The U.S. Department of Justice this week cleared CVS' planned $69 billion purchase of Aetna, a combination that's been closely watched for its potential to shake up the industry and for any insights into how antitrust agencies will view mergers between players in adjacent industries going forward. Here, Law360 looks at some takeaways from the latest health care megadeal.
A Swedish investment firm Wednesday accused Teva Pharmaceuticals in Connecticut federal court of lying to shareholders about an alleged scheme to pump up its share prices through a series of unsustainable price hikes that ultimately resulted in a spate of antitrust suits and the collapse of its market value.
The United Kingdom's antitrust watchdog agreed Wednesday to a merger between two natural gas and electricity companies, concluding that the crowded field of domestic British retail energy companies will continue to give consumers "plenty of choice" after the tie-up.
Greece's competition watchdog said Wednesday that it had fined a Unilever unit €27.6 million ($31.8 million) for abusing its dominance in the market for margarine by imposing unfair restrictions on retailers and wholesalers.
Shearman & Sterling LLP has brought on a veteran Federal Trade Commission litigator to be a partner in its antitrust practice in Washington, D.C.
A high-tech golf range startup can't pursue claims that a rival squeezed it out of the market by nabbing key golf ball-tracking technology because its antitrust suit only speculated about future injury, the Fifth Circuit ruled on Tuesday.
Japan’s antitrust watchdog announced Wednesday that it was closing a monopoly investigation into Airbnb after the home-sharing giant waived its right to enforce contract restrictions barring third-party lodging management providers from using its competitors to list accommodations.
The U.S. Department of Justice said Wednesday that it has cleared CVS Health Corp.’s planned $69 billion deal for health insurer Aetna Inc. after the companies agreed to sell off a Medicare prescription drug plan business to WellCare.
A Swiss-based multinational was found liable Tuesday for €13 million ($15 million) in overcharges to a joint venture between the United Kingdom and Dutch electricity grid owners that was harmed by an electricity cable cartel.
Google Inc. said Tuesday that it has appealed a record €4.34 billion ($5.04 billion) fine the European Union’s antitrust enforcer doled out in July for abusing the dominance of its Android mobile phone operating system, just before its mid-October compliance deadline.
Lobbyists at the Federal Communications Commission stepped up their arguments last month for why the agency should approve the proposed Sprint-T-Mobile merger and doubled down on backing changes to local small-cell siting rules and the Citizens Broadband Radio Service framework.
A group of physicians challenging an American Osteopathic Association policy that they said tied its board certification to being a member asked a New Jersey federal judge for final approval of a deal to end the suit, saying that when all the settlement terms are taken together it is worth around $84 million.
A factory that makes interior door covers must be sold to restore competition after a rival became the first private company to successfully challenge a merger under the Clayton Act without government help and reach a jury verdict, a Virginia federal judge held Friday.
Apple asked a California federal court to deny Qualcomm’s bid to dismiss portions of a sweeping patent case, saying the chipmaker's promise not to sue over nine patents does not address other claims at issue in the dispute.
The European Union's top court ruled Tuesday that the European Commission made no legally binding decisions, and thus created no appeals rights, when dealing with telecommunications companies that tried to pick up network capacity that Telefónica Deutschland Holding AG was forced to shell out as part of a merger deal.
An antitrust lawsuit by a group of California pharmacies targeting a settlement between Pfizer Inc. and Ranbaxy Inc. over the anti-cholesterol drug Lipitor hit the end of the road Tuesday, with the U.S. Supreme Court declining to take up the pharmacies’ argument that their suit was improperly removed to federal court and then dismissed.
A California limousine company told a federal court Friday that the state's newly adopted Dynamex standard for distinguishing between independent contractors and employees will show that Uber Technologies Inc. has misclassified its drivers to get a competitive edge over traditional taxicabs and limousine companies.
The U.K.'s antitrust authority launched another investigation into the country's auditing sector on Tuesday, putting more pressure on the Big Four accounting firms amid concerns that audits for some major British companies have fallen short.
A New York federal judge signaled Friday that the Libor-rigging trial against former Deutsche Bank traders Matthew Connolly and Gavin Black may be in trouble, in light of "highly persuasive" evidence concerning the government's role in an internal investigation of the bank by Paul Weiss Rifkind Wharton & Garrison LLP.
The U.S. Supreme Court will soon hear Apple's appeal in a case alleging that the company illegally monopolized the market for iPhone apps. Along with other implications, the case has rekindled debate about a decades-old ruling that limits class action standing. Here, Law360 looks at what’s at stake in the Apple App Store monopolization case.
The U.K.’s competition watchdog in a newly published decision said that some remedies offered by Motor Fuel Group may alleviate concerns that its £1.2 billion ($1.56 billion) buy of fellow private equity-backed British gasoline retailer MRH GB Ltd. could hurt local competition.
The Serious Fraud Office has landed another mixed result in its prosecution of several former Barclays and Deutsche Bank traders for manipulating Euribor, the latest in the white collar specialist's latest effort to hold individuals accountable for rigging key benchmark interest rates. Here, Law360 looks at the highlights of the SFO's long-running campaign.
A D.C. federal judge has rejected the U.S. Department of Justice’s arguments that AT&T’s planned purchase of Time Warner would hurt competition and drive up consumer costs, dealing a major blow to the government’s first court challenge of a vertical merger in decades. Here, Law360 looks at how we got here, the key issues and highlights of the case.
The latest ABA annual antitrust law spring meeting ran the gamut from the government's tough new take on no-poaching pacts to hurdles innovation can cause in merger reviews— plus wide-ranging comments from the DOJ's new antitrust chief. Here's a look at Law360's coverage of three days of debates, tips and quips.
The Federal Trade Commission hearing on Friday featured two panels discussing the state of U.S. antitrust law and one panel on monopsony power. Jon B. Jacobs and Barry Reingold of Perkins Coie LLP offer key takeaways.
Much time and attention have been focused on improving lawyers' abilities to communicate with and persuade juries in complex trials. But it is equally important to equip and prepare jurors to become better students in the courtroom, say attorneys with DLA Piper and Litstrat Inc.
While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.
With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.
In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.
Last week, the Federal Trade Commission began a series of public hearings on competition and consumer protection issues. Attorneys with Perkins Coie LLP offer some key takeaways from the three panel discussions.
The first comprehensive overhaul of California's Rules of Professional Conduct in nearly 30 years becomes operational on Nov. 1. Some of the new rules mirror the model language used by the American Bar Association, but many continue to reflect California’s unique approach to certain ethical questions, says Mark Loeterman of Signature Resolution LLC.
The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.
In June, the U.S. Supreme Court issued a pivotal antitrust decision in Ohio v. American Express. Three partners at Cravath Swaine & Moore LLP who represented AmEx explain how one of the most significant antitrust enforcement actions in recent history led to a landmark precedent for two-sided platforms.
On Thursday, the Federal Trade Commission began a series of hearings on competition and consumer protection in the 21st century. These events are an important first step in guiding enforcement priorities, says David Balto, a former policy director of the FTC Bureau of Competition.