A pair of bills recently released by Senate Democrats to combat corporate consolidation may be destined for the scrap heap, but the legislation and the support it has garnered among Democrats show that aggressive antitrust enforcement could come to play a central role in the party's agenda.
Robert Bosch GmbH and Robert Bosch LLC have agreed to pay $33.4 million to settle antitrust lawsuits involving four different types of auto parts, consumers seeking preliminary approval of the deal told a Michigan federal judge Monday.
The acting antitrust chief of the U.S. Department of Justice on Tuesday defended the importance of "stability and continuity" in federal enforcement amid worries about political interference under the Trump administration and calls from Democrats for a more muscular approach.
Yelp urged the Federal Trade Commission on Monday to investigate whether Google had violated promises it made to the watchdog not to scrape content from some websites, estimating that the search giant displays the business review site's images thousands of times a minute.
A California federal judge on Tuesday dismissed Ixchel Pharma LLC’s claims alleging Biogen Inc. made an anti-competitive agreement to undermine Ixchel’s development of a treatment for a rare neuromuscular disease, saying the two companies are not competitors.
Herbert Smith Freehills has hired its first corporate partner in its New York City office to lead acquisitions, disposals and joint ventures for U.S. companies across all sectors into Asia, Europe, the Middle East and Africa, the firm has said.
California’s attorney general urged the Third Circuit to have the Golden State’s high court weigh in on whether the state’s antitrust law is broader than its federal counterpart, arguing the appeals court had underestimated the law’s scope in approving a $233 million GlaxoSmithKline pay-for-delay settlement.
Direct purchasers of automotive and industrial bearings urged a Michigan federal court Monday to grant final approval of a $21 million settlement to end allegations that a German manufacturer participated in a global price-fixing scheme in multidistrict litigation over a wide-ranging auto parts price-fixing conspiracy.
The U.K.’s Competition and Markets Authority has accepted remedies proposed by oilfield services firm Wood Group to alleviate concerns that its £2.23 billion ($2.96 billion) acquisition of rival Amec Foster Wheeler would harm competition, the agency said Tuesday.
Federal Trade Commission acting Chairman Maureen Ohlhausen pushed back Tuesday on calls for a more aggressive approach to antitrust enforcement of the digital economy, arguing that market share alone should not guide decisions better based on consumer harms.
The era of “open banking” is just four months away and promises to forever alter retail lending as the biggest names in the space gear up for the January deadline set by the U.K.'s competition authority, officials behind the project told Law360 on Tuesday.
The new global code designed to prevent misconduct in foreign currency markets may already need amending to address the way traders get a last-minute chance to reject a deal, a top Bank of England official said on Tuesday.
Over-the-counter investors in multidistrict litigation against big banks accused of rigging the London Interbank Offered Rate have received a New York federal judge’s approval for a new class representative after their previous representative withdrew earlier this summer.
An Arizona utility has asked the U.S. Supreme Court to overturn a Ninth Circuit ruling that refused it an immediate appeal of a lower court’s determination that the utility wasn’t immune from SolarCity Corp.’s antitrust suit, arguing the case would address an important threshold issue and resolve a circuit split.
Investors who sued the world’s top banks for rigging foreign exchange rates were ordered Friday to mostly hold off on deposing traders at seven firms under scrutiny by the Department of Justice, frustrating plaintiffs and further stretching out discovery in the 4-year-old litigation.
Amid increasing calls for tougher antitrust enforcement to tackle concentrated industries, the Federal Trade Commission's Maureen Ohlhausen cautioned Monday that the Sherman Act is not the right tool to deal with income inequality.
A D.C. federal magistrate on Monday ordered Oxbow Carbon & Minerals LLC CEO William Koch to produce files in his company's anti-competitive conduct case against Union Pacific and BNSF, rejecting arguments that the railroads' discovery requests were overly burdensome and wouldn't reveal enough relevant information to justify the cost of producing them.
Counsel for a class of direct purchasers of eggs asked a Pennsylvania federal court Friday to award them $24.75 million in attorneys' fees for their role in securing $136 million in settlements over the course of the nine-year antitrust case.
Global seafood giant Thai Union Group PCL on Monday outed its American subsidiary Tri-Union Seafoods LLC, which does business as Chicken of the Sea, as a whistleblower in the U.S. Department of Justice’s yearslong investigation of price fixing in the packaged tuna industry.
Cohen Milstein Sellers & Toll PLLC asked a Florida federal court on Friday for $611,000 in attorneys’ fees from a former client representing doctors in a now-settled $360 million antitrust dispute with a hospital group, arguing that the doctors group can't cut it out of the settlement.
Antitrust advocates urged the Eleventh Circuit on Friday to overturn a lower court's decision that allowed Delta and AirTran to escape from a suit brought by passengers who alleged that the airlines colluded to institute a first-checked baggage fee, arguing that failing to do so could encourage other companies to exploit a legal gap.
Qualcomm’s position outside of the court has largely been to defend its licensing practices rather than to deny the Federal Trade Commission's accusations. But the California federal judge's recent order denying the motion to dismiss amounts to agreeing that Qualcomm’s behavior, as alleged by the FTC, would be anti-competitive if true, say Derek Dahlgren and Spencer Johnson of Rothwell Figg Ernst & Manbeck PC.
At the Leadership Council on Legal Diversity, we want to see, as founding member and Microsoft chief legal officer Brad Smith once stated, “a legal profession as diverse as the nation we serve.” We are not there yet — far from it — but we are beginning to put some numbers on the board, says Robert Grey, president of the Leadership Council on Legal Diversity.
In prohibiting employers from asking potential hires about their previous salaries, lawmakers seek to "level the playing field." But there are real problems with the practicality, legality and enforceability of many of the salary history laws, says Fredric Newman, a founding partner of Hoguet Newman Regal & Kenney LLP.
There is an Obama antitrust legacy of aggressive enforcement, particularly on mergers, but this legacy is mostly ignored. The antitrust bar should care about this oversight, says Kelsey Shannon of the Lynn Law Firm.
David Coale, leader of the appellate practice at Lynn Pinker Cox & Hurst LLP, shares his insights into what works — and what does not — when setting up and maintaining a legal blog.
There is a wonderful sketch of Seventh Circuit Judge Richard Posner dressed in a black robe with arms outstretched as if they were the billowing wings of a lean vulture. He is kicking a human brain down a hallway and wearing a half-smile that looks for all the world like a sneer. That sketch is the perfect metaphor for both Judge Posner and his new book, "The Federal Judiciary: Strengths and Weaknesses," says U.S. District Judge Ri... (continued)
Special master appointments can be very beneficial in resolving disputes quickly, streamlining discovery, handling delicate settlement negotiations, and — somewhat surprisingly — reducing cost and delay, says retired U.S. District Judge Shira Scheindlin, now with JAMS.
As more law firms become the targets of major cyberattacks, more firms may consider appointing a chief privacy officer. In this series, CPOs at four firms discuss various aspects of this new role.
For outside counsel, oftentimes efficiency and responsiveness collide with security measures as clients are increasingly requiring their law firms to comply with third-party risk management programs. To meet these challenges, law firms are focusing more on the roles of chief privacy officer and chief information security officer, says Phyllis Sumner, chief privacy officer for King & Spalding LLP.
During the jury selection process, many times parties submit proposed voir dire questions, but the court ultimately chooses the questions to be asked and does all of the questioning of the jury panel. While this approach is judicially efficient, rarely do we learn anything meaningful from the panel members, say Lisa Blue of Baron and Blue and Robert Hirschhorn of Cathy E. Bennett & Associates.