Antitrust Group Archives - Page 104 of 155

Sixth Circuit Pulls Plug on Merging Hospital’s Weakened Firm Defense

Posted 04/25/14

By Marlene Koury The U.S. Court of Appeals for the Sixth Circuit has upheld a Federal Trade Commission (“FTC”) order unwinding a merger of two Ohio hospitals that unsuccessfully sought to breathe life into a “weakened firm defense.” In a unanimous opinion, a three-judge panel of the Sixth Circuit denied ProMedica’s petition to overturn a Federal Trade Commission ruling, which ordered ProMedica to...

Tagged in: Antitrust Enforcement, Antitrust Litigation,

Barclays Settles Second LIBOR Mis-Selling Case

Posted 04/15/14

A View from Constantine Cannon’s London Office By Natalia Mikolajczyk Barclays confirmed on Friday that it has settled another case alleging that it mis-sold LIBOR-tied derivative products. The lawsuit was filed by Domingos Da Silva Teixeira (DST), a family-owned construction and property company based in Braga, Portugal. As reported by the Financial Times, DST alleged that the British bank engaged in...

Tagged in: Antitrust Litigation, International Competition Issues,

Credit Card Issuers Defeat Claims They Conspired To Use Arbitration to Block Class Actions

Posted 04/14/14

By Owen Glist American Express, Chase, and Discover have prevailed in a bench trial of a class action charging that the nation’s largest credit card issuers illegally agreed to prevent cardholders from using class actions to sue them. While Judge William H. Pauley III of the U.S. District Court for the Southern District of New York ruled in favor of the defendants on Thursday, he also indicated the...

Tagged in: Antitrust Litigation,

Barclays Settles First LIBOR “Test Case”

Posted 04/9/14

A View from Constantine Cannon’s London Office By Michael Petrides Barclays announced on Monday that it has reached an out of court settlement of British LIBOR-related litigation with Graiseley Properties, owner of Guardian Care Homes (GCH). The case concerned two interest rate swap contracts entered into by Graiseley and Barclays. Graiseley suffered substantial losses when base LIBOR rates fell. ...

Tagged in: Antitrust Litigation, International Competition Issues,

Libor Antitrust Plaintiffs Strike Out Again

Posted 04/7/14

By Jean Kim The antitrust claims of yet another putative class of Libor plaintiffs have been dismissed by the U.S. District Court for the Southern District of New York. Finding that the plaintiff failed to adequately plead antitrust standing, Judge George Daniels dismissed the antitrust claims in Laydon v. Mizuho Bank, Ltd., a class action that alleges more than 20 banks manipulated the Euroyen Tokyo Interbank...

Tagged in: Antitrust Litigation,

NLRB’s “Student-Athletes” Ruling Is Seen As Exposing School For Hypocrisy

Posted 04/1/14

Last week’s decision by the National Labor Relations Board granting Northwestern University scholarship football players the right to unionize is sparking a debate over the hypocrisy of college sports. Constantine Cannon lawyers Gordon Schnell and David Scupp, who examined the NLRB decision in a post on this blog, express their views on the decision – and what it reveals about the big business of college sports...

Tagged in: Price Fixing,

Courts’ Prescription for Reverse-Payment Settlements Still Unknown Almost a Year After FTC v. Actavis

Posted 04/1/14
CC Attorney Ankur Kapoor

Competition Policy International (April, 2014). Click here to read the article.

NLRB Rocks Student-Athlete Cases With Ruling That College Athletes Are Employees Entitled To Unionize

Posted 03/28/14

By Gordon Schnell and David Scupp On Wednesday, the National Labor Relations Board issued a stunning decision finding that Northwestern University scholarship football players are employees of the school and therefore entitled to unionize. The NLRB’s holding could have a profound impact on the various antitrust suits that current and former players have brought against the NCAA, challenging its restrictions on...

Tagged in: Antitrust Litigation,

Former West Virginia Running Back Seeks To Block “Fixed” NCAA Scholarships

Posted 03/17/14

By David Scupp Shawne Alston, a former running back at West Virginia University, has filed an antitrust class action alleging the fixing of scholarship amounts by the NCAA and its five football “Power Conferences” – the ACC, Big Ten, Big 12, Pac 12, and SEC conferences. Alston claims that the NCAA and these Power Conferences conspired to fix the amounts of athletic scholarships, formally known as the...

Tagged in: Antitrust Litigation,

Show Me The Money Or Go Home: Federal Courts Wrestle With Addressing Reverse-Payment Settlements After Supreme Court’s Actavis Decision

Posted 03/13/14

By Ankur Kapoor and Rosa M. Morales Nearly a year after the Supreme Court held in FTC v. Actavis that reverse-payment settlement agreements between branded and generic pharmaceutical companies are subject to antitrust scrutiny under the rule of reason, federal district courts are struggling with the thorny issue of whether plaintiffs need to show them the money. More specifically, district courts remain...

Tagged in: Antitrust Litigation, Antitrust Policy, Intellectual Property Law and Antitrust,

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Sixth Circuit Pulls Plug on Merging Hospital’s Weakened Firm Defense

Barclays Settles Second LIBOR Mis-Selling Case

Credit Card Issuers Defeat Claims They Conspired To Use Arbitration to Block Class Actions

Barclays Settles First LIBOR “Test Case”

Libor Antitrust Plaintiffs Strike Out Again

NLRB’s “Student-Athletes” Ruling Is Seen As Exposing School For Hypocrisy

Courts’ Prescription for Reverse-Payment Settlements Still Unknown Almost a Year After FTC v. Actavis

NLRB Rocks Student-Athlete Cases With Ruling That College Athletes Are Employees Entitled To Unionize

Former West Virginia Running Back Seeks To Block “Fixed” NCAA Scholarships

Show Me The Money Or Go Home: Federal Courts Wrestle With Addressing Reverse-Payment Settlements After Supreme Court’s Actavis Decision

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