White House deputy counsel Makan Delrahim will bring decades of policy and lobbying experience to the U.S. Department of Justice as the president's pick to lead the Antitrust Division, a move experts say likely heralds a return to a traditional Republican enforcement approach.
President Donald Trump on Monday named White House deputy counsel Makan Delrahim to lead the U.S. Department of Justice's Antitrust Division, giving the Bush DOJ veteran and IP expert one of the most high-profile perches in the competition world.
The U.K. Competition Appeal Tribunal on Friday turned down Intercontinental Exchange Inc.'s request to appeal a tribunal decision that sided with the country's antitrust regulator on its order that ICE sell off a recently acquired trading software firm.
The European Commission's top antitrust enforcer confirmed Monday that the watchdog was reviewing whether merging companies had misled investigators in a "small handful" of transactions.
A Pennsylvania federal judge sided with the Federal Trade Commission in the agency's antitrust suit against AbbVie on Monday, striking an expert report and preventing the testimony of a retired Covington & Burling LLP patent attorney.
A landmark week in the British government's process to leave the European Union began with a demand that the prime minister preserve full access to the European single market, but lawyers warn that U.K. financial firms shouldn’t count on business as usual after Brexit.
A Mead Johnson Nutrition Co. shareholder hit the company with a putative class action on Monday over its $17 billion tie-up with Reckitt Benckiser Group PLC, saying the company left information gaps in key securities filings regarding the deal.
A former Barclays banker accused of rigging a key global interest rate benchmark in a bid to boost profits told a London court on Monday that it would have been “unbelievable” if senior executive Harry Harrison wasn’t aware of the goings-on across the trading desks he managed.
Just days before a trial was set to begin, Food Lion LLC agreed to dismiss claims that Dean Foods Co. participated in a conspiracy to to limit competition for dairy products after the parties reached a settlement, according to court documents filed Sunday.
Mixed martial arts fighters accusing the UFC of illegally dominating the sport asked a Nevada federal judge to deny the organization’s bid to escape one of the fighter's claims, arguing Friday that they are not time-barred given the fact the UFC’s antitrust violations continue.
The European Union’s competition watchdog cleared the anticipated combination of Dow and DuPont following an in-depth review, allowing for the creation of a $130 billion chemicals giant so long as the companies make good on their promised divestitures, according to a Monday announcement.
SolarCity Corp. on Friday insisted that a recent Third Circuit decision does not support an Arizona utility's argument that it's immune from SolarCity's antitrust suit over state-mandated price setting, telling the Ninth Circuit that the state never intended for the utility to use its authority to stifle competition.
The U.S. Supreme Court has turned down a bid by big banks and retailers to revive a $7.25 billion class action antitrust settlement with Visa and MasterCard over interchange fees, leaving in place a Second Circuit ruling that the deal did not adequately represent the interests of some merchants.
Foreign currency buyers alleging they were charged falsely inflated prices as a result of a massive, ongoing price-fixing conspiracy by the world’s largest banks saw their latest complaint tossed out Friday by a New York federal judge, who said they failed to show how they suffered any antitrust injury.
Cisco Systems Inc. asked a California federal judge Thursday to toss rival Arista Networks Inc.’s antitrust suit alleging it interfered with sales of Ethernet switches, arguing Arista lacks standing to bring the suit because the U.S. International Trade Commission had found that the switches infringe Cisco's patents.
The NCAA asked the Ninth Circuit to deny a $42 million attorneys' fee request in the long-running litigation over rules barring student-athletes from being paid for the use of their names, images and likenesses, arguing Thursday that the win was only partial and doesn’t warrant such a large award.
Evergreen Partnering Group has asked the U.S. Supreme Court to review its lawsuit against Solo Cup, Dart Container and others alleging a conspiracy to muscle Evergreen out of the market, saying there is a circuit split on the evidence needed to beat a summary judgment motion.
Insurance subscribers in multidistrict litigation accusing Blue Cross Blue Shield of a massive price-fixing conspiracy asked an Alabama federal judge to reconsider some of his summary judgment ruling, arguing Thursday that the company’s out-of-state plans don't qualify for antitrust immunity.
A former Barclays trader accused of attempting to manipulate a key global interest rate benchmark in a bid to boost profits told a London court on Friday that a successful rig would only have a “small” impact on his desk’s position and that he made requests just because they “couldn’t hurt.”
Chicago taxi companies Wednesday asked the U.S. Supreme Court to hear their arguments that city regulations covering ride-hailing platforms like Uber and Lyft violate the cab businesses' constitutional rights.
Air France, KLM, Martinair and Qantas cannot dig up information on freight forwarder Schenker AG’s relationship with its customers because it’s irrelevant to a $370 million antitrust suit accusing major airlines of fixing prices for air cargo services, Schenker told a New York federal court Thursday.
Specialty pharmacies, selling primarily drugs prescribed for complex or chronic medical conditions like cancer and multiple sclerosis, often face unique legal and regulatory issues. Attorneys with Norton Rose Fulbright US LLP discuss how specialty pharmacies can mitigate some of these risks.
The First Circuit's decision Monday in Amphastar v. Momenta and two cases pending in New Jersey and Connecticut district courts highlight how antitrust implications may arise for pharmaceutical companies from their interactions and strategies with players across the industry — standard-setting bodies, active pharmaceutical ingredient suppliers and drugmakers, say attorneys with Paul Hastings LLP.
A recent survey found that nearly two-thirds of Am Law 200 firms are now using data analytics, compared to only about a tenth of regional and boutique firms. Yet the exploding market for data analytics technology in business is making these productivity tools available for any size matter or firm, say Christopher Paskach of The Claro Group and Douglas Johnston Jr. of Five Management LLC.
The Third Circuit's recent decision in the Vehicle Carrier Services Antitrust Litigation affirms that the Shipping Act of 1984 preempts both state and federal antitrust claims. The court’s decision fits comfortably into a line of U.S. Supreme Court decisions that reflect considerable concern that state antitrust laws not be allowed to interfere with regulatory regimes established by Congress, say attorneys with K&L Gates LLP.
Most legal and business leaders know that internal culture — including tone, operating style, standard of behavior and shared values that guide employee decisions — can make or break a firm. An internal audit can assess a firm's culture and identify potential issues within the organization, says Justin Gwin of Kaufman Rossin PA.
One of the hottest terms in tech right now is “internet of things.” And fair, reasonable and nondiscriminatory licensing provides access to that connectivity. The FRAND system is based on mutual trust and shared commercial interests among the world’s most innovative companies. Where it gets complicated is that there is no consensus on what FRAND should mean and whether it can be defined in more detail, says Charles Babcock of Jackson Walker LLP.
For decades, law firms have taken on considerable expense to acquire or rent opulent office space, often with the intention of signaling seriousness and reliability to their clients. But more recently, solo practitioners and established firms alike have started breaking tradition, says Philippe Houdard, co-founder of Pipeline Workspaces.
Merger agreement provisions such as breakup fees, termination fees, reverse breakup fees, reverse termination fees and closing failure fees are easily misunderstood, as evidenced by the recent competing suits between Anthem and Cigna. The confusion stems, in part, because these fees take a wide range of forms and serve a wide range of functions, say attorneys with Gibson Dunn & Crutcher LLP.
If today’s law firms are willing to rethink their perceptions of millennials, they may see greater success in attracting and retaining new talent by giving the younger generation the kind of retirement planning benefits they want and need, says Nathan Fisher of Fisher Investments.
The cases challenging President Donald Trump’s executive orders fit within the established legal framework that limits, but does not preclude, judicial review of such orders, says Steven Gordon of Holland & Knight LLP.