The U.S. Supreme Court is set to hear oral arguments Monday in a case challenging anti-steering rules that American Express Co. imposes on merchants, and the antitrust bar will be keeping a close watch on how the justices approach the rule of reason, an important but underdeveloped tool for weighing competitive effects in antitrust cases.
Marking the latest prison sentences to be doled out in a wide-ranging concrete price-fixing scandal in Indiana, three concrete company employees were sentenced to jail time and given fines on Friday for their roles in the multi-company conspiracy.
While upholding a lower court ruling that an ice cream maker’s patent was not violated because it was fraudulently acquired, the Federal Circuit has reversed an antitrust ruling against the company.
Norwegian antitrust authorities have raided a Siemens unit, looking for evidence from the German engineering and technology company in connection with an investigation into alleged collusion in the fire protection sector.
A group of foreign companies embroiled in a class action antitrust case against United States monosodium glutamate (MSG) producers ate crow on Thursday, after an appeals court judge ruled that their suit had no standing.
Bank of America Corp. has entered into a leniency deal with the U.S. Department of Justice as part of the agency’s investigation into anti-competitive bidding activities in the municipal bond sector.
The European Union has fired back in its long-running dispute with the United States over subsidies for Boeing Inc. and Airbus, filing a response to claims the U.S. made in an earlier complaint filed with the World Trade Organization.
The European trade chief on Friday insisted on the need for strict, cross-national regulations to help stabilize the energy market and encourage the use of clean, green technology – areas he said now exist in an “international legal vacuum.”
The government of Venezuelan President Hugo Chavez signed an agreement Thursday to nationalize the utility company Electricidad de Caracas, which is owned by U.S.-based AES Corp.
European Union Competition Commissioner Neelie Kroes highlighted areas of concern in Europe’s business insurance industry on Friday at a public hearing.
Sanofi-Aventis was dealt a blow in its attempt to prevent a generic version of its popular anti-clotting drug Lovenox when a U.S. District Court judge ruled that the drug maker was deceptive when it applied for the patent for the drug.
Regulators in several of the Mexico’s most crucial sectors must be endowed with more autonomy if the country’s economy is to become more competitive, the head of Mexico's antitrust watchdog said Wednesday.
An Australian court has fined a premium cosmetics company $3.4 million for a decade of price-fixing, ruling the conduct was excusable but still illegal.
In a move that could prompt a trade spat with the United States, several state governments in Australia have vowed to shun plans to open the country’s blood plasma supply market to overseas companies.
Despite numerous appeals over the last six years by the company, the European Court of Justice forced French food manufacturer Groupe Danone to pay a € 42.41 million fine on Thursday for taking part in a beer cartel.
Already facing an antitrust lawsuit from consumers, technology display maker LG.Philips LCD now faces a class action suit from shareholders who say the company’s anti-competitive behavior led to a huge drop in its stock price.
The United Kingdom’s Office of Fair Trading has handed off a case dealing with the payment protection insurance market to the Competition Commission for a full-scale investigation.
The European Commission has opened a formal in-depth investigation into corporate tax-break legislation proposed in the Netherlands, saying the scheme could violate the bloc’s rules against state aid.
Stepping into the fray, two leading economists are pushing the Supreme Court to adopt a modified approach to governing vertical minimum price-fixing in advance of an upcoming case on the subject.
Three U.S. army officers and two accomplices were indicted on Wednesday for rigging over $8.6 million worth of contracts in a scheme that stole millions of dollars from the Coalition Provisional Authority in Iraq.
In response to Apple Inc. CEO Steve Jobs’ comments addressing iTunes’ antitrust issues, Norway’s Consumer Council said on Wednesday that though it praised the company for taking the issue seriously, Apple was hiding behind record companies instead of examining the key issues.