www.fgks.org   »   [go: up one dir, main page]

Competition

  • September 08, 2022

    Monster's Co-CEO Testifies There's No Way To Can Creatine

    The co-CEO of Monster Beverage Corp. on Thursday told a California federal jury considering false advertising claims against Vital Energy Co. over its "super creatine" ingredient in Bang that his company tried to put creatine in a ready-to-drink beverage but found it wasn't possible.

  • September 08, 2022

    UnitedHealth Deal Is 'Not A Merger To Monopoly,' Judge Says

    The D.C. federal judge who will decide the fate of UnitedHealth's $13.8 billion bid for Change Healthcare challenged the U.S. Department of Justice during closing arguments Thursday on its assertions that the deal will create a monopoly for health insurance claims processing technology, repeatedly noting plans to divest the sole overlapping business unit.

  • September 08, 2022

    Power Cos. Blast FERC Role In Power Market Rule Fight

    Independent power producers want the Third Circuit to bar the Federal Energy Regulatory Commission from actively defending a major electricity market change in court, and they claim FERC Chairman Richard Glick abused his authority by trying to wage a defense without support from a majority of the commissioners.  

  • September 08, 2022

    Credit Suisse To Take Full Ownership Of China Securities Biz

    Credit Suisse confirmed Thursday that it hashed out a deal to take full ownership of its Chinese Credit Suisse Securities operation, a move that will see the Swiss bank buy out its local partner's stake for 1.14 billion yuan ($163.8 million).

  • September 08, 2022

    Journalism Competition Bill Stalls Over Amendment Dispute

    Legislation to give some journalism outlets limited antitrust immunity to bargain with major tech companies for revenue from the news they share on those platforms stalled in a Senate committee Thursday over a contentious disagreement about an amendment dealing with online content moderation.

  • September 08, 2022

    NAR Asks Ill. Judge To Toss Antitrust Suit Again

    The National Association of Realtors told an Illinois federal court on Wednesday that it should dismiss a class action claiming its practices stifle competition, since the plaintiffs are repeating arguments the judge rejected in an opinion in May.

  • September 08, 2022

    FTC Says Endo Bankruptcy Can't Stop DC Circ. Appeal

    The Federal Trade Commission has asked the D.C. Circuit to lift a bankruptcy-related stay in its bid to revive antitrust claims accusing Endo Pharmaceuticals Inc. of entering a "pay-for-delay" agreement with Impax Laboratories LLC to stave off competition to Endo's Opana ER painkiller.

  • September 08, 2022

    Watchdog Eyes Local Fixes In Morrisons' Takeover Of Rival

    The antitrust watchdog raised limited concerns on Thursday about Morrisons' planned buyout of a rival convenience store chain, noting that the supermarket giant has already said it would work to reduce the potential harm to competition for shoppers.

  • September 07, 2022

    VPX Exec Tells Jury 'Super Creatine' Effects Were Not Studied

    The top scientist at Vital Pharmaceuticals Inc. and co-inventor of Bang energy drink's super creatine on Wednesday told a California federal jury hearing false advertising claims brought by Monster Energy Co. that he previously stated under oath there are no scientific studies that find the ingredient creates positive effects in humans.

  • September 07, 2022

    Chamber Backs Walmart, Saying FTC's Suit Is Gov't Overreach

    The U.S. Chamber of Commerce has backed an attempt by Walmart to get a suit from the Federal Trade Commission over its money transfer services tossed, arguing that the FTC seeks to greenlight "an unprecedented claim" that would expand its power beyond the limits of its authority to regulate unfair trade practices.

  • September 07, 2022

    Amazon Antitrust Class Claims Shouldn't Be Cut, Judge Says

    A New York magistrate judge recommended a court deny Amazon's motion to strike class claims accusing it and the country's five largest publishers of colluding to constrain the bookselling market, saying Wednesday the motion is premature and unsupported.

  • September 07, 2022

    Credit Suisse Can't Keep Prosecutions From Forex Trial

    When Credit Suisse goes to trial next month on class action claims of manipulating foreign exchange markets, it will do so battling "powerful evidence" of prosecutions of, and guilty pleas by, other banks and individual traders after a New York federal judge refused to exclude those details.

  • September 07, 2022

    Real Estate Co. Says Zillow Requests Meant To 'Harass'

    A former real estate brokerage that sued Zillow on antitrust grounds lambasted attempts to obtain the names of its former employees and to verify whether they kept their laptop computers when they left the company.

