The multidistrict litigation over alleged price-fixing of generic drugs recently consolidated in Pennsylvania’s Eastern District has the potential to emerge as one of the thorniest court fights in the country, and some observers have raised concerns that the numerous defendants could make it harder for individual companies to avoid getting more deeply embroiled in the litigation.
Forty states on Monday defended their lawsuit against six generic-drug manufacturers alleging they divided the market and fixed the price of an antibiotic and a diabetes treatment, saying they have the authority to seek an injunction and monetary relief under federal antitrust law.
The U.K.'s Competition and Markets Authority provisionally found Tuesday that pharmaceutical company Merck Sharp & Dohme Ltd. has operated an anti-competitive discount scheme for its popular brand-name arthritis medicine Remicade in an attempt to keep rival generic drugs off the market.
A Pennsylvania federal judge has agreed to trim damage calculations put forward by an expert for Apotex Inc. in a dispute over how it was impacted by generic Provigil pay-for-delay deals it is challenging in court, ruling that two of the three offered calculations that relied on questionable assumptions.
The investors who sued several big financial institutions for allegedly rigging interbank loan rates asked a New York federal judge Monday to claim jurisdiction over their litigation with Deutsche Bank and JPMorgan, arguing the case’s dismissal and pending appeal has created difficulties in finalizing settlements with the banks.
Sullivan & Cromwell LLP announced Monday it brought on Brussels-based competition partner Michael Rosenthal, formerly of Wilson Sonsini Goodrich & Rosati PC, to expand its global antitrust practice in the home of the European Union’s antitrust watchdog.
Massachusetts-based Concert Pharmaceuticals Inc. has received a second request for information from the Federal Trade Commission for the planned sale of its investigational cystic fibrosis treatment to Vertex Pharmaceuticals Inc. in a deal worth up to $250 million, the company said Monday.
GlaxoSmithKline PLC and Teva Pharmaceutical Industries Ltd. have refused to hand over crucial information such as Teva’s financial forecasts in a potential class action by buyers alleging that the companies conspired to delay generic competition for epilepsy treatment Lamictal, counsel for purchasers of the drug told a New Jersey federal court on Friday.
A New York judge has found an AIG unit does not have to defend Carfax against a $50 million suit alleging the company monopolized the vehicle history report market, saying references to defamation in the suit cannot get Carfax out from under an antitrust exclusion.
A D.C. federal court on Monday refused to block Visa and Mastercard from enforcing ATM fee rules that allegedly violate federal antitrust law, saying the National ATM Council failed to prove that the rules have caused the number of independent ATMs to decline.
The European Commission has decided to study competition in the loan syndication market in the U.K., Germany and four other European nations, citing the growing importance of the multi-lender offerings for leveraged buyouts and other large projects.
The United Kingdom’s Competition and Markets Authority said Monday it is launching an independent in-depth investigation into Euro Car Parts’ acquisition of another car parts supplier, Andrew Page Ltd., after the former failed to address the government’s competition concerns.
Facebook Inc. and Social Ranger LLC have tentatively reached a settlement in a suit alleging the social media giant used anti-competitive practices to dominate the virtual currency services market in social gaming, and a Delaware federal judge on Friday paused the case so the companies could finalize a deal.
The U.S. Supreme Court declined Monday to review a Fifth Circuit decision finding the Louisiana State Board of Nursing was immune from an antitrust suit by a former Grambling State University nursing student whose program was shut down.
The U.S. Supreme Court said Monday it would not review a law firm’s lawsuit accusing Rabobank NA of taking Chapter 7 estate funds from creditors through a tying scheme with a bankruptcy software company, leaving in place an appeals court’s finding that the bank’s actions were not anti-competitive.
Richer Sounds PLC, a major U.K. home entertainment equipment firm, is the latest retailer to file a claim against MasterCard Inc. over allegedly unfair interchange fees, according to London’s High Court register.
Barclays PLC, Société Générale SA, and several other banks accused of rigging interbank loan rates had their latest bid to dismiss a putative class action rejected Friday by a New York federal judge, who said the banks' jurisdictional arguments still fell short.
Nokia asked a Texas federal judge Thursday to toss antitrust counterclaims by Apple in a patent infringement suit over video compression technology, calling the tech giant’s protestations that it was the victim of a monopoly a meritless attempt to impede Nokia’s infringement claims.
A Third Circuit panel repeatedly questioned whether a lower court judge acted prematurely when he ended a lawsuit accusing Pfizer and Ranbaxy of engaging in a pay-for-delay scheme over the cholesterol drug Lipitor, suggesting the case should not have been decided before the introduction of any evidence.
Brazil’s antitrust watchdog revealed Thursday that federal police and prosecutors executed a search warrant related to an investigation into state-owned oil giant Petrobras requested by the electric power company EPE.
Green Tokai Co. Ltd. must face two potential class action lawsuits alleging it participated in a conspiracy to fix the price of body sealing products, a Michigan federal judge ruled Friday.
Mediators’ proposals, which call for an unconditional and confidential acceptance or rejection, are resolving high-value disputes on a regular basis. Dennis Klein of Critical Matter Mediation examines why this is happening and the tactical implications for litigants in anticipating that a mediator’s proposal could resolve litigation.
Sharing sensitive nonpublic information can have adverse effects on competition. Indeed, recent activity in private and public antitrust enforcement shows growing concern with competitors’ coordinated actions and information sharing, say Phillip Johnson and Niyati Ahuja of Econ One Research Inc.
In its first 100 days, the Trump administration has had mixed results and may be behind where it wants to be. The biggest threat to President Donald Trump’s domestic policy agenda beyond the first 100 days is the difficulty of reconciling the Freedom Caucus Republicans, moderate Republicans and Democrats, say Jim Flood and Cari Stinebower of Crowell & Moring LLP.
In antitrust litigation, economic experts rely on transactional sales data to study class certification issues, assess liability and calculate economic damages. Collecting these data, understanding how to interpret them and assembling them into a structure amenable to expert analysis requires careful thought and planning, say George Korenko and Matthew Milner of Edgeworth Economics LLC.
The recent contrasting outcomes of the regulatory and private actions against Total Gas illustrate at least one significant difference between public and private price manipulation enforcement under the Commodity Exchange Act — private plaintiffs have a difficult, and sometimes insurmountable, hurdle to overcome, say attorneys with Skadden Arps Slate Meagher & Flom LLP.
Out of 94 district courts, the Eastern District of Virginia has been the fastest civil trial docket in the country for nine straight years. Without micromanaging the process, the EDVA's judges, magistrate judges, and clerks and staff continue to perform at a stunningly efficient level, says Bob Tata of Hunton & Williams LLP.
Allowing attorneys to telecommute may seem like a great fix for law firms. But without significant changes to the firm's culture, telecommuting is just a patch applied to the problem of attrition, says Michael Moradzadeh, founding partner of Rimon PC.
Uber Technologies may have reached the end of its worldwide efforts to dominate transportation markets with its popular ride-hailing app. Although Uber has met opposition in the past in both the marketplace and in court, particularly in California, new developments in China and in New York City may be bringing Uber’s nearly unstoppable advance to a halt, says Thomas Dickerson of Herzfeld & Rubin PC.
Effective visuals require effective design. In her new book, "Images with Impact: Design and Use of Winning Trial Visuals," published by the American Bar Association, trial lawyer and Jones Day partner Kerri Ruttenberg discusses how to design and use visuals to help viewers understand, believe and remember the messages being conveyed.
General counsel at four law firms share the biggest issues they face in an increasingly complex legal environment.