The growing discontent between Anthem and Cigna hit a boiling point this week, with the health insurance giants trading shots in Delaware Chancery Court after Cigna attempted to end their $54 billion deal following the Justice Department's successful bid to block the combination, despite Anthem's ongoing appeal. Here, Law360 breaks down the litigation and the events leading up to it.
The Federal Communications Commission voted on Wednesday to revisit its media ownership restrictions, in what is likely to turn into a contentious debate over the amount of media outlets large companies are allowed to control.
Firing back at a federal judge’s earlier decision in the ongoing Costco litigation, the Washington State Liquor Control Board is refusing to step away from a case that pits federal antitrust laws against the state’s right to regulate alcohol.
Beleaguered transportation and storage company Stolt-Nielsen SA will not be able to cross a shareholder lawsuit off its list of legal worries, after a judge denied the company’s motion to dismiss the class action.
A federal investigation into price manipulation in the natural gas markets continues to net guilty pleas, with three more traders admitting to organizing a conspiracy to skew the price of natural gas.
Removing a ban initially imposed on Liberty Media to preserve competition in the cable market, the U.S. Federal Trade Commission has cleared the way for the Time Warner Inc. shareholder to vote its minority stake in the media and entertainment giant.
Air carriers Delta, Continental and Northwest are being eyed by the European Commission over possible antitrust violations stemming from their alliance with seven other airlines in Europe and Asia.
Claims of anti-competitive behavior have fallen on deaf ears, with the U.S. Supreme Court refusing to take on the appeal of a decision favoring U.S. Philips Corp. in a long and messy fight over “tying” patents to CD-ROM technology licenses.
As the American health care system faces skyrocketing costs and a growing nursing shortage, a group of nurses is taking aim at a slew of hospital systems in four federal class actions filed this week, accusing the hospitals of putting their bottom line ahead of fair wages by conspiring to keep nurses' salaries at artificially low levels.
An antitrust lawsuit against BP Plc. and ExxonMobil Corp. was dismissed Monday by a district court judge in Alaska, who ruled that the oil giants did not break the law by refusing to sell natural gas to a rival group or by teaming up with ConocoPhillips to negotiate the building of their own $20 billion natural gas pipeline.
Aircraft manufacturer Airbus may soon ask for state aid in order to complete its A380 plane on time, a request that would add fuel to the already intense debate between the United States and the European Union over subsidies given to Airbus and rival Boeing Corp.
The European Commission has decided to take an in-depth look at the proposed merger between French energy companies Gaz de France and Suez SA, after twice postponing approval of the deal.
The U.S. Supreme Court has asked the Bush administration to weigh in on whether shareholders should be able to file antitrust claims against the world’s leading investment banks over their role in initial public offerings.
The real estate brokerage industry is a “price-setting cartel” that aims to limit consumers’ knowledge of the market and unfairly thwart competition from nontraditional brokers, a new study charges.
Although it has dropped its original action against MasterCard, the Office of Fair Trading said it plans to carry on with its six-year investigation into the credit card association’s interchange fees for allegedly violating competition laws in the European Union and United Kingdom.
A move by two major financial publishers to bar trading of options linked to their indices was barred by an appeals court in a case that hinges in part on unfair competition claims.
In a victory for federal regulators, a U.S. appeals court Friday upheld an attempt by the Federal Communication Commission to implement rules requiring the Baby Bell companies to rent parts of their networks to rivals.
Caving to pressure from the Association of Convenience Stores, a British antitrust watchdog has decided to launch an inquiry into the allegedly anti-competitive practices of supermarket chains in England.
Forging ahead in its efforts to revamp its antitrust laws, Australia’s competition watchdog has refreshed its merger guidelines to include a provision for confidential reviews, which will shield information concerning proposed mergers.
The dawn raids on energy companies in the European Union conducted last month revealed some questionable business practices, E.U. Competition Commissioner Neelie Kroes said on Friday.
Feeling the heat on all fronts, Apple Computer Inc. is being targeted by more European and Asian countries to break open its iTunes monopoly so songs purchased for its popular iPod digital music player can be played on any portable music player.