  • September 07, 2022

    Tai Says Indo-Pacific Plan 'Goes Beyond' Typical Trade Deals

    U.S. Trade Representative Katherine Tai touted the nontraditional nature of the Indo-Pacific Economic Framework ahead of this week's ministerial, saying Wednesday that the initiative "goes beyond" traditional free trade agreements in reaching supply chains, as well as climate and infrastructure goals.

  • September 07, 2022

    Merck, Glenmark Antitrust MDL Must Go To Jury, Judge Says

    A Virginia magistrate judge has recommended denying Merck and Glenmark's bids to end antitrust multidistrict litigation accusing the drugmakers of conspiring to delay generic competition for the branded cholesterol medication Zetia, finding there are numerous material factual disputes that should go to a jury.

  • September 07, 2022

    DOJ Antitrust Division Chief Of Staff Joins Axinn

    Axinn Veltrop & Harkrider LLP said Wednesday it has hired a top deputy at the U.S. Justice Department's Antitrust Division as a partner in its Washington, D.C., office.

  • September 07, 2022

    Cooley Boosts Antitrust Team In DC With Senior DOJ Lawyer

    Cooley LLP has added a senior antitrust attorney from the U.S. Department of Justice to its Washington, D.C., office as a partner, its fourth high-profile antitrust addition this year, the law firm said Wednesday.

  • September 07, 2022

    T-Mobile Gets Sprint Merger Case Paused For Transfer Bid

    A proposed class action from mobile subscribers targeting T-Mobile's $26 billion merger with Sprint was largely put on hold by an Illinois federal court while the company tries to get the case moved to New York, where it defeated a prior challenge to the deal.

  • September 07, 2022

    NAR, Arizona Realtor Agree To Drop Antitrust Suit

    An Arizona real estate agent has agreed to scrub his antitrust claims against National Association of Realtors and other realty groups after the groups accused him of defying pleading standards and a federal judge warned he risked sanctions.

  • September 06, 2022

    Meta Can't Get FTC Analysis Of Instagram, WhatsApp Buys

    A D.C. federal court judge on Tuesday denied a request from Facebook parent company Meta Platforms Inc. for Federal Trade Commission documents related to reviews of the social media giant's acquisition of Instagram and WhatsApp, saying the materials are protected by the deliberative-process privilege.

  • September 06, 2022

    Bang's Super Sales Aren't Tied To 'Super Creatine,' Exec Says

    The top marketing executive at Vital Pharmaceuticals Inc. — who is also the wife of its CEO — on Tuesday told a California federal jury hearing false advertising claims brought by Monster Energy Co. that "super creatine" in the company's Bang energy drink is not important to the beverage's success.

  • September 06, 2022

    Booz Allen, Rival Cut $5M Deal To End Workers' No-Poach Suit

    Booz Allen Hamilton Inc. and a rival defense contractor have agreed to pay workers at an intelligence operations center in England up to $5.05 million to resolve proposed class claims that the companies took part in a wide-spanning "no poach" and wage-fixing scheme, according to a Tuesday filing.

  • September 06, 2022

    Banks' Trade Secrets Fight Put To End In Federal Court

    An Illinois federal judge handed Michigan-headquartered Flagstar Bank a win in a suit accusing it of swiping workers from Illinois-based Busey Bank, finding that Busey fell short on a claim made under federal trade secrets law.

  • September 06, 2022

    3rd Circ. Panel Questions Niaspan Buyers' Class Data

    A Third Circuit panel on Tuesday raised a number of questions for Niaspan buyers about the data supporting their bid for class status in a case accusing AbbVie and Teva Pharmaceuticals of delaying generic forms of the cholesterol drug.

  • September 06, 2022

    Commerce Releases CHIPS Implementation Strategy

    The U.S. Department of Commerce is advising companies pursuing the $50 billion in funding appropriated under the CHIPS and Science Act to scale up, get investors, and collaborate in order to win assistance, according to its strategy document released Tuesday.

Expert Analysis

  • Rebuttal

    ABA Is Defending Profession's Values From Monied Influences

    Author Photo

    A recent Law360 guest article suggested that the American Bar Association ignored new opportunities for the legal industry by opposing nonlawyer ownership of law practices, but any advantages would be outweighed by the constraints nonlawyer owners could place on the independence that lawyers require to act in the best interest of their clients, says Stephen Younger at Foley Hoag.

  • Antitrust Road Map To Vertical Integration Of Latest Car Tech

    Author Photo

    Automakers and manufacturers joining the newly active vertical integration of electric and autonomous car technology should prepare for antitrust inquiry, with analysis including documentation of a pro-competitive narrative, say Amanda Wait and Timothy Chung at Norton Rose.

