Europe’s antitrust enforcer hit Google with another massive fine on Wednesday, this time a €4.34 billion ($5.04 billion) levy over the licensing practices for its Android mobile operating system, nearly double one issued last year for favoring its own comparison shopping site in search results. Here, Law360 takes a look at the latest fine and what it could mean for Google.
As U.S. Supreme Court Justice Anthony Kennedy prepares to step down after three decades on the bench, his colleagues stepped forward to share stories about the man they know as “Tony,” describing a thoughtful coworker who built enduring friendships and made a lasting mark on the legal landscape.
Throughout his three-decade run on the U.S. Supreme Court, Associate Justice Anthony Kennedy leveraged his precious swing vote to forge robust legacies in free speech, LGBT rights and capital punishment, clerks and court watchers told Law360 after the justice announced his retirement Wednesday.
Sprint and T-Mobile's top brass defended the benefits of their proposed merger before a Senate subcommittee on Wednesday, arguing that the companies' combination would not present anti-competitive challenges because together they will create more fifth-generation technology market share for everyone.
Proskauer Rose LLP said Wednesday it hired a former Kirkland & Ellis LLP commercial litigator with extensive trial and appellate experience in matters involving antitrust, class action, financial services and securities issues, bolstering its base in Los Angeles.
The Federal Communications Commission rejected a challenge to Entercom Communications Corp.’s $1.6 billion merger with CBS Radio Inc. on Tuesday from a pair of petitioners who alleged CBS’ television stations engaged in “intentional news distortion” that called into question the company’s “basic character qualifications” to hold an FCC license.
Australian antitrust authorities announced AU$15 million (U.S. $11 million) in fines Wednesday handed down by a national court against Air New Zealand Ltd. on allegations the company participated in a wide-ranging antitrust conspiracy with other airlines to fix cargo shipping prices.
The European Union's top competition regulator said Wednesday that a Spanish pool cleaning business could merge with a similar company in the U.S. as long as it divests its robotics branch, a condition the companies accepted.
Supreme Court Justice Anthony Kennedy’s retirement announcement Wednesday echoed like a starting gun in the Senate, setting off a sprint from Senate Republicans who said they plan on having his replacement confirmed before the fall elections.
Associate Justice Anthony Kennedy, 81, the U.S. Supreme Court's most senior member, is stepping down from the bench, the court announced Wednesday. His retirement will hand President Donald Trump the chance to replace a crucial swing vote and shift the ideological balance of the court to the right.
The U.S. Department of Justice said Wednesday that The Walt Disney Co. has agreed to sell 22 regional sports networks in order to win clearance for its $71.3 billion purchase of 21st Century Fox Inc.'s film and television studios and other assets.
Samsung Electronics Co., SK Hynix and Micron Technology Inc. were hit with another proposed class action Tuesday in California federal court accusing the companies of colluding to fix prices on dynamic random-access memory, a key component to most smartphone and computer functions.
A New York federal judge has given an initial green light to investors’ $96 million proposed settlement with the five remaining financial firms in a proposed antitrust class action over alleged manipulation of the global swaps and options benchmark ISDAfix.
Apple and Qualcomm on Tuesday concluded arguments in an International Trade Commission suit that has the potential to halt the import of the latest generation of iPhones over patent infringement allegations, with Apple expressing concerns that Qualcomm could be left as the lone provider of premium modem chips for smartphones.
The Federal Communications Commission must focus on lowering barriers to entry in the telecommunications marketplace in lieu of seeking consumer price controls for broadband service, Republican FCC Commissioner Brendan Carr said Tuesday.
The U.S. House of Representatives passed a bill overhauling how the federal government reviews foreign investments into domestic markets Tuesday, approving a bipartisan overhaul of the Committee on Foreign Investment in the United States.
Taxi companies asked the Eleventh Circuit on Tuesday to reinstate their proposed class suit against Miami-Dade County, Florida, over a 2016 ordinance allowing the operation of ride-hailing providers like Uber and Lyft, arguing the action, which devalued their taxi medallions, was an unconstitutional taking of their property.
The city of Seattle asked the full Ninth Circuit to revisit a recent appellate decision reviving the U.S. Chamber of Commerce's challenge to a city ordinance letting app-based, ride-hailing drivers bargain collectively, saying Monday that a panel trampled on states’ sovereign powers to delegate regulatory authority to local governments.
Two veteran antitrust lawyers with a background in steering companies across the health care sector and a variety of other industries through high-stakes mergers and compliance reviews have joined Baker Botts LLP from Squire Patton Boggs, their new firm said recently.
Europe's antitrust enforcer said Tuesday it's looking into BASF's planned €1.6 billion ($1.87 billion) purchase of Solvay's nylon business over concerns the deal may limit raw ingredients that are key to manufacturing plastics, driving up competitors' costs and leading to price hikes on everything from shoes to electronics.
Express Scripts Inc. has urged a Missouri federal judge to nix claims that it filched pharmacies' clients by quietly leveraging data gleaned through its nationwide retail network, saying that it owns that information and is free to use it for its mail delivery service.
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.
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.
How can we improve meetings in the legal industry, which tends to evolve with the speed of a tranquilized water buffalo mired in quicksand? Breaking it down to three phases can yield significant benefits, says Nicholas Cheolas of Zelle LLP.
In the final article of their series on the American Bar Association’s 66th Antitrust Law Spring Meeting, attorneys with Perkins Coie LLP offer key takeaways from some of the sessions on consumer protection.
One way law firms differentiate themselves from the competition to attract and retain top talent is through their real estate and workplace strategies. Taking a lead from the hospitality industry can help create a more inviting, welcoming and collaborative workspace environment, says Bella Schiro of Jones Lang LaSalle Inc.
The American Bar Association’s 66th Antitrust Law Spring Meeting included many sessions on merger enforcement. Attorneys with Perkins Coie LLP offer key takeaways from some of the most interesting panels.
A federal district court in Ohio recently upheld some of the Federal Energy Regulatory Commission’s penalties against an energy company and its owners for market manipulation. Although the court’s reasoning generally followed the lead of other courts that have recently opined on the scope of FERC’s enforcement authority, there are a number of elements worth noting, say attorneys with Bracewell LLP.
The American Bar Association’s 66th Antitrust Law Spring Meeting included a number of sessions with representatives from federal and state antitrust enforcement agencies. Attorneys with Perkins Coie LLP offer some key takeaways from those sessions.
In his first year on the U.S. Supreme Court, Justice Neil Gorsuch has proven to be a narrow-minded elitist who consistently votes in favor of corporations and the powerful, acting to roll back protections for workers, consumers, LGBTQ individuals and other marginalized communities, says Elliot Mincberg of People for the American Way.
Resolution of the standing issues raised in the U.S. bribery suit brought by Venezuela’s state-owned oil company PDVSA may have implications not just for this case, but for whether PDVSA may be bound by the Venezuelan government to any future debt restructuring, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
The documents filed thus far in the U.S. bribery suit brought by Venezuela’s state-owned oil company PDVSA make clear that the standing issues in this case are complicated. The case also presents questions as to whether it will have implications for financial creditors of PDVSA and the republic, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
As part of a sweeping government restructuring plan announced last month, China is merging a range of government agencies into the new State Market Regulatory Administration. Multinational companies doing business in China must pay close attention to how functions within the newly consolidated agency will be organized, say attorneys with Ropes & Gray LLP.