Like its chief expert witness who testified Wednesday, the U.S. Department of Justice has built its antitrust challenge to AT&T’s $85 billion quest for Time Warner around numbers, culminating in hundreds of millions of dollars in alleged consumer television subscription price increases the government says the merger will create.
The European Commission has affirmed that merger laws give it the authority to review the proposed takeover of Spain’s Endesa SA by Germany’s E.On AG. The same laws had prevented the EC from reviewing the proposed merger of Endesa and Barcelona-based Gas Natural last year.
As increased European Commission scrutiny of competition law violations have companies scrambling for antitrust representation, the Brussels office of Hogan & Hartson has taken the opportunity to beef up its practice group, adding partner John Pheasant to its roster.
Cutting its ties from a string of antitrust lawsuits that have dragged on since 2003, Toyota Motor Sales USA has decided to pony up $35 million to resolve approximately 75 pending suits alleging the company colluded with other auto makers to block U.S. customers from seeking lower prices in Canada.
Amid a growing sensitivity to energy prices and national protectionism across the continent, the first full debate on whether the European Union should adopt a bid by the European Commission to instate a single regulator to oversee the country’s €250 billion electricity and natural-gas markets has left energy ministers divided.
One of the most recent additions to the competition law practices in Brussels, Latham & Watkins has drawn on the diverse experience of its attorneys to quickly build a sought-after team.
Setting the course for a drawn-out and costly battle, the United States and the European Union have deadlocked in an ugly dispute over government subsidies to two airplane manufacturers before the World Trade Organization, prompting the WTO to formally suspend the original July deadline for the investigation’s completion.
A European Union court has slashed fines that had been imposed on the world’s largest chemical company, BASF AG, for its role in illegal vitamin cartels, ruling that regulators failed to prove the company's role as a cartel ringleader.
A persistent legal battle plagues Abbott Laboratories one year after the company resolved a patent dispute with Israeli drug maker Teva Pharmaceutical Industries Ltd., which has accused Abbott of antitrust violations over its blockbuster cholesterol treatment TriCor.
At the end of the month, the competition group at White & Case will head to the courtroom for a hearing in one of the most-watched antitrust cases in recent memory. Representing Microsoft Corp. in the myriad of allegations lodged against the company, White & Case will rely on its transatlantic capabilities to defend the multinational computer giant.
Marsh & McLennan Cos., the globe’s biggest insurance brokerage, has reached a deal with California investigators concerning the company’s controversial commission practices and alleged fraudulent activity.
Micron Technology Inc. was smacked with a class action suit Friday which alleged the company fixed the prices of its semiconductor computer memory product and artificially inflated the company’s stock.
Siding with Northwest Airlines Corp., a federal bankruptcy judge has stayed a long-standing antitrust class action lawsuit brought against the struggling carrier, unconvinced that the litigation merits the disruption of Northwest’s ongoing reorganization efforts.
Two European chemical companies are slated to collectively shell out more than $72 million in criminal fines after pleading guilty to allegations that the companies participated in international price-fixing cartels in the hydrogen peroxide and sodium perborates industries, according to the Department of Justice.
A European Commission investigation into possible trade restriction by BMW AG and General Motors Corp. has led the automakers to allow their dealers to sell and service other brands.
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.
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.
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.
As part of an ongoing effort to simplify state aid rules, the European Commission has proposed easing the regulations that control subsidies for small companies.
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.