Antitrust Group

Payments News Update - August 25, 2023

Legal and Regulatory Developments SPOTLIGHT: New Jersey Limits Card Surcharging to Merchants’ Processing Fees Digital Transactions News – August 22, 2023 New Jersey has implemented a law that prohibits merchants in the state from profiting from credit card surcharging and requires merchants to clearly disclose any surcharges to consumers. The law, which was passed by the New Jersey legislature in June...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Hospital sues data analytics company MultiPlan in US court antitrust case.  Nonprofit hospital system AdventHealth has sued data analytics company MultiPlan in U.S. court, accusing it of leading a price-fixing conspiracy that underpaid healthcare providers billions of dollars for out-of-network...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   JetBlue, Spirit slam 'speculative' consumer lawsuit fighting $3.8 billion merger. JetBlue and Spirit in U.S. court called a consumer lawsuit over the airlines' merger plan "vague" and "speculative" and said it should be rejected as the U.S. Justice Department pursues a case against the $3.8 billion...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   NCAA must face volunteer coaches' antitrust lawsuits over pay, US judge says.  A U.S. judge on Thursday said the governing body for American intercollegiate sports must face a pair of class actions in California that claim curbs on compensation for thousands of volunteer coaches violated federal...

Payments News Update - July 28, 2023

Legal and Regulatory Developments SPOTLIGHT: DOJ Continues to Probe Visa Over Debit Cards, Other Payment Methods PYMNTS – July 26, 2023 Visa is reportedly under continued scrutiny by the U.S. Department of Justice. A new civil investigative demand, similar to a subpoena, was filed May 2, bringing to light a deepening inquiry into the payment processor’s practices, Bloomberg reported Wednesday (July...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Biden’s Antitrust Team Isn’t Backing Down From a Fight on Deals.  The Justice Department and the Federal Trade Commission announced their long-awaited merger guidelines, and the proposed regulatory framework reveals that the regulators aren’t changing their aggressive approach despite losing a...

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. appeals court refuses FTC request to pause Microsoft deal for Activision.  A U.S. appeals court rejected the Federal Trade Commission's request to pause Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard. The decision removes one of the few remaining hurdles stopping...

Payments News Update - July 14, 2023

Legal and Regulatory Developments SPOTLIGHT: CFPB Takes Action Against Bank of America for Illegally Charging Junk Fees, Withholding Credit Card Rewards, and Opening Fake Accounts CFPB – July 11, 2023 Today, the Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay more than $100 million to customers for systematically double-dipping on fees imposed on customers with insufficient funds in...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following.   Metaverse has set off no alarms or need for controls yet, EU antitrust chief says.  The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust chief Margrethe Vestager said. An initiative that...

Antitrust Matters Episode 13: Epic v. Apple Ninth Cir. Appeal: Reactions to and Analysis of the Decision

Antitrust Matters provides engaging and timely conversations about competition policy in the digital age. Antitrust has always mattered to consumers and businesses, and to antitrust lawyers and economists, but today it also is in the political and public discourse more than ever. From the prices we pay for food, travel, financial services, payments to the way we interact daily using digital apps and platforms,...