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.
In a scorching indictment of the European Commission's merger reviews, a Luxembourg-based court has set aside the approval of a merger between two titans that control one third of the world's music market.
The European Court of Justice has annulled a €31 million fine levied against Volkswagen for allegedly requiring dealers to sell its cars at a certain price, upholding a lower court ruling that the European Commission had not shown “any actual acquiescence by the dealers.”
The Federal Trade Commission asked Cephalon Inc. Wednesday for more information about Cephalon's patent infringement suit settlements relating to the narcolepsy drug Provigil.
European antitrust regulators slapped Microsoft Corp. with a landmark €280.5 million—$357 million—fine for the software giant’s perceived non-compliance with technical disclosure requirements the European Commission imposed as part of a 2004 decision that Microsoft abused its dominant market position.
Determined to press on with its fight on both sides of the Atlantic, Advanced Micro Devices Inc. is in the midst of filing a formal antitrust complaint in Germany against its microprocessor nemesis Intel Corp.
Against the backdrop of its probe into Europe's telecommunications industry, the European Commission launched a plan Wednesday that aims to cap the fees mobile phone operators can charge for international calls.
A group controlled by billionaire investor George Soros orchestrated a bid-rigging scheme to win the auction for the General Motors Building, according to a $750 million lawsuit filed by a rival investment group.
The French government is planning to introduce class action lawsuits, drawing praise from consumer groups and prompting fear from business that U.S.-style legal excess will hurt the country’s economy.
Skeptical of the government’s efforts to resolve antitrust issues in the recent baby bell mergers, a judge asked the Department of Justice on Wednesday to prove the settlements in both cases adequately addressed all competition concerns.
The credit rating industry could face major reforms in the near future as a result of the Credit Rating Agency Duopoly Relief Act, set for a vote this week.
Microsoft Corp. could face a €3 million ($3.8 million) daily fine if it continues to defy European antitrust regulators, according to published reports.
In an aggressive attack to assert its patents related to aminolevulinic acid, Dusa Pharmaceuticals Inc. has shot off a spate of lawsuits against an Arizona chemical supplier and six physicians in multiple states for infringing its patents and, in some cases, engaging in unfair competition and infringing its trademark.
The flood of class action lawsuits against British Airways and Virgin Atlantic shows no sign of waning, with two more individuals suing the airlines Monday for illegally boosting passenger ticket prices through fuel surcharges.
A revamped deal designed to preserve two drug giants’ hold on the lucrative market for the blockbuster drug Plavix could fall to pieces under the weight of an earlier antitrust settlement with the Federal Trade Commission.
A regional network has followed through on its threat to sue cable giant Comcast Corp. for antitrust violations, seeking $150 million from the company for alleged conflict of interest in business deals and for stunting the reach of its programming.
Although the two largest telecommunications mergers in history have already been approved by regulators, a federal judge is raising questions about some of the specifics of the agreements and may order major changes.
In a move to keep huge retailers out of the financial services market, house legislators will offer up a new bill this week to clamp down on commercial companies, such as Wal-Mart Stores Inc. and Home Depot Inc., looking to control their own banks.
A New Yorker and a Pennsylvanian have become the latest in a string of plaintiffs to file suits against some of the world’s major airlines, accusing them of illegally boosting passenger ticket prices through fuel surcharges.
The $100 million stumbling block that has been preventing money manager Mario Gabelli from settling antitrust charges brought by the Department of Justice has been removed, clearing the way for a deal to be finalized.
Online fax and messenger service provider Venali Inc. has launched a counterattack against J2 Global Communications Inc., accusing its nemesis of violating federal antitrust, trademark competitiveness and patent laws related to the Internet fax market.