Netflix's $82.7 billion play for Warner Bros. Discovery's studio and streaming business drew rebukes Friday from critics and lawmakers on both sides of the political spectrum, but antitrust observers offered a cautious assessment on the prospects of any government challenge.
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Competition
MONDAY, DECEMBER 8, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

Netflix Merger Raises Theatrical Release Antitrust Fears

By Bryan Koenig

Netflix's $82.7 billion play for Warner Bros. Discovery's studio and streaming business drew rebukes Friday from critics and lawmakers on both sides of the political spectrum, but antitrust observers offered a cautious assessment on the prospects of any government challenge.

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Constellation To Sell Power Plants For $26.6B Calpine Deal

By Matthew Perlman

The U.S. Department of Justice said on Friday that enforcers have reached a deal allowing Constellation Energy Corp.'s $26.6 billion purchase of Calpine Corp. to move ahead, with the sale of power plants located in Delaware, Pennsylvania and Texas.

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Michael Jordan Tells Jury He'd 'Never Jeopardize' NASCAR

By Hayley Fowler

From North Carolina, at 6'6", Michael Jordan took the stand Friday in his race team's antitrust trial against NASCAR, telling a jury that he would never jeopardize the sport but that the teams and their drivers deserve more credit from their sanctioning body.

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FTC's Abandoned Pepsi Pricing Case Will Be Mostly Unsealed

By Matthew Perlman

A New York federal court agreed to largely unseal the Federal Trade Commission's price discrimination complaint against PepsiCo Inc. despite protests from the beverage company and the U.S. Chamber of Commerce after enforcers dropped the case earlier this year.

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Judge Won't Exit Agri Stats DOJ Case Over Clerk Connection

By Christine DeRosa

A Minnesota federal judge refused to recuse himself from a case accusing Agri Stats of helping meat processors exchange sensitive information based on a clerk's past work on related cases, after refusing a similar request in a case over pork prices.

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Fed. Circ. Questions Whether Ingevity Can Duck $85M Verdict

By Nadia Dreid

The Federal Circuit spent Friday morning debating whether Ingevity Corp.'s argument that it should be immune from an $85 million antitrust verdict holds water because the chemical and carbon product maker thought it was enforcing its patent rights, even though the jury said it was illegal tying.

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INTERNATIONAL

Brief

Microsoft Granted Appeal In £270M Reseller Class Action

By Ronan Barnard

A London tribunal has allowed Microsoft to appeal against its ruling that it cannot exercise control over products it has licensed to resellers, saying there is no "clear authority" on points of law related to that issue, so the software giant has a chance of succeeding.

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LITIGATION

Google Search Judge Issues Finalized Antitrust Mandates

By Hailey Konnath

A D.C. federal judge Friday issued the finalized package of remedies in the U.S. Department of Justice's case targeting Google's search monopoly, mostly agreeing with the government's proposals for exactly what Google must do to prop up rivals and restore competition in the search engine market.

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Rutgers Player, NCAA Drop Eligibility Case As Season Ends

By David Steele

Rutgers football player Jett Elad dropped his antitrust suit challenging the NCAA's eligibility rules Friday, less than a week after the final game of the season, in which he was allowed to play under an injunction.

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Manufactured Housing Cos. Ditch Price-Fixing Claims

By Isaac Monterose

An Illinois federal judge has tossed a proposed price-fixing class action against multiple manufactured housing companies and a data company, ruling the proposed class failed to show the businesses conspired to jack up rent prices.

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Pharma Co. Says Ex-Staff Used Secrets To Compete

By Abigail Harrison

Pharmaceutical supplier New Life Medicals (USA) Inc. told a North Carolina state court that a former warehouse manager, a freelance contractor and a business partner conspired to steal confidential information to form a competing venture only 10 miles away.

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EXPERT ANALYSIS

10 Commandments For Agentic AI Tools In The Legal Industry

Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.

