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Antitrust Today

Retailers Win Reversal of Visa/MasterCard Case at Second Circuit Court of Appeals

Posted  07/7/16
New York, New York (July 7, 2016) – After a four-year fight, 91Թwonthe reversal of a class action settlement that attempted to resolve merchant antitrustclaims against Visa, MasterCard, and the nation’s largest banks. The settlement tried toforce the entire existing U.S. merchant community, and future merchants that accept Visaand MasterCard, to release all antitrust claims in exchange...

The Antitrust Week In Review

Posted  07/5/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. . A $7.25 billion settlement between merchants and Visa Inc. and MasterCard Inc. over credit card transaction fees was rejected Thursday by a federal appeals court, a ruling praised by a retail trade association as a victory for consumers. The...

Brexit: The Long Road Ahead

Posted  06/29/16
A View from Constantine Cannon’s London Office By James Ashe-Taylor Less than a week after Britain’s vote to leave the European Union, it is becoming increasingly obvious that the vote to “Leave” has settled nothing. This uncertainty was perhaps inevitable given that the referendum was fundamentally flawed. The Prime Minister should have delayed the process until the Leave supporters put...

The Antitrust Week In Review

Posted  06/27/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. . British companies planning mergers with EU peers will face more legal costs and regulatory hassles after Britain leaves the European Union as they will have to deal with two antitrust watchdogs, according to competition experts. On the other...

Geographic Market Definition Trips Up FTC As Federal Court Rejects Challenge To Advocate-NorthShore Hospital Merger

Posted  06/22/16
By James J. Kovacs The loss of the Federal Trade Commission (“FTC”) in a hospital merger case in the U. S. District Court for the Northern District of Illinois last week highlights just how tricky defining a proper geographic market can be for antitrust enforcers these days. Following a six day hearing, Judge Jorge Alonso a request by the FTC and the State of Illinois in FTC v. Advocate Health Care to...

The Antitrust Week In Review

Posted  06/20/16
. Advocate Health Care and NorthShore University HealthSystem face another delay over a merger they announced almost two years ago. U.S. District Judge Jorge Alonso on Friday granted the Federal Trade Commission's request to halt the proposed merger pending its appeal of the judge's decision earlier this week that cleared the way for the deal to close. On Tuesday, Judge...

The Antitrust Week In Review

Posted  06/13/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Uber must hand over documents to a federal judge probing whether private investigators hired by the ride-hailing company fraudulently sought information about its opponents in an antitrust case. U.S. District court Judge Jed Rakoff in...

The Antitrust Week In Review

Posted  06/6/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. . The National Retail Federation is asking the Federal Trade Commission to investigate an organization founded by credit card companies to set data security standards, saying the group's practices raise antitrust concerns. The Payment Card...

The Antitrust Week In Review

Posted  05/31/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. . Lawsuits against 16 of the world's largest banks alleging they colluded to manipulate the primary benchmark for global short-term interest rates were reinstated by a federal appeals court that decided that a district court judge had rejected the...

The Antitrust Week In Review

Posted  05/23/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. . German drugs and chemicals group Bayer has made an unsolicited takeover proposal to U.S. seeds company Monsanto, seeking to create the world's biggest agricultural supplier and take advantage of converging pesticides and seeds markets....
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