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.
Defense contractor General Dynamics Corp. has found a buyer for its 50% stake in American Ordnance LLC, which the Federal Trade Commission forced it to divest to go through with its $275 million purchase of SNC Technologies Inc.
Australia’s competition watchdog said Thursday it would not speculate on reports it could block a proposed $13.3 billion merger between AGL Energy and Origin Energy.
In a move that may resolve a drawn-out dispute stemming from a 2003 billion-dollar settlement fund in an antitrust class action against Visa USA Inc. and MasterCard International Inc., the U.S. Department of Justice has reached a proposed settlement with a class of merchants and the credit card giants.
Besieged by mounting allegations of anti-competitive practices, U.S. technology company Qualcomm is now the subject of a full-scale investigation by South Korea’s antitrust watchdog.
Data storage company Storage Technology Corp. agreed to a pay out an undisclosed sum Tuesday to settle antitrust charges brought by the same rival it filed a copyright and patent infringement suit against four years ago.
Duane Morris LLP wants a new trial against healthcare bigwig McKesson Corp., because, it claims, there is no longer a conflict between its representation of McKesson subsidiaries in a bankruptcy case and its role in a competition suit against the company.
While efforts by pharmaceutical companies to protect market share have always drawn the scrutiny of regulators, recently uncovered documents from Abbott Laboratories have cast a new light on some of these questionable tactics.
For much of its history, the Supreme Court has granted cert to at most one or two antitrust cases a year. But 2007 is turning out different, as the Court already has at least four competition cases on its schedule, with the possibility of more to come.
The takeover of Hard Rock Café International USA by the Seminole Tribe of Florida has raised the ire of another would-be suitor, which filed a lawsuit on Friday alleging that the bid was rigged.
Private equity firms may have had a record year in 2006, but at least 13 of the most prominent firms are now facing a proposed class action lawsuit over alleged antitrust and securities violations.
United Healthcare Corp. will have to add federal racketeering and antitrust charges to its list of legal woes now that a judge has allowed class action plaintiffs to tack the additional charges onto an ongoing suit.
The St. Paul Travelers Companies Inc. has agreed to stop paying contingent commissions to insurance agents and brokers, according to Connecticut Attorney General Richard Blumenthal, who has been fighting the illegal bid-rigging practice.
The Federal Trade Commission has approved General Dynamics Corp.’s $275 million purchase of SNC Technologies Inc., though it also forced the defense contractor to sell its 50% stake in American Ordnance LLC.
The largest life insurer in the United States will pay $19 million and change business practices as part of a settlement regarding contingent commissions that will stand as one of Eliot Spitzer’s final acts as New York’s attorney general.
The federal judge overseeing Advanced Micro Devices Inc.’s antitrust suit against Intel Corp. has entered an order directing Intel to turn over evidence the plaintiff says shows evidence of Intel’s misconduct beyond U.S. borders.
Advocate Health Partners, which represents more than 2,900 independent Chicago-area physicians, has reportedly accepted the terms of a consent order settling allegations that the company agreed to fix prices and refused to deal with certain health plans except on collectively determined terms.
The Federal Communications Commission has approved the merger of telecommunications companies AT&T Inc. and BellSouth Corp., removing the final obstacle standing in the way of the $86 billion deal.
State and federal crackdowns on insurance antitrust practices have brought another pricey resolution as brokerage Arthur J. Gallagher & Co. will pay $36.9 million to settle a federal class-action lawsuit that accused the company of steering business for contingent commissions.
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.