Competition

  • December 29, 2006

    Antitrust Litigation Surged In 2006: Survey

    Antitrust litigation in the United States rose by as much as 29% in 2006, fueled by class actions in the wake of government investigations into alleged price-fixing in the airline and memory chip industries.

  • December 29, 2006

    Antitrust Litigation Yielded $3.4B In 2006: Survey

    Antitrust litigation in the United States resulted in settlements and fines of $3.4 billion in 2006, fueled by probes into alleged price-fixing in the insurance and memory chip industries, according to a survey by Competition Law360.

  • December 29, 2006

    Legislation To Watch In 2007

    With new majorities in both houses of Congress, the Democrats will have a chance to reshape antitrust policy once the 2007 congressional session begins. However, they will be up against many challenges that make drastic change improbable, experts say.

  • December 29, 2006

    Authorized Generics: An Issue To Watch In 2007

    Authorized generics are sure to be heavily debated again this year, since Democrats will likely push legislation to prohibit brand-name drug makers from marketing generic versions of their own drugs.

  • December 29, 2006

    Cases To Watch In 2007

    With at least four cases before the Supreme Court and many others scattered throughout federal district courts, 2007 is shaping up to be an important year in antitrust law.

  • December 21, 2006

    US Airways To Push On With Hostile Delta Bid

    US Airways plans to push on with its $8.4 billion hostile bid for bankrupt rival Delta Air Lines, dismissing antitrust concerns as unfounded and scoffing at Delta’s projection that it will be worth as much as $12 billion when it emerges from bankruptcy.

  • December 29, 2006

    DOJ Antitrust Fines Rise 40% In FY2006

    The U.S. Department of Justice obtained more than $473 million in fines in the fiscal year ended Sept. 30, 2006, an increase of over 40% from the preceding year, thanks in large part to the success of its crackdown on an international memory chip cartel, the DOJ said.

  • December 21, 2006

    U.S. DRAM Probe Nets Another Samsung Executive

    Yet another executive from Korea’s Samsung Electronics has agreed to plead guilty, serve jail time in the United States, and pay a fine for participating in a global conspiracy to fix DRAM prices, the U.S. Justice Department said on Thursday.

  • December 21, 2006

    Second Requests Drop In U.S. Merger Reviews

    The number of second requests in U.S. merger reviews dropped to just 1% in the fiscal year ended Sept. 31, despite a sharp rise in merger and acquisition activity, according to the U.S. Department of Justice.

  • December 21, 2006

    €30M Fine Looms For Finnish Paper Giant

    Finnish antitrust regulators have proposed a whopping 30 million euro fine for Stora Enso Oyj, a week after the paper producer’s U.S. unit was indicted for allegedly engaging in a price-fixing conspiracy in the timber industry.

  • December 21, 2006

    AstraZeneca's Legal Troubles Continue To Mount

    Days after the European Patent Office rejected a key substance-of-matter patent covering drug giant AstraZeneca’s blockbuster heartburn drug Nexium, antitrust challenges continue to mount over the drug in the United States.

  • December 21, 2006

    Nurses File Class Action Wage-Fixing Suit

    A putative class action lawsuit has been filed against six Detroit-area hospital systems, accusing them of conspiring to keep down wages of registered nurses, who claim to have been underpaid by hundreds of millions of dollars as a result.

  • December 21, 2006

    Chubb Settles Bid-Rigging Charges For $15M

    Insurance company Chubb Inc. has agreed to pay $15 million to wrap up an investigation into allegations that the company participated in a widespread bid-rigging scheme.

  • December 20, 2006

    E.C. Rejects Terms Of E.On/Endesa Merger

    After months of warning, the European Commission has definitively rejected the conditions imposed on the merger of energy companies E.On AG and Endesa SA by the Spanish government.

  • December 20, 2006

    E.U. Parliament Votes For Railway Competition

    The European Parliament’s transport committee has decided to support more competition on the continent’s national railway networks, which puts it at odds with the Council of the European Union.

  • December 20, 2006

    E.U. To Warn Germany Over Telecom Competition

    The European Commission has decided to give Germany an official warning over a new law defying the Commission’s 2003 order that dominant telecommunications companies open their networks to competition.

  • December 20, 2006

    Attorneys Root For Early Dismissal In Antitrust Case

    As attorneys anxiously await a ruling by the U.S. Supreme Court in the Bell Atlantic case, some who represent defendants in antitrust disputes are taking comfort in a Second Circuit decision that leaves open the possibility of obtaining early dismissal of an antitrust complaint.

  • December 20, 2006

    Judge Blocks Newspaper Deal

    After placing a temporary restraining order on MediaNews Group Inc. and Hearst Corp. last month, a California federal judge has taken another step to block two publishers from moving forward with a proposed deal to consolidate some of their newspaper operations in the San Francisco Bay Area.

  • December 19, 2006

    Delta CEO Wary Of Antitrust Implications

    Delta Air Lines Inc.’s chief executive on Tuesday said that US Airways Group Inc.’s $8.4 billion hostile takeover bid poses a bevy of antitrust concerns, but said the embattled carrier would not necessarily shy away from other merger opportunities.

  • December 19, 2006

    McDermott Bolsters Competition Group

    As part of an effort to further expand its worldwide competition group, McDermott Will & Emery has brought in two new partners, who will bolster the practices in the firm’s Brussels and London offices.