Makan Delrahim’s confirmation as head of the U.S. Department of Justice’s Antitrust Division comes with several major mergers up for review and politicians clamoring for stepped-up enforcement, and the decisions made on these deals could shed light on the direction and posture of the division going forward. Here, Law360 takes a look at some of the transactions waiting on Delrahim's desk.
A federal grand jury indicted Nippon Chemi-Con Corp. for participating in a long-running conspiracy to fix prices for electrolytic capacitors, the U.S. Department of Justice announced Wednesday.
In a closing argument that lasted 5 1/2 hours, counsel for former former HSBC foreign currency exchange executive Mark Johnson told a Brooklyn federal jury Wednesday that Johnson, despite defrauding Cairn Energy through a $3.5 billion forex deal, is a good man, an innocent man incapable of committing fraud and, for good measure, there was no fraud.
Discount retailer Dollar Tree Inc. on Wednesday attacked counterclaims lobbed by the purchaser of its divested stores in its Delaware suit seeking payment for inventory, saying Dollar Express has no facts to back up its argument that Dollar Tree sought to sink the stores after the transfer.
A Florida federal judge declined Wednesday to reconsider the dismissal of claims against an Argentine sports media rights company in a bribery and antitrust lawsuit against a group of 21st Century Fox Inc. units over broadcast rights for South American soccer tournaments.
President Donald Trump on Thursday named Joseph J. Simons of Paul Weiss Rifkind Wharton & Garrison LLP to lead the Federal Trade Commission in a bid to fill one of the major gaps in his administration’s leadership on antitrust, merger and consumer protection policy.
AT&T Inc. on Wednesday said that Brazil’s antitrust authority has conditionally approved its planned $85.4 billion purchase of Time Warner Inc., leaving the U.S. Department of Justice as the last regulatory hurdle for the megadeal.
A California federal judge on Tuesday threw out most of a defunct taxi company’s claims that Uber Technologies Inc. is running an unlicensed, unregulated taxi service that unfairly competes with “authentic” taxis, but asked the parties to provide more information about the claims that remain.
Connecticut Democratic Sen. Richard Blumenthal sent a letter to the head of the Federal Energy Regulatory Commission on Tuesday asking it to investigate allegations that utilities Eversource Energy and Avangrid manipulated electricity prices in the region, costing New England consumers $3.6 billion in higher energy bills.
Tire maker Bridgestone Corp. has agreed to pay $9.36 million to settle claims in multidistrict litigation over an alleged price-fixing scheme for certain rubber parts, the company said Tuesday in Michigan federal court.
Australia's competition watchdog said Wednesday it is keeping an eye on French hotel group Accor SA’s AU$1.3 billion (US$1 billion) deal for Mantra Group, less than a week after the proposed tie-up was revealed.
Europe's competition enforcer said on Wednesday that it has approved Becton Dickinson and Co.'s planned $24 billion purchase of fellow New Jersey-based medical supply company C.R. Bard Inc., accepting the divestment proposed by BD last month.
Interest rate swap trading company MarkitServ Ltd. has settled allegations it has a monopoly on the processing service industry brought by financial technology company TrueEx LLC, according to a filing in New York federal court Tuesday.
The Seventh Circuit on Tuesday threw out a bid by Wrigley Field-area rooftop owners for a rehearing of their case accusing the Chicago Cubs of breaching a contract to prevent the obstruction of stadium sightlines, with all of the judges on the original appellate panel denying the petition for rehearing.
A federal jury in Delaware on Wednesday cleared telephone headset maker Plantronics Inc. of antitrust claims asserted by Jabra brand parent GN Netcom Inc., finding after a weeklong trial that its so-called Plantronics-only distributors do not violate the Sherman and Clayton acts.
The U.K.’s antitrust watchdog announced plans Wednesday to introduce new rules to challenge a near-monopoly in insurance for defects in new buildings, which a single body provides for around 80 percent of new homes.
