Competition

  • October 23, 2024

    NY AG Probes Capital One's Planned $35B Discover Merger

    New York Attorney General Letitia James has joined federal regulators in investigating Capital One Financial Corp.'s proposed $35 billion acquisition of Discover Financial Services, according to a Wednesday subpoena petition alleging the deal might violate Empire State antitrust laws.

  • October 23, 2024

    DOJ Bolsters Defense In Pork Price-Fixing Case, Cos. Say

    Hormel, Tyson, JBS and other pork producers told a Minnesota federal court that a Justice Department intervention into a private price-fixing litigation actually backs their defense, even though the government took no position on the merits of the case.

  • October 23, 2024

    Athletes Pause TV Revenue Suit Until NIL Deal's Fate Is Clear

    A group of college athletes has agreed to stay its suit seeking a cut of NCAA television revenue in Colorado federal court, with a magistrate judge on Wednesday granting the two parties' request to pause the case while the landmark name, image and likeness settlement in a separate California case awaits approval.

  • October 23, 2024

    Telecom Group Sues To Cancel FTC's 'Click To Cancel' Rule

    A major cable and internet industry group and others sued the Federal Trade Commission Wednesday over its new "click to cancel" rule, asking the Fifth Circuit to vacate the regulation one week after it was adopted in a 3-2 commission vote.

  • October 23, 2024

    ECJ Won't Call Off Clawback Of Portugal's Tax Breaks

    The European Court of Justice declined to overturn a European Commission decision that Portugal must claw back tax breaks provided in a free trade zone to companies with no local economic activity, as those breaks violated the bloc's state aid rules, according to a judgment issued Wednesday.

  • October 23, 2024

    High Court Won't Pause Google's Subpoena Of State Agency

    The U.S. Supreme Court refused Wednesday to block Google's request for documents in a case accusing the tech giant of monopolizing key digital ad technology as a South Carolina agency challenges an order forcing it to comply with the subpoena.

  • October 23, 2024

    Securities Claim Cut From Fraud Suit Against Calif. Developer

    A California federal judge trimmed a securities claim from a Sonoma resident's suit against a real estate company embroiled in a fraud scandal and recommended that the rest of the claims be brought in state court.

  • October 23, 2024

    Roche CEO Says Novo-Catalent Deal Should Be Blocked

    The CEO of Swiss pharmaceutical company Roche injected himself into the controversy surrounding Novo Holdings' planned $16.5 billion acquisition of Catalent on Wednesday, stating that he thinks antitrust authorities should block the deal due to its anticompetitive implications.

  • October 23, 2024

    9th Circ. Backs Injury Firm's Win In Fight Over Google Ads

    The Ninth Circuit has upheld an Arizona federal court's ruling in favor of a Tempe-based personal injury firm that was sued by another personal injury firm, Lerner & Rowe, over its purchases of Google advertising search terms, with the judges finding little "actual confusion" was caused by the advertising strategy.

  • October 23, 2024

    MVP: Weil's Michael Moiseyev

    Michael Moiseyev of Weil Gotshal & Manges LLP has helped tech behemoth Microsoft navigate a gauntlet of regulators across different countries and knock out antitrust challenges to large transactions, including its buy of Activision Blizzard, earning him a spot as one of the 2024 Law360 Competition and Antitrust MVPs.

  • October 23, 2024

    UK Launches Formal Probe Into £3.3B Carlsberg/Britvic Deal

    The Competition and Markets Authority said Wednesday it has launched a formal investigation into the proposed £3.3 billion ($4.3 billion) takeover by Danish brewer Carlsberg AS of U.K. soft drinks maker Britvic PLC, setting a Dec. 18 deadline for its phase-one decision.

  • October 22, 2024

    UFC Fighters Win Initial OK On $375M Wage Suppression Deal

    A Nevada federal judge on Tuesday gave his blessing to a $375 million settlement resolving a group of former UFC fighters' claims that the organization for years underpaid match participants, the fighters' counsel confirmed.

  • October 22, 2024

    Big Banks Say Yearslong Libor Suit Still Lacks Evidence

    Bank of America, Merrill Lynch and more than a dozen other large banks have urged a federal judge to dismiss the remaining claims in multidistrict litigation accusing them of manipulating Libor, arguing that the plaintiffs have failed to bring sufficient evidence in the 13 years since they filed suit over the once-critical benchmark interest rate.

