The U.S. Department of Justice will step into court Monday for its first trial challenging an almost purely vertical merger in 40 years, alleging that AT&T’s planned, $85 billion purchase of Time Warner will give AT&T too much power over rival distributors.
With the market for antitrust litigation heating up, Mayer, Brown, Rowe & Maw LLP beat out the competition by a landslide as the most sought-after antitrust defense firm last year, according to our survey of the 300 largest firms in the United States.
Stung with accusations over a deal regarding its blood thinning medication Plavix, Bristol-Myers Squibb Co. was the health care company most embroiled in antitrust litigation in 2006, according to our survey of the 50 largest health care companies.
Although federal regulators investigated large oil and gas companies in 2006 over possible price-fixing, our latest survey reveals that there were very few antitrust cases filed in 2006 involving the top 65 oil and gas companies and utilities in the S&P 500.
A surge in antitrust litigation has meant fertile ground for plaintiffs’ firms, but Cohen, Milstein, Hausfeld & Toll outshone the bevy of outfits fighting for courtroom action as the most in-demand plaintiffs’ antitrust practice last year, according to our survey of the 300 largest firms in the United States.
Europe’s antitrust watchdog on Tuesday said it has carried out unexpected raids at the offices of power transformer makers in France, Germany, and Austria as part of a probe into possible price-fixing at the companies.
Mergers of European companies may be more strictly regulated in the near future, thanks to new draft guidelines submitted for public consultation by the European Commission Tuesday.
A legal adviser to Europe's highest court said Tuesday that Germany could not shield Volkswagen AG, its largest auto maker, from foreign takeovers under a law deemed protectionist by European Union competition regulators.
After a month filled with accusations, investigations and fines, German engineering giant Siemens AG has temporarily suspended three employees believed to have colluded to fix the price of transformers in the country.
A federation of multinational companies in Switzerland on Tuesday opposed the European Union’s request that the country change its tax rules, arguing that the bloc was trying to interfere in market dynamics and distort competition.
Business leaders, government officials, consumer advocates and academics will convene in Washington D.C. on Tuesday and Wednesday to discuss the increasingly heated subject of “net neutrality.”
An administrative law judge has recommended the approval of a $1 billion merger of two Pennsylvania gas companies, a deal that’s currently being investigated by the Pennsylvania attorney general and the U.S. Federal Trade Commission for its potentially anti-competitive effects.
Hoping to shift some blame, packaging giant Visy Industries Ltd. wants to see details of the immunity deal that rival Amcor Ltd. struck with regulators in exchange for exposing the duo’s alleged cartel in the corrugated cardboard industry.
A legal adviser to Europe's highest court is set to issue a ruling on Tuesday on whether Germany can shield Volkswagen AG, its largest auto maker, from a foreign takeover under a law that European Union competition regulators have called protectionist and sought to overturn.
France joined in with European Union officials on Monday in expressing disappointment with the United States’ new farm bill proposal, saying it had hoped for more ambitious cuts in domestic subsidies that it alleges distort the global market.
Weeks after the European Commission handed down its largest penalty ever in a cartel case, the Czech antitrust regulator has hit the same group of companies with a $44.8 million fine for their alleged involvement in a conspiracy to fix the prices of gas-insulated switch gear equipment.
An Australian court’s ruling that a medical supplier to public hospitals shared government immunity to flout antitrust laws has become a test case for the country’s High Court.
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.