AT&T Corp.’s recent assault on Google Inc.’s phone service has aroused interest on Capitol Hill, with lawmakers urging the Federal Communications Commission to investigate whether Google Voice unfairly blocks calls to rural telephone exchanges in order to avoid expensive access charges.
The U.S. Department of Homeland Security has rescinded a controversial “no-match” rule that was intended to prevent the employment of illegal immigrants, but failed to take effect after becoming tied up in a court battle.
The U.S. asked the World Trade Organization Thursday to settle a trade dispute over the European Union's long-standing ban on imports of poultry cleansed with pathogen reduction treatments.
The U.S. Department of Justice has launched a probe to investigate claims that IBM Corp. has used its dominant position in the mainframe hardware and associated operating system market to leverage out would-be competitors, according to an industry trade association.
U.K. competition authorities have issued a preliminary ruling opposing the proposed $2.5 billion merger of Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc., saying the deal has the potential to curb competition in the market for live music ticketing.
A New York Supreme Court judge has bounced a second suit filed by former CBS anchor Dan Rather over his controversial firing on the heels of an appellate court tossing out his original $70 million breach of contract claim.
Google Inc. reportedly has until Nov. 9 to rework its proposed $125 million royalty settlement with authors and publishers relating to its Google Books service after a judge hinted Wednesday that the current settlement would not be approved in its current form.
The court overseeing Washington Mutual Inc.'s suit against the Federal Deposit Insurance Corp. over the $1.9 billion sale of WMI's banking operations to JPMorgan Chase & Co. has allowed JPMorgan to intervene as a defendant in the case, rejecting the argument that the automatic stay from WMI's bankruptcy case barred JPMorgan from getting involved in the suit.
A Florida appeals court has turned down billionaire Ronald Perelman's bid to retry a $1.6 billion case against Morgan Stanley & Co. Inc. over the sale of camping supply manufacturer Coleman Co.
The U.S. Securities and Exchange Commission will appeal a district court's dismissal of an insider trading suit against billionaire Dallas Mavericks owner Mark Cuban, the agency told a court Wednesday.
Competition concerns raised by European antitrust authorities over Microsoft Corp.'s bundling of its Internet Explorer Web browser with its Windows operating system are headed toward a resolution, the top antitrust regulator for the European Union said Wednesday.
Sprint Nextel Corp. has reached settlements in five separate lawsuits filed after the announcement of a proposed $483 million merger with Virgin Mobile USA Inc., which was announced in July, according to a regulatory filing Wednesday.
The European Commission has fined six power transformer producers a total of €67.6 million ($100 million) for running a market-sharing cartel the companies allegedly referred to as a “gentlemen's agreement.”
In the race for client business, not all practice areas are created equal. In 2010, lawyers commanding premium rates will be in regulatory, bet-the-company litigation, intellectual property litigation, and mergers and acquisitions, according to a new report from the BTI Consulting Group Inc.
Sen. Tom Harkin, D-Iowa; Sen. Patrick Leahy, D-Vt.; and Rep. George Miller, D-Calif., have taken up arms following the U.S. Supreme Court's June decision in favor of FBL Financial Services Inc., launching legislation they claim will “restore vital civil rights protections” for older workers after the high court made it more difficult to prove age discrimination.
The U.S. Court of Appeals for the Second Circuit ruled Tuesday to stay a lower court order that the Federal Reserve must hand over the names of banks participating in its emergency lending program to financial news service Bloomberg LP.
Giving heart to the pharmaceutical industry, the European Union’s highest court has ordered regulators to reconsider whether GlaxoSmithKline PLC should be exempted from antitrust law and allowed to raise prices against discounted trade among member countries.
A federal appeals court has rejected the appeal of the founder of cable company Adelphia Communications Corp. and his son, saying their lengthy prison terms for fraud are reasonable.
European Commission officials raided several major drug manufacturers on Tuesday, reportedly including Sanofi-Aventis SA, as part of an investigation into anti-competitive practices.
While work and opportunity for corporate finance attorneys has yet to return to prerecession levels, a number of law firms are turning the economic downturn into a chance to snap up top corporate and mergers and acquisitions attorneys, according to legal industry consultants.