Click here for a confidential contact or call:

Page 3 of 131

The Antitrust Week In Review

Posted  08/30/21
Here are some of the developments in antitrust news this past week that we found interesting and are following. FTC urges judge to unwind $7.1 bln Illumina-Grail merger.  The U.S. Federal Trade Commission on Tuesday said it seeks to unwind life science company Illumina Inc's $7.1 billion acquisition of Grail Inc, alleging it would harm innovation and boost prices. FTC senior counsel Susan Musser said in her...

FTC Trial Seeks to Promote Competition in Cancer-Screening Tests by Unwinding Illumina-GRAIL Merger

Posted  08/30/21
By David A. Scupp
The FTC kicked off its trial challenging Illumina Inc.’s completed acquisition of GRAIL Inc. on Tuesday by urging an FTC administrative law judge to undo the $7.1 billion deal, arguing it would harm innovation and boost prices of cancer-screening tests. The FTC’s bid to unwind the merger of DNA sequencing leader Illumina and GRAIL, a biotech company focused on early cancer screenings could impact the health of...

The FTC’s Revival of its Facebook Complaint Shows That it’s Serious

Posted  08/27/21
By Jeffrey I. Shinder, Yo W. Shiina
The FTC’s revival of its monopoly maintenance claims against Facebook demonstrates what a serious antitrust enforcer can do after an unexpected setback. As expected, the FTC has filed an Amended Complaint that adds substantial factual allegations to respond to U.S. District Court Judge James Boasberg’s order dismissing the FTC’s initial Complaint for supposedly failing to allege sufficient facts to support...

Payments News Update – August 26, 2021

Posted  08/26/21
Legal and Regulatory Developments SPOTLIGHT: Outgoing NY Governor Signs Bill to Limit Overdraft Practices at State-Chartered Banks Banking Dive – August 20, 2021 New York Gov. Andrew Cuomo signed a bill Thursday aimed at helping consumers avoid bank overdraft fees. The law requires New York-regulated banks to process checks in the order they are received, or from smallest to largest, to prevent customers...

The Antitrust Week In Review

Posted  08/24/21
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. Revives Facebook Suit, Adding Details to Back Claim of a Monopoly.  The Federal Trade Commission took new aim at Facebook on Thursday, beefing up its accusations that the company was a monopoly that illegally crushed competition, in an attempt to overcome the skepticism of a federal judge who threw...

Ten Facts About Jonathan Kanter, Biden’s Pick to Head Antitrust

Posted  08/23/21
By Henry C. Su
President Biden’s nomination of Jonathan Kanter to be the Assistant Attorney General in charge of the U.S. Department of Justice’s Antitrust Division is a sure sign that the Administration is serious about reinvigorating antitrust enforcement. While the Senate Judiciary Committee has not yet taken any action on the nomination, which the White House announced last month, it’s not too soon to consider 10 key facts...

FTC Revives Monopoly Maintenance Claims Against Facebook

Posted  08/20/21
By Allison F. Sheedy
The FTC filed an amended complaint against Facebook yesterday, reviving its ongoing federal antitrust case against the leading online social network. U.S. District Court Judge James Boasberg surprised many observers when he dismissed the FTC’s original complaint in June 2021 for failing to allege sufficient facts to support the agency’s allegation that Facebook had monopoly power in a relevant market.  The...

Ten Facts About FTC’s Lina Khan

Posted  08/18/21
By Allison F. Sheedy
Lina Khan was making antitrust news even before President Biden nominated her to be a Commissioner of the Federal Trade Commission in March of 2021, which was followed by his appointment of Kahn to be the Chairperson of the FTC in June.  Here are 10 facts about Kahn that may offer some clues to the news she is likely to make as she strives to accomplish her goal of reinvigorating the FTC.
  1. At the age of 32, Khan...

New York’s Proposed Antitrust Overhaul Would Allow Recovery of Expert Fees

Posted  08/16/21
By Daniel Vitelli
New York may soon be at the vanguard of antitrust enforcement and litigation in the United States in more ways than one. On June 7, 2021, the New York Senate passed Senate Bill S933A (43 aye, 20 nay), which would overhaul the Donnelly Act, New York’s antitrust law.  Constantine Cannon lawyers have already discussed what the bill’s “abuse of dominance” provisions would mean for companies that have market...

The Antitrust Week In Review

Posted  08/16/21
Here are some of the developments in antitrust news this past week that we found interesting and are following. Biden's antitrust crackdown adds to anxiety of merger investors.  U.S. President Joe Biden's tougher regulatory stance on big corporate mergers has fueled a rise in investor bets on some deals not being completed, threatening to push the brakes on a record-setting dealmaking boom. Spreads between deal...
1 2 3 4 5 131


Subscribe to receive email updates from the Constantine Cannon blogs

Sign up for: