Competition

  • March 16, 2006

    EC Asserts Jurisdiction In Proposed E.On Merger

    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.

  • March 22, 2006

    Brussels Snapshot: Hogan & Hartson

    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.

  • March 16, 2006

    Toyota Resolves Antitrust Suits For $35M

    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.

  • March 15, 2006

    E.U. Officials Divided Over Energy Regulator Proposal

    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.

  • March 21, 2006

    Brussels Snapshot: Latham & Watkins

    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.

  • March 15, 2006

    WTO Suspends Original Deadline For Subsidy Dispute

    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.

  • March 15, 2006

    BASF, Daiichi Vitamin Cartel Fines Slashed By E.U. Court

    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.

  • March 15, 2006

    Abbott Bids To Toss Antitrust Charges Over TriCor

    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.

  • March 20, 2006

    Brussels Snapshot: White & Case

    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.

  • March 14, 2006

    Insurance Giant Settles California Investigation

    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.

  • March 14, 2006

    Suit Claims Micron Engaged In Price-Fixing Scheme

    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.

  • March 14, 2006

    Judge Shelves Antitrust Suit Against Northwest

    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.

  • March 14, 2006

    Solvay, Akzo Nobel Fined $72M For Chemical Cartels

    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.

  • March 13, 2006

    BMW, GM Change Policies After EC Launches Probe

    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.

  • March 13, 2006

    Boston Scientific Curiously Withdraws Then Refiles

    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.

  • March 13, 2006

    Oil Execs To Fuel Debate Over Antitrust Bill

    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.

  • March 13, 2006

    Spitzer Finishing Up Talks In Bid-Rigging Suit

    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.

  • March 13, 2006

    EC Eases Subsidy Rules For Small Companies

    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.

  • March 13, 2006

    Gibson Dunn Lures White-Collar Crime Expert To NYC

    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.

  • March 17, 2006

    Brussels Snapshot: McDermott Will & Emery Stanbrook

    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.