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LEGAL INDUSTRY

Bonus Spotlight

Katten Exceeds Market Bonus Scale, Orrick Matches

By Tracey Read

Katten Muchin Rosenman LLP has joined a select few law firms that have gone beyond the BigLaw norm for year-end and special bonuses.

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Immigration Lawyers Battle Burnout Amid Deportation Surge

By Daniel Connolly

As the Trump administration carries out a mass deportation campaign across the country, immigration attorneys faced with heavy demand and changing norms are feeling the impact of burnout and stress on their practices and emotions, they told Law360.

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Judges Beat Ethics Suits For Dropping Retirement Post-Trump

By Jake Maher

A Fourth Circuit judge and two district court judges have defeated ethics complaints from a conservative legal organization alleging they improperly reversed their decisions to take senior status after President Donald Trump was elected.

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Rosen Law Firm Sanctioned Over 'Frivolous' Investor Suit

By Lynn LaRowe

A Wisconsin federal judge has sanctioned The Rosen Law Firm PA for failing to conduct an adequate investigation before filing a "frivolous" securities complaint against an airline holding company.

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Utah Atty Avoids Monetary Sanction For 'Hallucinated' Cases

By Matt Perez

A Utah federal judge handling a trademark infringement matter has sanctioned an attorney for filing court documents with "hallucinated" cases, but instead of issuing a fine, the lawyer was ordered to read all the cases and authorities cited in the opinion and file a summary statement within 30 days.

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Supreme Court Halts Immigration Judges' Free Speech Suit

By Britain Eakin

The U.S. Supreme Court on Friday stayed a Fourth Circuit decision reviving a free speech suit from an immigration judges union challenging a policy barring them from speaking publicly about immigration without approval.

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Feature

For NY Inmate, Jamaica's Violence Waits Outside Prison Walls

By Rachel Rippetoe

Jamaican-born Eric Tolliver is nearing the end of his 33-year prison sentence in New York, but what waits for him on the other side might be worse: deportation to his home country, where many want him dead.

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Fla. Court Upholds Atty Disqualification In $1M Estate Dispute

By David Minsky

A Florida state appellate court on Friday affirmed the disqualification of an attorney who abandoned his client and began representing his client's adversaries in a $1 million probate case, finding that he likely violated ethics rules regarding conflicts of interest.

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Fla. Judge OKs Release Of Epstein Grand Jury Transcripts

By Rae Ann Varona

A Florida federal judge on Friday ordered the release of grand jury transcripts from an investigation of late sex offender Jeffrey Epstein, citing a newly enacted law that the government said overrides a prohibition on disclosing the documents to the public.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

An SEC panel has asked the agency to adopt regulations that could standardize the way publicly traded companies report details about AI use. Meanwhile, the FCC approved AT&T's $1 billion UScellular deal after AT&T became the latest of the big three mobile carriers to agree to do away with diversity, equity and inclusion policies. These are some of the stories in corporate legal news you may have missed in the past week.

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Law360's Legal Lions Of The Week

By Kevin Penton

Gupta Wessler LLP and Block & Leviton LLP lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit revived a proposed class action against NextEra Energy Inc. that seeks to hold the energy company liable for a share price drop that followed political interference allegations involving a subsidiary.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Promo that reads 2025 MVPs Promo that reads Law360 Pulse Compensation Report

