The multidistrict litigation over alleged price-fixing of generic drugs recently consolidated in Pennsylvania’s Eastern District has the potential to emerge as one of the thorniest court fights in the country, and some observers have raised concerns that the numerous defendants could make it harder for individual companies to avoid getting more deeply embroiled in the litigation.
The European Commission has opened an investigation into Universal Music Group’s bid to take over BMG’s music publishing business, postponing a decision on the deal until next year.
Concerned over the potential anti-competitive effects of South Carolina’s 2007 draft of its health plan, the U.S. Department of Justice sent a letter on Friday encouraging the state to consider the benefits of competitive entry into its hospital markets.
Connecticut Attorney General Richard Blumenthal plans to expand his antitrust investigation of the insurance industry to include Allstate Corp.'s decision to stop writing new homeowners' policies in the state.
A judge will consider giving preliminary approval next month to Elpida Inc. and NEC Electronics America’s agreement to pay about $51 million to settle allegations that they conspired to fix prices of computer memory chips.
The U.S. Supreme Court agreed Thursday to hear a case that will decide whether minimum pricing agreements are anti-competitive at all times or whether the “rule of reason” should apply.
Free-trade talks between the United States and South Korea came to a standstill on Wednesday when discussions over U.S. anti-dumping laws allegedly unfairly applied to South Korean products were suspended, according to Korean negotiators.
In a move to foster competition in the European Union’s defense markets, European regulators on Thursday warned member states not to abuse a law exempting military procurement contracts from competitive bidding requirements for security reasons.
A U.S. appeals court’s decision this week to unbundle class actions in litigation against top investment banks could have consequences for wide swaths of the law, lawyers agree.
In the wake of the U.S. Department of Justice’s investigation into possible anti-competitive activities at three graphics chip companies, various class actions have been filed against Nvidia Corp., ATI Technologies Inc. and Advanced Micro Devices Inc.
The European Commission revised its cartel leniency rules on Thursday to clear up misunderstandings and raise the bar for what companies need to do to qualify for immunity, prompting criticism by lawyers who said Europe should emulate the U.S. model more closely.
MediaNews Group Inc. and Hearst Corp. have challenged a federal judge’s decision to place a temporary restraining order blocking the two publishers from consolidating some of their newspaper operations in the San Francisco Bay Area.
The Federal Communications Commission’s delayed vote on the merger of telecommunications companies AT&T and BellSouth has become even more politicized, with congressional Democrats asking the agency to explain actions taken by FCC Chairman Kevin Martin.
Veterinary biotechnology company Cyntegra Inc. revealed Tuesday that it has filed a motion for preliminary injunction in its antitrust lawsuit against rival researcher and manufacturer Idexx Laboratories Inc.
The U.S. Supreme Court is expected to consider Thursday whether to hear a case that tests the boundaries between antitrust and securities law, even as a public brawl erupted between plaintiffs lawyers over their setback in related litigation against top investment banks.
Stepping up its efforts to block E.On AG’s merger with Endesa SA, Spanish gas supplier Gas Natural has filed legal actions on both sides of the Atlantic claiming E.On hasn’t disclosed information about the sale and that it is using its dominant position in the market to finance the merger.
A pair of companies that sells stocks short has charged 13 of the country’s largest brokerage firms with conspiring to artificially raise the price of borrowing fees on “hard-to-borrow” short sale transactions.
MasterCard Europe plans to slash bank fees for debit-card transactions by 60% in a timely move that may keep the credit card company out of trouble with European Union regulators concerned with whether the fees break antitrust laws.
Physicians in Kansas City, Mo., claimed a small victory in their proposed class action suit against several health insurance companies Friday when a circuit court denied three of the insurance companies’ motions to compel arbitration of the matter.
Though plaintiffs in an antitrust suit against Microsoft won a ruling allowing them to call Chairman Bill Gates and CEO Steve Ballmer as witnesses, a plaintiffs attorney said Monday that the two executives would not be called to the stand.
Wal-Mart Stores Inc. and Target Corp. have misunderstood Minnesota state law regarding predatory pricing and are free to offer generic drugs at rock-bottom prices, according to state Attorney General Mike Hatch.