Competition

  • September 13, 2017

    UBS Says Gold Sellers' Evidence Weak In Price-Fixing Suit

    Swiss banking giant UBS AG has asked a New York federal judge to dismiss the latest iteration of a proposed class action by gold sellers who accuse banks of coordinating for years to reduce gold prices and benefit their trading positions, saying the key evidence against it is full of holes.

  • September 13, 2017

    UK Antitrust Chair Who Headed Agency Merger To Step Down

    David Currie has decided to step down from the U.K.'s Competition and Markets Authority after seeing the antitrust enforcer through its transition from being two agencies to one and will allow a new chairman to steer the CMA through Brexit, according to a Wednesday announcement.

  • September 13, 2017

    FTC Assistant Director Leaves For Crowell & Moring

    An assistant director in the Federal Trade Commission’s competition bureau, who worked on some of the agency’s highest-profile and most important merger challenges in the past few years, is returning to private practice as a partner with Crowell & Moring LLP, the firm confirmed Wednesday.

  • September 13, 2017

    German Co. Hit With Antitrust Suit Over Car Door Latches

    A proposed class of auto dealers sued German auto parts manufacturer Kiekert AG on Tuesday for allegedly conspiring to fix the prices of vehicle door latches, saying they were tipped off when the company agreed to pay $6.1 million and plead guilty to similar U.S. Department of Justice allegations in March.

  • September 12, 2017

    Hitachi, Purchasers Strike $14M Deal In Antitrust Suit

    Hitachi Chemical Co. has agreed to pay two putative classes of indirect purchasers $14 million to end their accusations the manufacturer schemed with competitors to jack up the price of capacitors, according to a proposed settlement filed Friday in California federal court.

  • September 12, 2017

    Bosch Agrees To $33.4M Deal In Auto Parts Price-Fixing MDL

    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.

  • September 12, 2017

    DOJ's Finch Pushes Stability, Continuity In Antitrust Regime

    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.

  • September 12, 2017

    Yelp Accuses Google Of Breaking Search Bias Vows To FTC

    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.

  • September 12, 2017

    Judge Dismisses Ixchel's Antitrust Claims Against Biogen

    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.

  • September 12, 2017

    Herbert Smith Freehills Hires 1st Corporate Partner In NYC

    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.

  • September 12, 2017

    Calif. High Court Should Hear Antitrust Query, AG Says

    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.

  • September 12, 2017

    Auto Bearings Buyers Seek Final OK Of $21M 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.

  • September 12, 2017

    UK Accepts Fixes In £2.23B Wood-Amec Energy Services Deal

    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.

  • September 12, 2017

    FTC Chief Won’t Rush To Police Digital Economy

    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.

  • September 12, 2017

    Open Banking Reforms Gather Pace As Jan. Deadline Looms

    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.

  • September 12, 2017

    Global Forex Rules May Need Tweaking, BOE Official Says

    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.

  • September 11, 2017

    Investors OK’d To Switch Class Rep In Libor-Rigging MDL

    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.

  • September 11, 2017

    Utility Asks Justices To Rule On Immunity In SolarCity Case

    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.

  • September 11, 2017

    Forex-Rigging Depositions Delayed For Another 3 Months

    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.

  • September 11, 2017

    Antitrust No Cure-All For Economic Ills, FTC Chief Says

    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.

Expert Analysis

  • Opinion

    New Salary History Laws Crimp Attorney Hiring Process

    Fredric Newman

    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.

  • Obama's Overlooked Antitrust Legacy

    Kelsey Shannon

    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.

  • 5 Tips For A Successful Legal Blog

    David Coale

    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.

  • Series

    Judging A Book: Kopf Reviews Posner's 'Federal Judiciary'

    Judge Richard Kopf

    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)

  • The Use Of Special Masters In Complex Cases

    Shira Scheindlin

    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.

  • Roundup

    Notes From A Law Firm Chief Privacy Officer

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    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.

  • Series

    Notes From A Law Firm Chief Privacy Officer: New Demands

    Phyllis Sumner

    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.

  • Opinion

    It's Time To Improve Voir Dire In Federal Court

    Lisa Blue

    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.

  • Series

    Notes From A Law Firm Chief Privacy Officer: Insider Risks

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    As law firms hold sensitive information not only related to the firm but to the firm’s clients, an insider threat — whether it's a "bad actor employee" or inadvertent activity — poses a particular concern. There are steps that privacy officers can initiate to help minimize these threats, says Patricia Wagner, chief privacy officer for Epstein Becker Green.

  • Series

    Notes From A Law Firm Chief Privacy Officer: Balancing Act

    Kristin Jones

    As the role of law firm chief privacy officer becomes more prevalent and expansive, many CPOs are finding themselves in the midst of a delicate balancing act — weighing compliance with government regulations and client requirements on one side with the needs of firm business on the other, says Kristin Jones, chief privacy officer for Stradley Ronon Stevens & Young LLP.