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 Federal Trade Commission report issued Monday pushes the concept of state-to-state occupational license portability, a key aspect of a broader Trump administration push to loosen mandates to certify qualified workers across a host of jobs and stimulate market competition.
If Gray Television Inc. is allowed to acquire Raycom Media Inc., the resulting 142-station strong company will impose higher broadcast transmission fees on cable and satellite television providers, leading to increased costs for consumers, industry groups and DISH Network told the Federal Communications Commission on Friday.
Vitamin C importers urged the Second Circuit on Friday to affirm a $147 million price-fixing judgment against Chinese exporters after the U.S. Supreme Court returned the case earlier this year, with the importers arguing that the activity was voluntary, and not compelled by Chinese law.
A group of supermarket chains on Friday urged a Pennsylvania federal judge to keep egg producers in multidistrict litigation for allegedly cutting supplies to jack up prices, invoking decades of antitrust law saying anyone impacted by price-fixing has standing to sue.
Comcast Corp. on Saturday emerged as the top offerer in an auction for Sky PLC with a £29.7 billion ($38.8 billion) offer, again besting 21st Century Fox and signaling an end to the bidding war over the British telecom.
A California federal judge on Friday repeatedly questioned an NCAA vice president on the specifics of its pay rules during a landmark antitrust trial over the association's limits on student compensation, pointing to apparent discrepancies between financial aid limits the NCAA has imposed on its various conferences.
The last week has seen a London no dealing desk sue Merrill Lynch for breach of fiduciary duty, more competition claims against Visa and MasterCard and a German shipper bring a suit against Axa and other insurers.
Romania’s state-run natural gas supplier has committed to taking steps to open its supply stream to Hungary and Bulgaria following a European Union probe of whether the country’s gas industry restricted exports, the European Commission said Friday.
A pair of industry groups representing technology companies have thrown their support behind the Federal Trade Commission's bid for a ruling in California federal court that Qualcomm is required to license its standard essential patents to rival chipmakers.
A wide array of antitrust experts challenged the state of competition enforcement Friday at the second of a series of Federal Trade Commission hearings assessing current enforcement policies in light of evolving technology and market conditions, in a process one FTC member said comes with no “predetermined outcome.”
Travel agents asked the Ninth Circuit on Thursday to rehear its August ruling that shut down an antitrust suit accusing American Airlines, Delta, United and others of price-fixing, saying the U.S. Supreme Court's Twombly decision should not be used to suppress private antitrust cases.
A California federal judge has awarded $35 million in attorneys' fees as part of a settlement for end-payors that claimed a group of pharmaceutical companies delayed the release of a generic form of the Lidoderm pain patch.
The D.C. Circuit on Friday nixed the Federal Energy Regulatory Commission's refusal to let TransCanada Corp.'s U.S. natural gas storage unit charge market-based rates, saying the commission failed to justify that conclusion while letting other companies in the same market charge market-based rates.
A former Deutsche Bank trader who was allegedly involved in manipulating a key European interest rate benchmark has been arrested in Italy and could be extradited to the U.K., the Serious Fraud Office revealed on Friday.
A Minnesota judge has thrown out a food packaging company’s antitrust lawsuit against its larger rival, finding no evidence that patents asserted against it were obtained fraudulently and rendering one of the first applications of a test for improper “discount bundling.”
Ohio State University athletic director Eugene Smith defended NCAA rules limiting student compensation during a landmark antitrust trial Thursday in California federal court, testifying that paying athletes would force the department to cut certain sports, while conceding that the school's coaches collectively earn more than $30 million in salaries and benefits annually.
HTC America Inc. urged a Texas federal court on Thursday to deny Ericsson Inc.'s bid to arbitrate claims that the Swedish telecommunications company overcharged for aging standard-essential patents, saying Ericsson waived its right to force arbitration of the dispute.
Hewlett Packard Co. will pay a class of printer customers $1.5 million, not including attorneys' fees, to resolve allegations over phony error messages that popped up when users tried to install third-party ink cartridges, under a settlement proposed Tuesday in California federal court.
AT&T told the D.C. Circuit on Thursday that a lower court correctly ruled that the U.S. Department of Justice did not demonstrate how its $85.4 billion purchase of Time Warner Inc. would increase wholesale prices for distributors and retail rates for consumers.
Italy broke European state aid rules by granting the Naples port authority €44 million ($52 million) to refurbish the city’s dry docks for the benefit of the country’s shipbuilding industry, but delays in collecting port concession fees didn’t violate rules, the EU said Thursday.
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.
Law professor Nathalie Martin's new book, "Lawyering From the Inside Out: Learning Professional Development Through Mindfulness and Emotional Intelligence," can be of value to any lawyer aiming to achieve greater productivity, relieve the stress of the legal profession and focus on goals, says U.S. District Chief Judge Denise Page Hood of the Eastern District of Michigan.
Agreements regarding soliciting and hiring employees of competitors have become an enforcement priority for U.S. antitrust authorities, so M&A parties should take a fresh look at how they approach the issue. A carefully tailored no-poach provision will help protect against regulatory inquiry, say attorneys with Baker Botts LLP.
In recent years, no-poach agreements have become subject to close scrutiny both by the U.S. Department of Justice’s Antitrust Division and private class action plaintiffs. These cases show that violations of federal antitrust laws can have an immediate and real impact on ordinary people and their livelihoods, say Robin van der Meulen and Brian Morrison of Labaton Sucharow LLP.
The blockbuster e-discovery cases, with big sanctions and bigger controversies, have been few and far between this year. But that doesn’t mean the legal questions around e-discovery have been answered. Let’s take a closer look at three cases worthy of our attention, says Casey Sullivan, an attorney at discovery technology provider Logikcull.
Later this week, Harvard Law students will begin bidding on interview slots with the nation’s top law firms. Our institutions owe it to their students not only to require firms to disclose mandatory arbitration provisions in new associate contracts, but also to bar employers from on-campus recruiting if they require these provisions, says Isabel Finley, a third-year student at Harvard Law School and president of the Harvard Women’s Law Association.
Many legal teams involved in cross-border matters still hesitate to use technology assisted review, questioning its ability to handle non-English document collections. However, with the proper expertise, modern TAR can be used with any language, including challenging Asian languages, say John Tredennick and David Sannar of Catalyst Repository Systems.
Merger news from the first half of 2018 reflects a global trend toward alignment of enforcement on the national level and on the regional level, say attorneys with Latham & Watkins LLP.
A D.C. federal judge's decision last month in United States v. AT&T contains important insights that will be influential well beyond the confines of the now-completed $85 billion merger between AT&T and Time Warner, say Nathaniel Wackman and Lee Van Voorhis of Jenner & Block LLP.
Increasingly, a company’s disclosure of the existence of investigations into allegedly anti-competitive conduct has triggered securities class action litigation. But recent court decisions have made clear that plaintiffs must do more than simply allege the existence of an investigation, say Samuel Groner and Andrew Cashmore of Fried Frank Harris Shriver & Jacobson LLP.
The recent Pennsylvania federal court decision in Federal Trade Commission v. AbbVie is likely to have significant effects on antitrust cases challenging patent litigations as shams, say Leslie John and Stephen Kastenberg of Ballard Spahr LLP.