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Antitrust Today

FTC Approval of Staples-Essendant Merger Exposes Fault Lines on Merger Enforcement

Posted  02/11/19
By Alex Cohen
The U.S. Federal Trade Commission’s (“FTC”) recent approval of Staples, Inc.’s acquisition of office supply wholesaler Essendant, Inc.—on a party-line three-to-two vote—reveals the agency’s divergent political views on merger enforcement and vertical transactions. On January 28, 2019, Republican Commissioners Simons (FTC Chair), Phillips and Wilson issued a joint statement in support of their votes to...

Tagged in: Antitrust Enforcement,

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The Antitrust Week In Review

Posted  02/11/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. House panel passes bill targeting OPEC oil supply cuts. A U.S. House of Representatives committee approved a bill on Thursday that would open up the Organization of the Petroleum Exporting Countries to antitrust lawsuits, but it was uncertain if the measure would be considered by the full chamber. A U.S....

Tagged in: Antitrust Enforcement, International Competition Issues,

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The Antitrust Week In Review

Posted  02/4/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. Democratic lawmaker re-introduces bills to strengthen antitrust.  Senator Amy Klobuchar, the top Democrat on the Senate Judiciary Committee’s antitrust panel, said on Friday that she had re-introduced two bills aimed at strengthening enforcement of U.S. antitrust law. One of the bills would adjust fees...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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The Antitrust Week In Review

Posted  01/28/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. E.U. Fines Mastercard $650 Million Over Fees Merchants Were Forced to Pay.  The European Commission has fined Mastercard 571 million euros, or around $650 million, for breaching antitrust rules by raising payment-processing fees artificially, leading to higher prices for retailers and consumers. The...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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The Antitrust Week In Review

Posted  01/22/19
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 Be Considering Large Facebook Fines.  The Federal Trade Commission is in the advanced stages of its investigation into whether Facebook violated privacy rules and is expected to seek large fines from the company, according to two people familiar with the inquiry.  The five members of...

Tagged in: Antitrust Enforcement, International Competition Issues,

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The Antitrust Week In Review

Posted  01/14/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. HSBC to pay $30 million to settle bond rigging lawsuit in U.S.  HSBC Holdings Plc has agreed to pay $30 million to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015. The settlement with the British bank was made...

Tagged in: Antitrust Enforcement, Antitrust Litigation,

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Constantine Cannon Attorneys Nominated for Antitrust Writing Award

Posted  01/9/19
Constantine Cannon attorneys Richard Pike and Athanasios Kalliris have been nominated by the Editorial Committee of Concurrences for one of the annual Antitrust Writing Awards that will be presented the night before this year’s ABA Spring Meeting in Washington D.C.  The article – The Role of the European Commission as an Intervener in the Private Enforcement of Competition Law – is an in-depth analysis of the...
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The Antitrust Week In Review

Posted  01/7/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. Qualcomm kicks off crucial fight with U.S. antitrust regulator. The U.S. Federal Trade Commission’s antitrust case accusing Qualcomm Inc. of abusing a monopoly on mobile chip technology kicked off in a California courtroom on Friday in a trial whose outcome could have a major impact on the smartphone...

Tagged in: Antitrust Enforcement,

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The Antitrust Week In Review

Posted  12/17/18
Here are some of the developments in antitrust news this past week that we found interesting and are following. CVS defends settlement that allowed Aetna merger as judge assesses.  CVS Health Corp. defended on Friday an agreement with the U.S. Justice Department which allowed it to purchase health insurer Aetna for $69 billion, a settlement that a federal judge is still assessing. The Justice Department approved...

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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The Antitrust Week In Review

Posted  12/10/18
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. appeals court hears arguments on stopping AT&T purchase of Time-Warner.  A three-judge appeals court panel on Thursday questioned the U.S. Justice Department’s challenge to a lower court’s approval of AT&T Inc.’s $85.4 billion acquisition of Time Warner. “Where is the clear error?” U.S....

Tagged in: Antitrust Enforcement, Antitrust Litigation, International Competition Issues,

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