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.
In an effort to prompt an investigation into a planned merger between two French energy giants, the Italian utility company Enel sent a memorandum to the European Commission Thursday.
Four executives of chip maker Hynix Semiconductor have pled guilty to participating in an illegal price-fixing scheme and have agreed to serve time in prison.
Johnson & Johnson subsidiary Alza Corporation has been smacked with a class-action antitrust lawsuit, accusing the unit of illegally trying to keep generic versions of overactive bladder drug Ditropan XL off the shelf.
A longstanding rivalry between two microchip competitors intensified as Advanced Micro Devices Inc. subpoenaed an eBay subsidiary as part of an antitrust lawsuit against Intel Corp.
A government service cooperative has charged AstraZeneca with violating U.S. competition law, the latest swipe in a string of suits filed by nearly a dozen unions, pension funds and government agencies accusing the pharmaceutical giant of illegally trying to prevent generic versions of its blockbuster heart drug, Toprol-XL, from entering the marketplace.
The European Union is considering legal action against the French government amid complaints about inadequate responses to what the Commission charges is France’s protectionist behavior concerning foreign takeovers.
Rejecting claims of gasoline price fixing, The U.S. Supreme Court has tossed out an antitrust lawsuit that accused oil giants Shell Oil Co. and Texaco Inc. of artificially inflating gas prices by over $1 billion.
In a hastily arranged move to fend off a hostile bid from Italy’s power company Enel, Gaz de France SA said it will take over the energy and water supplier Suez SA in a €39 billion merger.
Hoping to avoid paying a daily fine of about $2.4 million for not complying with the European Commission’s antitrust ruling, Microsoft has launched an attack against the Commission on its Web site.
Japanese contractors accused of rigging bids for construction projects on U.S. bases in Japan will take steps to end the practice, which has become increasingly widespread in public works projects in the country.
Chip maker Rambus will soon have access to evidence of an alleged anti-competition scheme perpetrated by the company’s competitors, after a judge unsealed evidence relating to the antitrust case.
European Union officials are investigating the proposed merger of two Canadian mining companies, which could violate European Commission competition regulations by leading to price increases in the narrowing nickel production industry.
Winning approval from the European Union on Thursday to acquire Scientific-Atlanta Inc., Cisco Systems Inc. can begin to bulk up its U.S. communications equipment business.
The Dutch media giant VNU NV, one of the world’s biggest market-research companies known for its Nielsen television ratings in the United States, recently ended a long legal battle by agreeing to pay millions in order to settle a protracted antitrust case.
Ending a long-running market monopoly case concerning the world’s top two diamond producers, the European Commission this week said that the companies must pledge to phase out South African De Beers SA’s purchase of rough diamonds from Russia’s ALROSA Company Limited by 2009 in order to increase market competition.
The European Commission's anti-dumping campaign illegally blocked cheaper Norwegian salmon from entering the European mainland, according to a complaint filed by Norway on Tuesday at the World Trade Organization.
Microsoft Corp. continues to draw ire from rivals who say the company is monopolizing the industry by abusing its dominance in software application products and unfairly shutting out competitors.
A class action lawsuit alleging price fixing has been filed against several countries and their state-controlled oil companies, targeting the governments of Angola, Norway, Oman and Mexico.
The European Union has slapped Spanish telecommunications giant Telefonica S.A. with formal antitrust charges, accusing the company of abusing its dominance in the broadband Internet access market and unfairly trying to shut out rivals.
Two lawsuits filed last week in U.S. District Court in Brooklyn charge that the world’s major airlines colluded in fixing surcharge rates on air cargo as early as January 2000, and used the Sept. 11 terrorist attacks as an excuse to increase prices.