The U.S. Department of Justice recently filed a brief asking the U.S. Supreme Court to let stand its Second Circuit loss in a lawsuit against American Express Co. over the company's merchant anti-steering rules, leaving antitrust practitioners searching for an explanation of the government's motives.
Senior oil executives are set to testify before the Senate Judiciary Committee on Tuesday about high oil and gas prices and competition in the industry, which are key parts of legislation proposed by Committee Chairman Arlen Specter, R-Pa.
With the takeover plans moving full steam ahead, medical device maker Boston Scientific Corp. has voluntarily withdrawn and refiled an antitrust notification regarding its $27 billion bid for heart device maker Guidant Corp.
In the latest step in its litigation practice expansion, Gibson, Dunn & Crutcher LLP has netted seasoned litigator Jim Walden to join its New York office as a partner in the firm's Business Crimes and Investigations Practice Group and Antitrust and Trade Regulation Practice Group.
Although the name McDermott Will & Emery may be new in Brussels, the fourth name in the firm’s moniker, Stanbrook, is familiar to competition lawyers across Europe. McDermott combined with boutique competition firm Stanbrook & Hooper in 2004, gaining a wealth of experience and an extensive client list.
New York State Attorney General Eliot Spitzer is apparently close to wrapping up discussions with U.S. and foreign insurers and brokers who have come under scrutiny during a two-year fraud and bid-rigging investigation.
In a warning directed at stock exchanges and securities firms, European Union regulators said Tuesday that they would file antitrust lawsuits and impose new regulations unless the financial industry eliminates obstacles to competition in cross-border trades by July.
Gaz de France SA and Suez SA, the French energy companies currently involved in a blockbuster merger, will have to sell off some of their Belgian businesses to prevent monopolizing the country’s energy market, Belgium's prime minister said Wednesday.
Germany’s Lufthansa Airlines has agreed to cooperate with the international probe into the air cargo industry, in a move that could eventually win the carrier immunity from prosecution in connection with antitrust allegations.
Financial industry representatives told the Senate Banking Committee on Tuesday that Congress should increase oversight of credit-rating firms and enact legislation in order to foster greater competition.
In a confidential filing with the European Commission, software groups have accused Microsoft Corp. of setting out a “poisoned honeypot” by offering open source code in the antitrust litigation that has ensnared the software giant.
A long-running feud between biotech giant Monsanto Co. and Argentina over royalty payments on genetically modified Roundup Ready soybeans has reached a boiling point, prompting the country to solicit intervention by the European Commission.
Several class action suits have been filed against North American producers of oriented strand board, with wholesale lumber companies lobbing allegations of conspiracy and price fixing at the strand board makers.
If a deal between Lockheed Martin Corp. and Boeing Co. does not win regulatory approval by the end of this month, a clause in the contract provides an out for the companies, allowing either one to terminate the proposed merger of their military rocket-launch units.
Frustrated abroad, Microsoft Corp. has run back under the skirt of the United States in hopes that the nation’s courts can help the software giant in its continued battle over a 2004 European Union antitrust ruling.
Twenty years after antitrust concerns led to the dismantling of AT&T, the phone company will once again submit to antitrust scrutiny after moving to purchase Bell South for $67 billion.
In a bid to block a €22-billion takeover deal, Endesa, Spain's largest electricity supplier, has launched an attack against Gas Natural SDG SA in a U.S. federal court, alleging the company made false and misleading disclosures in its move to acquire Endesa.
One month after winning a $112-million jury verdict in its patent infringement countersuit, Texas Instruments Inc. has dodged charges in concurrent antitrust litigation after the plaintiff failed to prove the patents in suit constitute market power.
Citing "nationalist rhetoric," European regulators are planning to warn Poland’s government over its attempts to block a bank merger that has already been approved by the European Commission.
Investigating whether France illegally blocked an Italian utility company’s takeover bid, the European Commission ordered France to explain by March 17 the events that resulted in a merger between two French energy companies, Suez and Gaz de France.
The European Commission has initiated an antitrust investigation into medical device maker Boston Scientific Corp.’s $27-billion takeover bid for heart device maker Guidant Corp.