company for its antitrust suit against a nonprofit paint industry outfit that does similar work, telling a California federal judge that it has plenty of evidence to back its claims.
Blue Cross Blue Shield insurers urged an Alabama federal judge on Thursday to allow for an immediate appeal of a ruling that found they have to face the strict per se standard, which presumes that an alleged plot to divvy up geographic markets by the insurance plans was unlawful.
The American Cable Association slammed Sinclair Broadcasting Group for withholding information regarding its plan to divest several broadcast stations in order to bring its proposed merger with Tribune Media Inc. into compliance with media ownership rules, urging the Federal Communications Commission on Thursday to demand more information from the company.
Reed Smith has bolstered its regulatory enforcement group by snagging a partner from Steptoe & Johnson to help lead its antitrust practice out of its Washington, D.C., office.
A Pennsylvania federal judge has cleared Teva Pharmaceuticals Industries Ltd. to use deposition testimony in an antitrust class action over an alleged pay-for-delay scheme for generic versions of cholesterol drug Niaspan, ruling that the pharmaceutical giant had not weaponized information protected by attorney-client privilege.
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.
Although the lack of racial and gender diversity among the ranks of the majority of both midsized and top law firms is a major issue, it’s past time to shed light on the real problem — inclusion, or lack thereof, says Marlen Whitley of Reed Smith LLP.
While the recent settlement between SolarCity, a unit of Tesla, and the Salt River Project Agricultural Improvement and Power District leaves the legal question regarding the merits of SolarCity’s claims unanswered, from an economics perspective it's clear that discriminatory pricing structures implemented under the guise of “cost recovery” can snuff out nascent competition, says Andrew Lemon of Compass Lexecon.
Despite the Trump administration's desire to shut down the Legal Services Corp., thankfully the budget that Congress passed and the president signed into law last week has restored $410 million of funding to the legal aid organization. An unlikely brief for preserving LSC may be found in the quirky Denzel Washington film "Roman J. Israel, Esq.," says Kevin Curnin, immediate past president of the Association of Pro Bono Counsel.
In order to enable lawyers to best meet cybersecurity challenges, state bars should pass rules that adopt a cybersecurity framework to be developed by a national committee, says Shaun Jamison, associate dean of faculty and professor at Purdue University's Concord Law School.
To many young attorneys, becoming an equity partner shows a firm's long-term commitment, meaning job security and a voice in important firm matters. However, the industry has changed and nowadays it may not be better to enter a new firm as an equity partner, says Jeffrey Liebster of Major Lindsey & Africa.
In his new book, "Without Precedent: Chief Justice John Marshall and His Times," professor Joel Richard Paul ably explains more than a dozen of Marshall’s most significant opinions, which comes as no surprise. What is a surprise — a pleasant one — is the book's readability, says Judge Thomas Hardiman of the Third Circuit.
Hardly a moment passes without another shot fired in the many high-profile fights between the U.S. and China over trade, intellectual property and antitrust. In this area, there is a problem and solution too often overlooked by commentators and business leaders, says Scott Kieff, a principal at McKool Smith PC and former commissioner at the U.S. International Trade Commission.
For law firms structured as corporations, a lower maximum corporate tax rate and repeal of the corporate alternative minimum tax are good news. But many law firms are pass-through entities, so deduction limitations mean they'll see less benefit from the new tax law, says Evan Morgan of CPA and advisory firm Kaufman Rossin PA.
Since passage of the Trump tax plan last year, companies have been touting bonuses they’ve handed down to rank-and-file employees. This highlights the trend of employers favoring bonuses over pay raises in the belief that variable, short-term rewards are less risky to the business than permanent increases in labor costs. But law firms have used this strategy for years — and there are dangers, says Michael Moradzadeh of Rimon PC.
Over the past few years, forward-thinking law firms have expanded their talent pools to include a chief innovation officer, whose responsibilities include spearheading the implementation of technology. It is a smart move, says Mark Williamson, co-founder and chief technology officer at Hanzo Archives Ltd.