The Antitrust Week In Review
Here are some of the developments in antitrust news this past week that we found interesting and are following.
Accusing Amazon of Antitrust Violations, Authors and Booksellers Demand Inquiry. Five years after Amazon asked antitrust regulators to investigate leading publishers, groups representing thousands of authors, agents and independent booksellers are asking the United States Department of Justice to examine Amazon for antitrust violations. The Authors Guild, the American Booksellers Association, the Association of Authors’ Representatives and Authors United said in letters and statements to the Justice Department that “Amazon has used its dominance in ways that we believe harm the interests of America’s readers, impoverish the book industry as a whole, damage the careers of (and generate fear among) many authors, and impede the free flow of ideas in our society.”
U.S. consumer groups oppose Teva bid for generic drug rival Mylan. A proposed merger of the two largest U.S. generic drug makers is drawing fire from Consumers Union and seven other groups, who are asking antitrust enforcers to stop Teva Pharmaceutical Industries Ltd’s proposal to purchase Mylan NV, saying it would lead to higher prices and more drug shortages. Although there is no deal yet, the groups are concerned about recent takeover efforts. In their letter to Federal Trade Commission Chairwoman Edith Ramirez, the groups urged the FTC to look at more than just overlapping drugs made by both companies, to determine if a merger of drug makers is legal.
BRF, Vantage file antitrust suit against Willis-Knighton. Biomedical Research Foundation and Louisiana insurer Vantage Health Plan are predicting “catastrophic” consequences to health care in northern Louisiana if Willis-Knighton Health System is allowed to strengthen what BRF and Vantage say is already a monopoly. BRF and Vantage have filed an antitrust lawsuit in federal court to block what they allege is an anticompetitive scheme by Willis-Knighton Health System to steal commercially insured patients in Louisiana.
Tagged in: Antitrust Enforcement, Monopolization,