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.
The top Democrat on the Senate panel that oversees antitrust matters slammed the Federal Trade Commission on Friday for not further scrutinizing Amazon.com Inc.’s planned $13.7 billion acquisition of Whole Foods Market Inc., a deal she said raises concerns about its impact on consumers and competition.
European antitrust enforcers cleared private equity-backed Swiss vending and coffee services provider Selecta Group BV's proposed acquisition of Dutch rival Pelican Rouge Group BV, saying Friday that the deal won't harm competition as long as Selecta sheds its vending service activities in Finland.
Tyson Foods Inc. said Friday that the U.S. Securities and Exchange Commission has closed its investigation into the allegations raised by recent antitrust and shareholder class actions that the company conspired with other producers of broiler chickens to fix prices, saying the SEC does not intend to pursue enforcement.
A California magistrate judge ordered the Federal Trade Commission on Thursday to hand over documents in its antitrust suit accusing Qualcomm Inc. of unfair patent licensing practices that the agency had argued could reveal the identities of confidential informants, as well as other documents that foreign governments wanted kept confidential.
A Pennsylvania federal judge on Thursday denied class certification to the indirect purchasers of domestic drywall in multidistrict litigation accusing manufacturers of colluding to fix prices, ruling that the proposed method of determining class membership is not feasible and that the proposed class period creates management problems.
An Uber Technologies Inc. customer fighting arbitration of his price-fixing claims asked the Second Circuit on Thursday to modify its Aug. 17 ruling to allow U.S. District Judge Jed Rakoff to consider new information on remand about the visibility of the company’s terms of service.
Despite calling Major League Baseball's long-held antitrust exemption an “anomaly,” Second Circuit judges on Thursday appeared skeptical as they questioned an attorney for baseball scouts over whether the workers and their claims that teams suppress scouts' wages are truly outside the exemption’s scope.
U.S. prosecutors on Thursday charged a pair of Société Générale SA executives with scheming to manipulate Libor by submitting falsely lowballed rate information to make it appear that the French bank was able to borrow at lower interest rates than it actually could obtain.
The United Kingdom’s competition regulator on Thursday slapped a golf products company with a £1.45 million ($1,856,000) fine for preventing two U.K. retailers from selling its golf clubs online, in violation of competition law.
The U.S. Department of Justice has brought in another deputy assistant attorney general for its Antitrust Division, with the agency on Thursday confirming the addition of former Fried Frank Harris Shriver & Jacobson LLP partner and Federal Trade Commission veteran Bernard A. Nigro to its ranks.
A New Jersey federal judge on Wednesday refused to toss a proposed class action accusing several Lloyd’s of London syndicates of conspiring with insurance brokers to conceal exorbitant commissions and the anticompetitive nature of their market, part of long-running multidistrict litigation over insurance bid-rigging.
An Illinois federal magistrate judge on Wednesday said Nucap Industries Inc. must hand over unredacted versions of certain emails to a pair of Robert Bosch GmbH units in a lawsuit over Bosch’s alleged theft of brake design components, ruling that they are not protected by attorney-client privilege.
A Pennsylvania federal judge on Wednesday granted class certification to the direct purchasers of domestic drywall in multidistrict litigation accusing manufacturers of colluding to fix prices.
The Federal Trade Commission gave Amazon the go-ahead Wednesday on its planned $13.7 billion acquisition of Whole Foods Market after finding the combination wouldn’t be anti-competitive.
A New York federal judge on Wednesday appointed three BigLaw firms to serve as lead counsel in multitrillion-dollar litigation accusing Goldman Sachs Group Inc., Barclays Capital Inc. and 18 other financial giants of rigging the $13 trillion market for securities sold by the U.S. Department of the Treasury.
American Express Co. on Monday urged the U.S. Supreme Court not to review its win in an antitrust case over its rules preventing merchants from steering customers to other credit cards, saying that arguments from a group of states that the provisions are anti-competitive all fail.
The Federal Energy Regulatory Commission on Tuesday accepted a deal that calls for a Florida power trading firm and its founder to pay $11.7 million to end a market manipulation enforcement case against them.
A group of drivers alleging German automakers illegally shared sensitive information with each other asked the Judicial Panel on Multidistrict Litigation on Tuesday to centralize the proposed class actions in Florida federal court rather than in California.
Broadcom’s anticipated $5.9 billion takeover of Brocade has scored conditional approval from China’s Ministry of Commerce, marking the latest clearance for the deal as it waits for the Committee on Foreign Investment in the United States to weigh in, according to a Wednesday regulatory filing.
Mallinckrodt ARD Inc. and an Express Scripts Inc. unit on Tuesday urged an Illinois federal court to throw out the city of Rockford’s antitrust suit accusing the two of running a racketeering conspiracy to take advantage of Mallinckrodt’s monopoly on a hormone drug and raise prices.
The Southern District of New York's recent decision in North Sea Brent Crude Oil Futures Litigation, together with the Second Circuit's decision in Loginovskaya, makes clear that Morrison presents a daunting obstacle to private Commodity Exchange Act claims that involve some element of foreign conduct, say attorneys with Skadden Arps Slate Meagher & Flom LLP.
Outside counsel experienced with alternative fee arrangements will have many war stories regarding successful — and less successful — fee arrangements. Asking outside counsel to share these experiences can provide useful insight into the strength of a proposed AFA, say attorneys with WilmerHale.
Conventional wisdom says that oral argument is a mere formality; that in courts where judges read briefs in advance, their minds are made up and will rarely — if ever — change. But conventional wisdom notwithstanding, oral argument can be critical, says Stewart Milch of Goldberg Segalla LLP.
With its complaint earlier this year against Qualcomm, the Federal Trade Commission is in danger of intervening on behalf of business interests, not those of consumers, and compromising protections for innovations and technological breakthroughs, says James Skyles, founder of Skyles Law Group LLC.
Though teaching a law school class may be one of the last things on a busy practitioner's to-do list, it's a misconception that teaching will benefit only those who are looking to leave the practice of law and enter academia. It also offers several practical benefits, especially for more junior lawyers looking for stand-up experience, say Steven Allison and Samrah Mahmoud of Crowell & Moring LLP.
Over the past six years, the U.S. Department of Justice has announced a steady flow of guilty pleas for price-fixing of automotive parts in what has been called the largest criminal antitrust investigation in U.S. history. The information contained in plea agreements reached thus far offers a “sneak peek” into what future economic research may reveal, say Jon Tomlin and Chris Ring of Navigant Consulting Inc.
A class of plaintiffs succeeded last month in persuading a New Jersey federal court that trade and professional associations may violate the antitrust laws by tying benefits to membership. While the dominance of the American Osteopathic Association may be unique, the decision presents considerations for other membership associations, say Brian Schneider and Andrew Murad of Arent Fox LLP.
This week’s idea for improving civil jury trials is remarkably simple: Allow counsel to provide complete opening statements to the entire venire before voir dire begins instead of after the jury is impaneled, say Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project.
The first step in assembling an intelligent response to a request for an alternative fee arrangement is for outside counsel to be certain they understand the primary reasons that the client is making the request, say attorneys with WilmerHale.
A decade after the U.S. Supreme Court's landmark antitrust decision in Leegin v. PSKS, this series examines the ruling's impact on resale price maintenance.