Competition

  • January 29, 2007

    FTC Takes Deeper Look At $919M Biotech Merger

    The U.S. Federal Trade Commission has put the brakes on biotechnology giant Genentech Inc.’s proposed $919 million acquisition of Tanox Inc., demanding more information on the potential union before the deal proceeds.

  • January 30, 2007

    Tesoro’s Refinery Deal May Hit Snag With States

    The $1.63 billion takeover of a California refinery by Tesoro Petroleum Corp., the third-largest refiner in the United States, may incite some Western states to challenge the move as anti-competitive.

  • January 29, 2007

    Skadden Lures Cadwalader Antitrust Trio

    Skadden Arps Slate Meagher & Flom LLP has beefed up its antitrust practice with the addition of three attorneys from Cadwalader, Wickersham & Taft LLP.

  • January 29, 2007

    More Prison Time Issued In Concrete Price-Fixing

    Another prison sentence has been handed down in the Indiana ready-mix concrete price-fixing scandal, with the former president of Builder’s Concrete and Supply Co. becoming the latest executive to be hit with a 14 month sentence.

  • January 29, 2007

    Jury Awards $404M In Suit Against Chesapeake

    A jury has awarded a massive $404 million in a class action lawsuit brought against a West Virginia gas company for allegedly underpaying royalties and engaging in price-fixing with another company.

  • January 26, 2007

    Italy Passes Sweeping Liberalization Laws

    In a move that will loosen regulations on insurers, hairdressers, airlines, petrol pumps and many other types of businesses, the Italian government has passed a big package of measures to liberalize the market and heighten business competition across the country.

  • January 26, 2007

    Rivals Protest Microsoft Vista In E.U.

    Just days before the launch of Microsoft Corp.’s new operating system, Windows Vista, a coalition of software rivals has complained to European antitrust authorities, arguing that Vista will perpetuate illegal competition practices.

  • January 26, 2007

    Senators Urge Heightened Scrutiny Of Airline Mergers

    On the heels of a Senate hearing to examine how airline mergers are likely to affect consumers, two U.S. senators are urging Attorney General Alberto Gonzales to make sure any potential consolidations in the industry are “carefully and thoroughly” examined before being given the green light.

  • January 29, 2007

    Microsoft, Plaintiffs' Counsel Trade Jabs in Iowa

    As Microsoft Corp. touts the decisions of more than 1,100 individuals and businesses to opt out of the class action antitrust suit against the software giant in Iowa state court, the plaintiffs' camp is painting the opt-outs as a minor development stemming in part from personal animus over one of the lead attorney's political views.

  • January 26, 2007

    FTC Demands Changes In $22B Energy Buyout

    The Federal Trade Commission has challenged a proposed $22 billion buyout deal of energy giant Kinder Morgan Inc. by a group of private equity firms, concerned over possible antitrust implications.

  • January 26, 2007

    Federal Circuit Revives Oil Drilling Pipe Suit

    A federal appeals court has allowed Hydril Company LP’s antitrust and patent suit against Grant Prideco Inc. over oil drilling pipes to continue, more than a year after a district court threw out the case.

  • January 26, 2007

    Lawmakers Scrutinize Express Scripts Bid

    Sixteen riled legislators have written letters urging the Federal Trade Commission to take a closer look at possible anti-competitive effects of Express Scripts Inc.’s hostile acquisition bid for its larger rival, pharmacy benefit manager Caremark Rx Inc.

  • January 29, 2007

    OPEC Firms Try Dodging Antitrust Suits

    Seeking to unravel OPEC’s reach on U.S. soil, two potentially groundbreaking antitrust suits are working their way through district court to tackle the national oil companies of Saudi Arabia and Venezuela, as well as their U.S. subsidiaries.

  • January 26, 2007

    Appeals Court Affirms Antitrust Dialysis Decision

    An appeals court has affirmed a lower court decision dismissing an antitrust lawsuit brought against a company that produces dialysis machine products.

  • January 25, 2007

    E.U. Court Refuses To Bend On Tube Maker Cartel

    In a boost for the European Union's antitrust authority, the European Court of Justice has upheld a €99 million fine imposed years ago by E.U. regulators on a cartel of seamless steel-tube makers known as the "Europe-Japan Club.”

  • January 25, 2007

    Industry Group Disbands Over Antitrust Claims

    A group of health care executives accused by the Connecticut Attorney General of engaging in anti-competitive deals with vendors has agreed to disband the organization.

  • January 25, 2007

    E.U. To Probe Spain's Electricity Sector

    Spain’s energy sector ran into trouble yet again on Thursday when the European Commission launched an investigation into whether the Spanish power industry benefited from artificially low electricity prices.

  • January 25, 2007

    Norway: Apple iTunes DRM Out Of Tune With Law

    Norway ruled on Thursday that Apple’s FairPlay music system for its iPods was nowhere near fair and ordered the company to open access to its music downloads by Oct. 1, putting even more pressure on Apple’s position in the European market.

  • January 25, 2007

    Kroes: Banking Probe Shows Antitrust Problems

    With the European Commission's final report on competition in the credit card industry looming, Competition Commissioner Neelie Kroes has indicated that she believes antitrust problems are plaguing the financial services sector, resulting in diminished competition.

  • January 25, 2007

    Judge Unseals Documents In Newspaper Case

    A federal judge acquiesced in part Wednesday to an alternative paper and media resource center’s request that she unseal some documents in the lawsuit attempting to block the MediaNews Group acquisition of the San Jose Mercury News and the Contra Costa Times.