  • How In-House Counsel Can Better Manage Litigation Exposure

    Author Photo

    In anticipation of economic downturn and increased litigation volume, the true struggle for an in-house team is allocating their very limited and valuable attentional resources, but the solution is building systems that focus attention where it can be most effective in delivering better outcomes, say Jaron Luttich and Sean Kennedy at Element Standard.

  • Key Employer Takeaways From DOJ's Poultry Antitrust Case

    Author Photo

    The U.S. Department of Justice’s settlement with three major U.S. poultry processors for allegedly conspiring to fix employee wages and benefits may signal an uptick in antitrust violation investigations and serves as a reminder to companies of the risks they face when managing employee personal data, say attorneys at Akin Gump.

  • Practical E-Discovery Lessons From The Alex Jones Case

    Author Photo

    The accidental disclosure of mobile phone data during the Alex Jones defamation damages trial underlines the importance of having in place a repeatable e-discovery process that includes specific steps to prevent production of data that may be privileged, sensitive or damaging to the case, say Mike Gaudet and Richard Chung at J.S. Held.

  • FTC Challenge to Meta VR Deal Could Restrict Tech M&A

    Author Photo

    The Federal Trade Commission faces notable risks in bringing its recent suit to prevent Meta's proposed acquisition of virtual reality fitness app maker Within Unlimited, and — if victorious — it could have a chilling effect on Big Tech M&A; activity going forward by constraining the decisions of larger established incumbents, say attorneys at Fenwick.

  • Tracking The Global Move Toward Tighter Mergers Scrutiny

    Author Photo

    The recent merger control case of Vivendi and Lagardère in France is indicative of a global trend of competition authorities applying stricter standards to concentrations and pursuing an increasingly aggressive enforcement agenda, particularly in the media sector, says Jérémie Marthan at White & Case.

  • The Ethical Risks For Lawyers Accepting Payments In Crypto

    Author Photo

    Ohio recently became the fifth jurisdiction to provide attorneys guidance on accepting cryptocurrency as payment or holding cryptocurrency in escrow, but lawyers should beware the ethics rules such payments may implicate, and consider three practical steps to minimize the risks, say Hilary Gerzhoy and Jared Marx at HWG.

  • Envisioning Metaverse-Based Litigation In The Real World

    Author Photo

    Attorneys should entertain the possibility of the metaverse becoming a matter of interest in real-world courts by considering what could cause actions outside the virtual world and digital forensics hurdles to be cleared in demonstrating the offense, identifying the culpable parties and collecting damages, say consultants at Keystone Strategy.

  • How To Negotiate Outsourcing Deals That Reduce Costs

    Author Photo

    Legal practitioners can utilize 10 practice tips to help clients negotiate outsourcing deals that make the most of the recent technological advances that have allowed suppliers to improve functionality, says Brad Peterson at Mayer Brown.

  • Poultry Sector Wage-Fixing Case Shows Info Exchange Risks

    Author Photo

    The nearly $85 million settlement of a U.S. Department of Justice case accusing Cargill and other poultry processors of conspiring to suppress worker pay should prod employers and trade groups to scrutinize all exchanges of potentially competitive sensitive information for compliance with labor market antitrust rules, say attorneys at Mintz.

  • Opinion

    ABA Stance On Role Of Nonlawyers Is Too Black And White

    Author Photo

    The American Bar Association's recent resolution affirming its long-standing opposition to nonlawyers owning law practices or receiving shares of legal fees overstates the ethical, professional and regulatory challenges — and ignores the potential benefits — of allowing nonlawyers greater participation in the legal industry, say Peter Jarvis and Trisha Rich at Holland & Knight.

  • Harnessing The Power Of Big Data In Litigation

    Author Photo

    The growth in the volume, scope and utility of available data — with vendors tracking and selling data, and government releasing large data sets — requires consideration of new data analysis approaches and technological tools that can help provide objective insights in litigation matters, answer key liability and damages questions, and support critical discovery efforts, say analysts at Bates White.

  • How Law Firm Operations Can Adjust To New COVID Realities

    Author Photo

    Given that COVID-19 may be here to stay, law firms must once again rethink their office policies and culture to adapt to new trends and the permanent lifestyle changes that many attorneys and employees have made, say Kami Quinn and Adam Farra at Gilbert.

  • 9th Circ. Class Cert. Move Illustrates Individual Claim Issues

    Author Photo

    The Ninth Circuit's recent class certification decision in Bowerman v. Field Asset Services illustrates the challenges presented when a defendant argues that not all putative class members have been injured or that damages must be determined on a claimant-by-claimant basis, says Robert Fuller at Robinson Bradshaw.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!