Makan Delrahim’s confirmation as head of the U.S. Department of Justice’s Antitrust Division comes with several major mergers up for review and politicians clamoring for stepped-up enforcement, and the decisions made on these deals could shed light on the direction and posture of the division going forward. Here, Law360 takes a look at some of the transactions waiting on Delrahim's desk.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.