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Antitrust Today

DOJ Antitrust Division Continues Expansion of Amicus Program With Planned Statement of Interest in No-Poach Case

Posted  02/18/19
The Antitrust Division of the U.S. Department of Justice (“DOJ”) has filed a notice of intent to file a statement of interest in Danielle Seaman et al. v. Duke University et al., No. 1:15-cv-00462 (M.D.N.C.), the class action that alleges Duke University and the University of North Carolina violated antitrust laws by conspiring to suppress the wages of faculty members through the use of “no-hire” or...

The Antitrust Week In Review

Posted  02/18/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. .  European Union antitrust rules could be reformed to introduce a two-stage review of mergers that would examine competition issues and then broader public interests, said the head of a German commission tasked with coming up with reforms...

FTC Approval of Staples-Essendant Merger Exposes Fault Lines on Merger Enforcement

Posted  02/11/19
The U.S. Federal Trade Commission’s (“FTC”) recent approval of Staples, Inc.’s acquisition of office supply wholesaler Essendant, Inc.—on a party-line three-to-two vote—reveals the agency’s divergent political views on merger enforcement and vertical transactions. On January 28, 2019, Republican Commissioners Simons (FTC Chair), Phillips and Wilson issued a joint statement in support of their votes to...

The Antitrust Week In Review

Posted  02/11/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. A U.S. House of Representatives committee approved a bill on Thursday that would open up the Organization of the Petroleum Exporting Countries to antitrust lawsuits, but it was uncertain if the measure would be considered by the full chamber. A U.S....

The Antitrust Week In Review

Posted  02/4/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. .  Senator Amy Klobuchar, the top Democrat on the Senate Judiciary Committee’s antitrust panel, said on Friday that she had re-introduced two bills aimed at strengthening enforcement of U.S. antitrust law. One of the bills would adjust fees...

The Antitrust Week In Review

Posted  01/28/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. .  The European Commission has fined Mastercard 571 million euros, or around $650 million, for breaching antitrust rules by raising payment-processing fees artificially, leading to higher prices for retailers and consumers. The...

The Antitrust Week In Review

Posted  01/22/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. .  The Federal Trade Commission is in the advanced stages of its investigation into whether Facebook violated privacy rules and is expected to seek large fines from the company, according to two people familiar with the inquiry.  The five members of...

The Antitrust Week In Review

Posted  01/14/19
Here are some of the developments in antitrust news this past week that we found interesting and are following.   HSBC Holdings Plc has agreed to pay $30 million to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015. The settlement with the British bank was made...

The Antitrust Week In Review

Posted  01/7/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. The U.S. Federal Trade Commission’s antitrust case accusing Qualcomm Inc. of abusing a monopoly on mobile chip technology kicked off in a California courtroom on Friday in a trial whose outcome could have a major impact on the smartphone...

The Antitrust Week In Review

Posted  12/17/18
Here are some of the developments in antitrust news this past week that we found interesting and are following. .  CVS Health Corp. defended on Friday an agreement with the U.S. Justice Department which allowed it to purchase health insurer Aetna for $69 billion, a settlement that a federal judge is still assessing. The Justice Department approved...
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