  • October 22, 2024

    Texas Rebar Giant Accused Of Crushing Rivals As Trial Opens

    Pacific Steel Group's counsel told a California federal jury during trial openings Tuesday that Texas rebar giant Commercial Metals Co. used anticompetitive tactics to "crush" competition and drive up rebar prices in the Golden State, while CMC's counsel said evidence will show PSG can only blame itself for its problems.

  • October 22, 2024

    Ex-Google GC Must Be Investigated By Calif. Bar, Groups Say

    A trio of groups led by the American Economic Liberties Project on Tuesday pressed the State Bar of California to investigate former Google general counsel Kent Walker for "coaching" the company to "engage in widespread and illegal destruction of records relevant to multiple ongoing federal trials."

  • October 22, 2024

    Hagens Berman Says Vorys 'Opportunistically' Seeking Lead

    Hagens Berman Sobol Shapiro LLP is fighting a bid by Vorys Sater Seymour and Pease LLP to take the lead in a proposed consolidated class action against gaming giant Valve Corp., saying that after they defeated Valve's arbitration provision Vorys sought to "opportunistically" seize the leadership role.

  • October 22, 2024

    IQVIA, Veeva Blast Summary Judgment Bids In Secrets Suit

    Life sciences data giant IQVIA Inc. and competitor Veeva Systems Inc. slammed each other's summary judgment bids made public Tuesday in a trade secrets lawsuit in New Jersey federal court, with Veeva arguing that IQVIA's purported trade secrets are hardly confidential and IQVIA saying Veeva's assertions are "a last-ditch effort to avoid liability."

  • October 22, 2024

    Don't Let Cities Eat Into Broadband Revenue, Think Tank Says

    Giving local governments free rein to start charging broadband providers new franchise fees based on their use of public rights of way would be a bad idea that would drive up consumer costs and hinder the growth of connectivity, a free market think tank has argued.

  • October 22, 2024

    Zekelman Suit Says Mexico Steel Harming US Industry

    Steel pipe and tube maker Zekelman Industries Inc. told a D.C. federal judge that Mexico has dumped subsidized steel products into the U.S. and "devastated" a critical domestic industry in violation of a trade agreement that allowed the country to avoid tariffs former President Donald Trump imposed.

  • October 22, 2024

    Ivy League Athletes Plan To Appeal Antitrust Suit's Dismissal

    A group of college athletes challenging the Ivy League's practice of prohibiting athletic scholarships told a Connecticut federal judge they plan to appeal the dismissal of their antitrust suit against Harvard and other top-tier universities.

  • October 22, 2024

    FTC On Cusp Of H&R Block False Ad Settlement

    The Federal Trade Commission has come to an agreement with H&R Block to settle claims of deceptive advertising and has withdrawn its complaint in order for the full commission to vote on the deal.

  • October 22, 2024

    BofA, Others Say Bond-Rigging Suit Still Can't Prove Conspiracy

    Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co. and others have argued the amended complaint in a recently revived securities suit accusing them of conspiring to rig corporate bonds fails to adequately allege a "farfetched" antitrust conspiracy.

  • October 22, 2024

    Alaska Flyers Lose Bid to Revive Merger Suit

    The Hawaii federal judge who put the kibosh on a suit that sought to stop Alaska Airlines' $1.9 billion merger with Hawaiian Airlines declined to reconsider his finding that the passengers and travel agents bringing the antitrust claims didn't have standing to sue.

  • October 22, 2024

    UFC Parent Can't Escape Remaining Wages Suit, Fighters Say

    The fighters in a wage dispute against UFC that remains unsettled told a Nevada federal court that it is too early for the MMA organization's parent company, Endeavor Group, to exit the ongoing class action without proper discovery.

  • October 22, 2024

    DOJ Wants Google's AI Search Docs, Apple Entry Thoughts

    An expansive look into Google's artificial intelligence pipeline and the prospects of Apple entering into the search market are top of mind for the Justice Department as it pursues remedies meant to address the online giant's illegal monopolization of search, according to a D.C. federal court filing Monday.

