An English appeals court's recent decision dismissing a former Barclays trader’s bid to overturn a conviction for Libor-rigging bodes ill for similar appeals in connected cases that look to build arguments on a prosecution witness whose mistakes caused an “embarrassing debacle” for the Serious Fraud Office.
In a boost for TAP Pharmaceutical Products Inc., the states of Montana and Nevada have asked a federal judge to sign off on a settlement that would toss the company from a massive antitrust class action alleging that a spate of drug makers defrauded consumers by artificially inflating the prices of various prescription medications.
The European Commission has charged Chiquita Brands International Inc., Ireland's Fyffes Plc, Fresh Del Monte Inc., Dole Food Company Inc., and Ecuador's Exportadora Bananera Noboa with conspiring to fix the price of bananas, sending the companies formal statements of objection.
The Federal Trade Commission and U.S. Department of Justice challenged 32 mergers this past year, and some of the proposed deals that did not fare so well include those between Exelon Corp. and Public Service Enterprise Group Inc. and Johnson & Johnson and Guidant Corp.
American Airlines Inc. and four other Oneworld Alliance members have asked the U.S. Department of Transportation for antitrust immunity on their transatlantic routes, allowing them to synchronize programs such as frequent flier and scheduling services in order to create a more “seamless travel experience”.
A federal judge has once again pushed back the deadline for the parties involved in the massive antitrust case over alleged price-fixing of fuel surcharges in the air cargo industry to hammer out settlement deals.
In an attempt to get its memory device patent suit back on track, Rambus Inc. has shot down Nanya Technology Corp.’s allegations that it took part in a scheme to elbow out its rivals in the dynamic random access memory industry.
A group of U.K. financial services firms has urged European Commission regulators to reconsider new regulations, claiming that increased oversight of cross-border deals may be a burden for customers and companies.
Railroad company Burlington Northern Santa Fe Corp. on Tuesday disclosed that it has received a state grand jury subpoena requesting documents related to its practice of adding fuel surcharges to freight transportation services.
A former executive of pipeline construction company Willbros Group Inc. has been indicted on charges of conspiring to make corrupt payments to Nigerian officials in a bid to obtain a state-owned oil company, the U.S. Department of Justice said Monday.
The proposed merger announced Monday of the two largest offshore oil and gas drilling companies in the world, Transocean Inc. and GlobalSantaFe Corp., will be met with close scrutiny and potential objections from competition regulators, attorneys say.
Plaintiffs in a massive antitrust case against a group of natural gas wholesalers have lodged a second amended complaint, charging that the defendants' alleged price-fixing scheme violates Wisconsin state law and makes them eligible for treble damages.
The graphics chip makers accused of price-fixing graphics processing units (GPU) have secured a temporary stay of all discovery in the antitrust class action while the judge considers their motions for dismissal.
The European Commission has referred Poland to the European Court of Justice, claiming that the member state has refused to comply with repeated warnings to bring its electricity taxation system in line with European Union law.
The European Commission has told Italy, Austria, Germany and Finland that their policies for taxing dividends paid to companies and shareholders violate European Union law, and has ordered the member states to amend the legislation.
Three years after investigations into Hartford Financial Services Group Inc.'s alleged market timing and compensation agreements with brokers began, the insurance provider on Monday agreed to pay $115 million to settle claims with the attorneys general of three states.
A federal judge in a proposed antitrust class action against Netflix Inc. on Monday gave the public a peek inside Netflix and Blockbuster Inc.'s undisclosed settlement of a patent dispute, saying the agreement between the two companies was not anti-competitive.
A court stayed discovery in a putative class action on Monday against six of the largest U.S. credit card issuers that allegedly colluded to fix late fees charged to credit card holders, but a disagreement over possible arbitration in the case continues.
A slew of major airlines targeted in the air cargo price-fixing litigation are clamoring to put the brakes on the case, pushing for dismissals and a stay of discovery.
A judge has given a boost to plaintiffs in a longstanding multidistrict antitrust litigation alleging a conspiracy to fix the price of polyester staple fiber, granting their motion for class certification on Thursday.
A federal court has acquitted Finnish paper giant Stora Enso Oyj of antitrust charges levied by U.S. regulators, ruling that the company is not guilty of fixing the prices in the magazine paper industry.