Antitrust Group

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Tesla hit with 'right to repair' antitrust class actions.  Tesla Inc has been sued in a pair of proposed antitrust class actions accusing the company of unlawfully curbing competition for maintenance and replacement parts for its electric vehicles, forcing owners to pay more and wait longer for...

Payments News Update - March 10, 2023

Legal and Regulatory Developments SPOTLIGHT: The Credit Card Competition Act: What Is It, and Why You Should Care PaymentsJournal – March 7, 2023 The Credit Card Competition Act—introduced last year by a bipartisan group of senators—may be under consideration during this session of Congress, and industry groups are lining up for and against. If implemented, cards from the nation’s largest banks...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   EU's Vestager says scrutiny of competition in metaverse already needed.  The metaverse, shared virtual worlds accessible via the Internet, is the next digital market to attract regulatory scrutiny, EU antitrust chief Margrethe Vestager. The metaverse has come into sharper focus since Facebook...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. preparing antitrust suit to block Adobe plan to buy Figma -Bloomberg News.  The U.S. Justice Department is preparing an antitrust lawsuit to block software maker Adobe Inc's $20 billion bid for cloud-based designer platform Figma, Bloomberg News reported, citing people familiar with the matter. The...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   $3.7 bln UK mass action against Facebook over market dominance rejected - for now.  Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetise users' personal data....

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   FTC withdraws from adjudication in fight with Meta over Within deal.  The U.S. Federal Trade Commission, which lost a fight in court over whether Facebook parent Meta Platforms Inc could buy VR content maker Within, has decided to withdraw the matter from its in-house adjudication. An FTC...

Department of Justice Signals More Aggressive Healthcare Competition Enforcement With Withdrawal of Three Policy Statements

By Sarah Bayer and James J. Kovacs Last week the Antitrust Division of the U.S. Department of Justice signaled a more aggressive approach in promoting healthcare competition with its announcement that it is withdrawing three policy statements concerning competition in healthcare markets. The rescinded statements, released in 1993, 1996, and 2011, provided an enforcement rubric and offered various “safety...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   U.S. Justice Dept jumps into pro baseball antitrust fray on appeal.  The U.S. Justice Department asked a federal appeals court not to "extend" Major League Baseball's longtime immunity from antitrust law to a dispute involving restrictions on the number of minor league teams that can be affiliated...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Ticketmaster Cast as a Powerful ‘Monopoly’ at Senate Hearing.  Live Nation Entertainment, the concert industry giant that owns Ticketmaster, came under withering attack during a Senate Judiciary hearing, with committee members from both parties criticizing it for the botched sale of tickets to...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. Microsoft loses bid to pause gamers' lawsuit over Activision deal.  A U.S. judge in California turned down Microsoft Corp's bid to freeze a private consumer antitrust lawsuit over the company's $69 billion deal to acquire "Call of Duty" maker Activision Blizzard Inc while a related regulatory challenge...