Competition

  • March 13, 2006

    Oil Execs To Fuel Debate Over Antitrust Bill

    Senior oil executives are set to testify before the Senate Judiciary Committee on Tuesday about high oil and gas prices and competition in the industry, which are key parts of legislation proposed by Committee Chairman Arlen Specter, R-Pa.

  • March 13, 2006

    Boston Scientific Curiously Withdraws Then Refiles

    With the takeover plans moving full steam ahead, medical device maker Boston Scientific Corp. has voluntarily withdrawn and refiled an antitrust notification regarding its $27 billion bid for heart device maker Guidant Corp.

  • March 13, 2006

    Gibson Dunn Lures White-Collar Crime Expert To NYC

    In the latest step in its litigation practice expansion, Gibson, Dunn & Crutcher LLP has netted seasoned litigator Jim Walden to join its New York office as a partner in the firm's Business Crimes and Investigations Practice Group and Antitrust and Trade Regulation Practice Group.

  • March 17, 2006

    Brussels Snapshot: McDermott Will & Emery Stanbrook

    Although the name McDermott Will & Emery may be new in Brussels, the fourth name in the firm’s moniker, Stanbrook, is familiar to competition lawyers across Europe. McDermott combined with boutique competition firm Stanbrook & Hooper in 2004, gaining a wealth of experience and an extensive client list.

  • March 13, 2006

    Spitzer Finishing Up Talks In Bid-Rigging Suit

    New York State Attorney General Eliot Spitzer is apparently close to wrapping up discussions with U.S. and foreign insurers and brokers who have come under scrutiny during a two-year fraud and bid-rigging investigation.

  • March 8, 2006

    E.U. Calls For Lower Costs Of Cross-Border Share Trades

    In a warning directed at stock exchanges and securities firms, European Union regulators said Tuesday that they would file antitrust lawsuits and impose new regulations unless the financial industry eliminates obstacles to competition in cross-border trades by July.

  • March 8, 2006

    Monopoly Concerns Raised In French Energy Merger

    Gaz de France SA and Suez SA, the French energy companies currently involved in a blockbuster merger, will have to sell off some of their Belgian businesses to prevent monopolizing the country’s energy market, Belgium's prime minister said Wednesday.

  • March 8, 2006

    Lufthansa To Cooperate With Air Cargo Probe

    Germany’s Lufthansa Airlines has agreed to cooperate with the international probe into the air cargo industry, in a move that could eventually win the carrier immunity from prosecution in connection with antitrust allegations.

  • March 7, 2006

    Rating Agencies Need Competition, Congress Told

    Financial industry representatives told the Senate Banking Committee on Tuesday that Congress should increase oversight of credit-rating firms and enact legislation in order to foster greater competition.

  • March 8, 2006

    Rivals Say Microsoft Acting Unfairly In Antitrust Case

    In a confidential filing with the European Commission, software groups have accused Microsoft Corp. of setting out a “poisoned honeypot” by offering open source code in the antitrust litigation that has ensnared the software giant.

  • March 7, 2006

    Argentina Bids For E.U. Help In Monsanto Roundup Row

    A long-running feud between biotech giant Monsanto Co. and Argentina over royalty payments on genetically modified Roundup Ready soybeans has reached a boiling point, prompting the country to solicit intervention by the European Commission.

  • March 7, 2006

    Lumber Companies Allege Strand Board Conspiracy

    Several class action suits have been filed against North American producers of oriented strand board, with wholesale lumber companies lobbing allegations of conspiracy and price fixing at the strand board makers.

  • March 7, 2006

    Lockheed, Boeing Could Terminate Rocket-Launch Deal

    If a deal between Lockheed Martin Corp. and Boeing Co. does not win regulatory approval by the end of this month, a clause in the contract provides an out for the companies, allowing either one to terminate the proposed merger of their military rocket-launch units.

  • March 6, 2006

    Microsoft Enlists U.S. Courts In E.U. Antitrust Case

    Frustrated abroad, Microsoft Corp. has run back under the skirt of the United States in hopes that the nation’s courts can help the software giant in its continued battle over a 2004 European Union antitrust ruling.

  • March 6, 2006

    AT&T, BellSouth Merger Breeds Few Antitrust Concerns

    Twenty years after antitrust concerns led to the dismantling of AT&T, the phone company will once again submit to antitrust scrutiny after moving to purchase Bell South for $67 billion.

  • March 6, 2006

    Wary Of €22B Takeover Bid, Endesa Takes Aim

    In a bid to block a €22-billion takeover deal, Endesa, Spain's largest electricity supplier, has launched an attack against Gas Natural SDG SA in a U.S. federal court, alleging the company made false and misleading disclosures in its move to acquire Endesa.

  • March 6, 2006

    Antitrust Claims Dismissed In Texas Instruments Suit

    One month after winning a $112-million jury verdict in its patent infringement countersuit, Texas Instruments Inc. has dodged charges in concurrent antitrust litigation after the plaintiff failed to prove the patents in suit constitute market power.

  • March 3, 2006

    E.U. Threatens Poland Over Bank Merger Opposition

    Citing "nationalist rhetoric," European regulators are planning to warn Poland’s government over its attempts to block a bank merger that has already been approved by the European Commission.

  • March 3, 2006

    Commission Orders France To Explain Role In Merger

    Investigating whether France illegally blocked an Italian utility company’s takeover bid, the European Commission ordered France to explain by March 17 the events that resulted in a merger between two French energy companies, Suez and Gaz de France.

  • March 3, 2006

    E.U. Probes Boston Scientific, Abbott Over Guidant Bids

    The European Commission has initiated an antitrust investigation into medical device maker Boston Scientific Corp.’s $27-billion takeover bid for heart device maker Guidant Corp.