LAW FIRMS IN TODAY'S NEWS

4 Pump Court

8 New Square

Akerman LLP

Alston & Bird

Armstrong Teasdale

Bernstein Litowitz

Block & Leviton

Bryan Cave

CMS Cameron McKenna

Cahill Gordon

Clifford Law Offices

Cohen Ziffer

Covington & Burling

Cravath Swaine

Cuneo Gilbert

DLA Piper

Debevoise & Plimpton

Dentons

DiCello Levitt

Edelson Lechtzin

Edward P. Jackson PA

Edwards Henderson

Emerson Firm

Freed Kanner

Gibson Dunn

Goldstein & Orr

Grabar Law

Gupta Wessler

Hagens Berman

Hausfeld LLP

Hogan Lovells

Holland & Knight

Honigman LLP

Jones Day

Katten Muchin

King & Spalding

Kirkland & Ellis

Latham & Watkins

Law Office of Catherine Brown

Lockridge Grindal

Lowey Dannenberg

Marino Tortorella

Markus Moss PLLC

McCarter & English

McGuireWoods

McKool Smith

Meyner & Landis

Milbank LLP

Monckton Chambers

Morgan Lewis

Much Shelist

Myron M. Cherry & Associates

Nabarro LLP

One Essex Court

Orrick Herrington

Parsons Behle

Paul Weiss

Pomerantz LLP

Quinn Emanuel

Reinhardt Wendorf

Ropes & Gray

Rosen Law Firm PA

Sheppard Mullin

Shook Hardy

Shumaker Loop

Sidley Austin

Simpson Thacher & Bartlett LLP

Sivyer Barlow

Skadden Arps

Smith Gambrell

Snell & Wilmer

Spector Roseman

Spilman Thomas

Steckler Wayne

Taft Stettinius

Trump & Trump

Victor M. Glasberg & Associates

Williams & Connolly

Willkie Farr

WilmerHale

Wilson Sonsini

Winston & Strawn

Wood Smith

COMPANIES IN TODAY'S NEWS

AT&T Inc.

Activision Blizzard Inc.

Adidas AG

Agri Stats Inc.

American Bar Association

American Immigration Lawyers Association

Andreessen Horowitz LLC

Apple Inc.

AstraZeneca PLC

BASF SE

Bauer Inc.

Burke Inc.

Calpine Corp.

Canon Inc.

Cato Institute

Constellation Energy Corp.

Cox Enterprises Inc.

Daiichi Sankyo Co.

Deloitte Touche Tohmatsu Ltd.

DuPont de Nemours Inc.

DuckDuckGo Inc.

Electric Reliability Council of Texas Inc.

Equity Lifestyle Properties, Inc.

Ford Motor Co.

Frito-Lay Inc.

General Mills Inc.

Google LLC

Home Box Office Inc.

Ingevity Corp.

Intelligent Systems Corp.

International Business Machines Corp.

Kleiner Perkins Caufield & Byers

LexisNexis Legal & Professional

LinkedIn Corp.

Marvell Technology Inc.

McKinsey & Co. Inc.

Michigan Immigrant Rights Center

Microsoft Corp.

NASCAR Digital Media LLC

National Collegiate Athletic Association

Nestle SA

Netflix Inc.

New York Mets

New York University

NextEra Energy Inc.

PJM Interconnection LLC

PepsiCo Inc.

Professional Golfers Association of America

RELX PLC

Spectrum Management Holding Co.

Stanford University

State Bar of Texas

State Farm Mutual Automobile Insurance Co.

T-Mobile US Inc.

T. Rowe Price Group Inc.

The Florida Bar

The Institute of Electrical & Electronics Engineers Inc.

The Kraft Heinz Co.

The State University of New York

Thomson Reuters Corp.

Toys R Us Inc.

Tractor Supply Co.

U.S. Chamber of Commerce

Verizon Communications Inc.

Walmart Inc.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

Writers Guild of America East

Yahoo Inc.

YouTube Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Privacy Protection Agency

Competition Appeal Tribunal

Executive Office for Immigration Review

Federal Communications Commission

Federal Energy Regulatory Commission

Federal Trade Commission

Florida Supreme Court

Minnesota Attorney General's Office

New York Department of Financial Services

Patent Trial and Appeal Board

Public Utility Commission of Texas

Texas Supreme Court

U.S. Attorney's Office

U.S. Attorney's Office for the District of Minnesota

U.S. Attorney's Office for the Southern District of New York

U.S. Citizenship and Immigration Services

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Minnesota

U.S. District Court for the District of New Jersey

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

United Nations

United States District Court for the District of Utah

United States District Court for the District of Wyoming

United States District Court for the Eastern District of Wisconsin

United States District Court for the Southern District of Ohio