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European Parliament Adopts Revised Directive On Payment Services (PSD2)

Posted  10/8/15
A View from Constantine Cannon’s London Office By James Ashe-Taylor and Yulia Tosheva The European Parliament formally adopted the revised Directive on Payment Services (PSD2) today. The new law, proposed by the European Commission in July 2013, aims to enhance consumer protection, innovation and security of payment services.  Among the key changes introduced by the new rules are the following:

Tagged in: Antitrust Legislation, International Competition Issues,

NCCA Gains Ground Against Student-Athletes In Appeal Of O’Bannon Case

Posted  10/7/15
By David Scupp Last week, the United States Court of Appeals for the Ninth Circuit ruled that the NCAA may restrict colleges from compensating student-athletes beyond the cost of attendance, handing the NCAA a partial victory in its continuing courtroom fight against athletes’ rights. The Ninth Circuit affirmed in part and vacated in part Judge Claudia Wilken’s landmark holding in O’Bannon v. National...

The Antitrust Week In Review

Posted  10/5/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Court Strikes Down Payments to College Athletes. The United States Court of Appeals for the Ninth Circuit ruled that the N.C.A.A. may restrict colleges from compensating athletes beyond the cost of attendance, handing the college sports establishment a victory in its fight against athletes’ rights. The...

The Antitrust Week In Review

Posted  09/28/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. F.T.C. is Said to Investigate Claims that Google Used Android to Promote Its Products.  Google’s world wide regulatory problems are coming back home to the U.S.  The Federal Trade Commission has started investigating complaints that Google unfairly uses its Android mobile operating system to bolster...

The Antitrust Week In Review

Posted  09/21/15
Justice department seeks more information on Aetna, Humana deal.  The U.S. Department of Justice is asking health insurer Aetna Inc. for more information about its pending $37 billion acquisition of Humana Inc.  The Justice Department's "second request" will delay by 30 days the expiration of the waiting period under the Hart–Scott–Rodino antitrust act, Aetna said in a regulatory filing.  Aetna's offer to buy...

Anheuser-Busch Aims To Convince Miller That This Merger’s For You

Posted  09/18/15
By Hamsa Mahendranathan After years of speculation that two beer giants will tie the knot, Anheuser-Busch InBev has disclosed its intention to acquire SABMiller. This acquisition would combine the world's two largest brewers by revenue, which together have $69 billion in annual revenue and command 30% of global beer sales.  Anheuser-Busch’s brands of beer include Budweiser, Corona, Stella Artois Hoegaarden...

The Antitrust Week In Review

Posted  09/14/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Banks to Settle With Investors in Suit Over Financial Crisis.  Twelve of the largest banks in the world are apparently on the verge of paying $1.865 billion to settle accusations that they illegally conspired to control a derivatives market that stood at the center of the financial crisis.  The banks...

The Antitrust Week In Review

Posted  09/8/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. judge approves $415 million settlement in tech worker lawsuit.  U.S. District Judge Lucy Koh has granted final approval to a $415 million settlement of the high profile antitrust class action in which workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down...

The Antitrust Week In Review

Posted  08/31/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Google rebuts Europe on antitrust charges.  Google is denying claims from the European Union’s top antitrust official that it favored some of its own search results over those of rivals, saying there was significant competition in the region’s online search market and that the company’s services...

The Antitrust Week In Review

Posted  08/24/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Microsoft files antitrust suit against InterDigital in patent feud.  Microsoft is alleging that InterDigital has violated U.S. antitrust law by failing to keep its promise to fairly license technology considered essential to mobile phone communications.  Microsoft has filed a lawsuit against...
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