Expert Analysis

  • Opinion

    Atty Well-Being Efforts Ignore Root Causes Of The Problem

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    The legal industry is engaged in a critical conversation about lawyers' mental health, but current attorney well-being programs primarily focus on helping lawyers cope with the stress of excessive workloads, instead of examining whether this work culture is even fundamentally compatible with lawyer well-being, says Jonathan Baum at Avenir Guild.

  • How Generative AI May Aid Merger Clearance Process

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    Generative artificial intelligence capable of analyzing and searching large datasets stands to revolutionize the merger clearance process, including by significantly reducing the time and effort required to respond to Hart-Scott-Rodino second requests, say Kenneth Koch and Brian Blush at BDO USA.

  • Antitrust In Retail: The Meaning Of 'Accessible Luxury'

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    In order for the Federal Trade Commission to block a deal that would put six "accessible luxury" brands, including Coach and Michael Kors, under one roof, the agency will need to prove that this category is distinct from the true luxury or mass-market categories, says David Kully at Holland & Knight.

  • 4 Important Events In Bank Regulation: A Midyear Review

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    The first six months of 2024 have been fairly stable for the banking industry, though U.S. Supreme Court decisions and proposals from regulators have significantly affected the regulatory standards applicable to insured depository institutions, says Christina Grigorian at Katten.

  • FTC Focus: Competition And The Right To Repair

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    If the Federal Trade Commission includes commercial and industrial products as part of copyright exemptions that allow consumers to modify or repair products, then businesses and affected rights holders will need to consider copyrights' impact on infringement issues, say attorneys at Proskauer.

  • Series

    Skiing And Surfing Make Me A Better Lawyer

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    The skills I’ve learned while riding waves in the ocean and slopes in the mountains have translated to my legal career — developing strong mentor relationships, remaining calm in difficult situations, and being prepared and able to move to a backup plan when needed, says Brian Claassen at Knobbe Martens.

  • Class Actions At The Circuit Courts: June Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy considers two recent decisions from the Third and Tenth Circuits, and identifies practice tips around class action settlements and standing in securities litigation.

  • Unpacking The Circuit Split Over A Federal Atty Fee Rule

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    Federal circuit courts that have addressed Rule 41(d) of the Federal Rules of Civil Procedure are split as to whether attorney fees are included as part of the costs of a previously dismissed action, so practitioners aiming to recover or avoid fees should tailor arguments to the appropriate court, says Joseph Myles and Lionel Lavenue at Finnegan.

  • After A Brief Hiccup, The 'Rocket Docket' Soars Back To No. 1

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    The Eastern District of Virginia’s precipitous 2022 fall from its storied rocket docket status appears to have been a temporary aberration, as recent statistics reveal that the court is once again back on top as the fastest federal civil trial court in the nation, says Robert Tata at Hunton.

  • The Current State Of Healthcare Transaction Reviews In Calif.

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    As of April, certain healthcare transactions in California have been subject to additional notification compliance requirements, and complying with these new rules could significantly delay and discourage some deals, says Andrew Demetriou at Husch Blackwell.

  • Recruitment Trends In Emerging Law Firm Frontiers

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    BigLaw firms are facing local recruitment challenges as they increasingly establish offices in cities outside of the major legal hubs, requiring them to weigh various strategies for attracting talent that present different risks and benefits, says Tom Hanlon at Buchanan Law.

  • Behind The Stagecoach Boundary Fare Dispute Settlement

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    The Competition Appeal Tribunal's recent rail network boundary fare settlement offers group action practitioners some much-needed guidance as it reduces the number of remaining parties' five-year dispute from two to one, says Mohsin Patel at Factor Risk Management.

  • What Companies Should Consider Amid Multistate AG Actions

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    The rise of multistate attorney general actions is characterized by increased collaboration and heightened scrutiny across various industries — including Big Tech and gaming — and though coalitions present challenges for targeted companies, they also offer opportunities for streamlined resolutions and coordinated public relations efforts, say attorneys at Cozen O'Connor.

  • Series

    Glassblowing Makes Me A Better Lawyer

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    I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.

  • Opinion

    Paid Noncompetes Offer A Better Solution Than FTC's Ban

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    A better alternative to the Federal Trade Commission's recent and widely contested noncompete ban would be a nationwide bright-line rule requiring employers to pay employees during the noncompete period, says Steven Kayman at Rottenberg Lipman.

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