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UBS AG Foots $135 Million Bill To Settle Currency Antitrust Case

				
Posted  03/13/15
								

				 
								 				By Hamsa Mahendranathan

UBS AG reached a $135 million settlement with plaintiffs today in the In re Foreign Exchange Benchmark Rates Antitrust Litigation聽in the U.S. District Court for the Southern District of New York.

UBS AG is the second bank to settle in this case鈥擩PMorgan Chase & Co. settled with plaintiffs for $99.5 million in late January.聽 In addition to the settlement payments, both UBS AG and...				 
				 					 

						
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The Antitrust Week In Review

				
Posted  03/9/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

.聽 SolarCity, a San Mateo based solar company filed a lawsuit in federal court in Arizona alleging that the Salt River Project, a utility based in Arizona, violated antitrust laws.聽 SolarCity is alleging that the utility has sabotaged the ability of...				 
				 					 

						
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The Antitrust Week In Review

				
Posted  03/2/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

.聽 Federal regulators vetting Comcast Corp.鈥檚 proposal to buy Time Warner Cable Inc. want to know if the cable giants tried to restrict Walt Disney Co. and other entertainment providers from offering programs to rival online video outlets.聽...				 
				 					 

						
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Federal Court Rings Down The Curtain On Baltimore-D.C. Rock Promoters鈥� Antitrust Case Against Live Nation

				
Posted  02/27/15
								

				 
								 				By Allison F. Sheedy

A long-running antitrust battle of the bands between a Baltimore-D.C. area regional concert promoter and venue operator and the concert colossus Live Nation got the hook in the U.S. District Court of the District of Maryland last week when Judge J. Frederick Motz  that the plaintiffs had not presented evidence that Live Nation had violated the antitrust laws.

Although the court found...				 
				 					 

						
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Supremes Nix Antitrust Immunity For Unsupervised State Boards In Dental Case

				
Posted  02/26/15
								

				 
								 				By Allison F. Sheedy

The Supreme Court sided with the FTC yesterday in , a much anticipated decision that sets limits on state-action immunity from federal antitrust laws.

In a six-to-three decision authored by Justice Kennedy, the Court held that when a nonsovereign actor, such as a state regulatory board, is controlled by active market...				 
				 					 

						
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The Antitrust Week In Review

				
Posted  02/23/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

.聽 In a 150-page opinion, Judge Nicholas G. Garaufis of the U. S. District Court for the Eastern District of New York ruled that American Express鈥檚 practice of prohibiting any merchant that accepts its cards from encouraging customers to pay with...				 
				 					 

						
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Sysco鈥檚 鈥淔ix-it-First鈥� Foray Fails To Forestall Food Fight With FTC

				
Posted  02/20/15
								

				 
								 				By Allison F. Sheedy

The U.S. Federal Trade Commission  that it is challenging the merger of the nation's two largest food distributors, US Foods, Inc. and Sysco Corporation.

By a split vote, the FTC decided to file an  and to authorize its staff 聽to go to federal court to seek a temporary restraining order and a preliminary injunction to prevent the parties from...				 
				 					 

						
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China鈥檚 Record $1 Billion Fine Against Qualcomm Could Signal A Tough New Antitrust Cop On The Block

				
Posted  02/17/15
								

				 
								 				A View from Constantine Cannon鈥檚 London Office

By Yulia Tosheva and James Ashe-Taylor

China鈥檚 imposition of a nearly $1 billion fine on Qualcomm, the world鈥檚 largest supplier of smartphone chips, is noteworthy not just because it is a record-breaking antitrust fine for China, but also because it serves as a warning for international companies that antitrust enforcement now spans the globe.

As ...				 
				 					 

						
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The Antitrust Week In Review

				
Posted  02/16/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

.聽 Qualcomm has agreed to pay a $975 million fine for violating China鈥檚 antimonopoly law. 聽As part of the deal, Qualcomm has also agreed to lower its royalty rates on patents used in China for high-speed wireless data, which will help smartphone makers in China.

				 
				 					 

						
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FTC Convinces Ninth Circuit That Improved Patient Care Is No Cure For Anticompetitive Healthcare Merger

				
Posted  02/11/15
								

				 
								 				By Matthew L. Cantor

The Federal Trade Commission (鈥淔TC鈥�) chalked up another victory against a healthcare merger yesterday as the U.S. Court of Appeals for the Ninth Circuit Court of Appeals  the decision of the U.S. District Court for the District of Idaho blocking a merger between St. Luke鈥檚 Health System and a primary care physician (鈥淧CP鈥�) group in Nampa, Idaho.

The appellate court鈥檚...				 
				 					 

						
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