Verizon has agreed to pay $17.68 million to end an investigation by the Federal Communications Commission and the U.S. Department of Justice into possible violations of competitive bidding rules for a federally backed program that brings internet services to schools, the FCC announced Tuesday.
The antitrust claims Jabra brand parent GN Netcom Inc. lodged against telephone headset maker Plantronics Inc. are expected to go to a federal jury Wednesday after the weeklong trial in Delaware came close to closing Tuesday in a case where damages could measure up to $600 million.
The U.S. Department of Justice gave closing arguments Tuesday in the trial of former HSBC foreign currency exchange executive Mark Johnson, asking a jury in Brooklyn why, if Johnson is not guilty of defrauding Cairn Energy through a $3.5 billion forex deal, is he talking on the phone like a guilty man.
Songkick asked a California federal court on Monday to sanction Ticketmaster LLC and Live Nation Entertainment Inc. over their late production of thousands of discovery documents two months before trial in its lawsuit over their alleged monopoly on ticket sales.
Europe’s antitrust watchdog opened an in-depth investigation on Tuesday into a planned joint venture between Texas-based specialty materials company Celanese Corp. and private equity giant the Blackstone Group over concerns it could hurt competition in the market for acetate tow.
Despite a number of key federal antitrust posts remaining vacant, the antitrust authorities have remained quite active. Here, attorneys with Arnold & Porter Kaye Scholer LLP discuss five recent transactions and what those cases mean for merger enforcement in the United States in the coming months and years.
Judge Shira Scheindlin recently published an op-ed in The New York Times discussing the statistical truth that law firms have poor representation of female attorneys as first-chair trial lawyers. Backed by data collected by the New York State Bar Association, Judge Scheindlin’s observation is not merely anecdotal. But it doesn’t have to be inevitable, says Sarah Rathke, a partner and trial lawyer at Squire Patton Boggs LLP.
We regularly receive queries from clients regarding the legality of director interlocks under Section 8 of the Clayton Act. But another important question to consider is the potential risk created by interlocking directors under Section 1 of the Sherman Act or Section 5 of the Federal Trade Commission Act, say Pat Pascarella and Nate Newman of Tucker Ellis LLP.
If conducted properly, depositions can be a powerful tool. At times, though, opposing counsel employ tactics to impede the examiner’s ability to obtain unfiltered, proper testimony from the deponent. By knowing and effectively using applicable rules and case law, however, deposing attorneys can take specific steps to combat these tactics, say attorneys with Ogletree Deakins Nash Smoak & Stewart PC.
Litigator Roberta Walburn’s rollicking new book, "Miles Lord: The Maverick Judge Who Brought Corporate America to Justice," is a really good read — a fascinating story about a life lived in the heat of battle and usually at the edge of what might have been considered appropriate for a federal judge, says Chief U.S. District Judge John Tunheim of the District of Minnesota.
There is a lack of empirical evidence that the singular goal of profit maximization would lead to collusion by machines. But even if possible, algorithmic collusion could be limited in its scope, says Ai Deng of Bates White LLC.
For as long as e-discovery lawyers have been using technology assisted review, a belief has persisted that it cannot be used economically or effectively in small cases. But TAR can be highly effective in small cases, typically reducing the time and cost of a review project by 60 to 80 percent, say John Tredennick, Thomas Gricks III and Andrew Bye of Catalyst Repository Systems LLC.
The Sedona Conference Working Group's updated Sedona Principles provides a timely reminder that the legal industry needs to be thinking more seriously about the interconnectedness between e-discovery and information governance, says Saffa Sleet of FTI Consulting Inc.
Albert Einstein famously said, “The definition of insanity is doing the same thing over and over again, but expecting different results.” That maxim applies to large companies that seek more value and diversity from their outside counsel by expecting big firms to change. There’s a simple solution to this problem, according to attorneys Margaret Cassidy, Sara Kropf and Ellen D. Marcus.
Two recent studies from the latest volume of "Health Affairs" — an academic journal focused on health care economics and policy — yield results that could have important implications for antitrust enforcement in health care markets, say Samuel Weglein and Dov Rothman of Analysis Group Inc.