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The Antitrust Week In Review

Posted  04/6/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Antitrust and Other Inquiries in Europe Target U.S. Tech Giants.  European antitrust regulators are intensifying their scrutiny of giant American tech companies.  Not only is the European Union antitrust investigation into Google heating up, but additional European countries are looking into Facebook’s...

Congress Grapples With The Right Mix For Bipartisan Data Breach Bill

Posted  04/2/15
By Leigh Orliner LaMartina Congress is actually making progress in advancing a bipartisan bill that seeks to stem the avalanche of data breaches that lately seem to threaten massive amounts of sensitive consumer financial information with alarming regularity. On March 25, 2015, the House Energy and Commerce Committee voted to approve the Data Security and Breach Notification Act of 2015 (the “Act”), which...

Supreme Court Seeks To Untangle Patent And Antitrust Principles Caught In Spider-Man’s Web

Posted  03/31/15
By Seth D. Greenstein The Supreme Court heard oral argument today on whether litigation over a toy based on Spider-Man’s web should be used to vanquish a 50-year-old precedent precluding patent owners from collecting patent royalties on expired patents under a per se rule, and to replace it, in effect, with an antitrust Rule of Reason analysis. In Kimble v. Marvel Enterprises, Inc., an individual inventor...

The Antitrust Week In Review

Posted  03/30/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Amex to Ask for Stay of Ruling Prohibiting Merchants From Promoting Other Cards.  American Express has announced that it will be seeking a stay of a ruling that could ban the company’s longstanding practice of prohibiting merchants from encouraging customers to pay with lower-cost cards.  Judge Nicholas...

UK Passes Consumer Rights Bill Introducing Opt-Out Antitrust Class Actions

Posted  03/26/15
A View from Constantine Cannon’s London Office By Richard Pike The United Kingdom announced today that the Consumer Rights Bill has passed its final legislative hurdle and has been adopted as the Consumer Rights Act 2015 – heralding a major overhaul of consumer protection law in the UK. Schedule 8 of the Act contains radical new provisions designed to boost private antitrust enforcement in the UK.  Most...

The Antitrust Week In Review

Posted  03/23/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Take Google to Court, Staff Report Urged F.T.C.  The Federal Trade Commission is facing renewed questions about its handling of its antitrust investigation into Google, after documents revealed that an internal report had recommended stronger action.  The 2012 report, from the FTC’s bureau of...

The Antitrust Week In Review

Posted  03/16/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. Is Seeking Billions From Global Banks in Currency Manipulation Settlement.  The U.S. Department of Justice is putting a price tag of about $1 billion each on potential settlements that it is trying to reach with global banks that it is investigating for manipulation of currency markets, according to...

UBS AG Foots $135 Million Bill To Settle Currency Antitrust Case

Posted  03/13/15
By Hamsa Mahendranathan UBS AG reached a $135 million settlement with plaintiffs today in the In re Foreign Exchange Benchmark Rates Antitrust Litigation in the U.S. District Court for the Southern District of New York. UBS AG is the second bank to settle in this case—JPMorgan Chase & Co. settled with plaintiffs for $99.5 million in late January.  In addition to the settlement payments, both UBS AG and...

The Antitrust Week In Review

Posted  03/9/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. SolarCity Sues Arizona Utility For Antitrust Violations.  SolarCity, a San Mateo based solar company filed a lawsuit in federal court in Arizona alleging that the Salt River Project, a utility based in Arizona, violated antitrust laws.  SolarCity is alleging that the utility has sabotaged the ability of...

The Antitrust Week In Review

Posted  03/2/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. Asks If Comcast, Time Warner Cable Restricted Video Deals.  Federal regulators vetting Comcast Corp.’s proposal to buy Time Warner Cable Inc. want to know if the cable giants tried to restrict Walt Disney Co. and other entertainment providers from offering programs to rival online video outlets. ...
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