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Antitrust Today

Antitrust Enforcers Enter the Metaverse

Posted  03/17/22
By Grant Petrosyan As the metaverse explodes into public consciousness, antitrust enforcers are donning the necessary headsets. The metaverse is a 3D virtual world where people can engage in a wide range of activities remotely, including meeting and interacting with others, playing games, shopping, holding meetings and conferences, and numerous other social, educational, and professional activities. More and...

Antitrust Enforcement Needs an Upgrade to Combat Digital Tacit Collusion by Blockchain Smart Contracts

Posted  03/11/22
By Jeff Shinder and Kristian Soltes Antitrust enforcers need to upgrade their enforcement efforts to deal with the challenges of using a 19th Century statute to combat 21st Century digital tacit collusion. Although the Sherman Act was enacted in 1890, its general proscriptions against restraints of trade are expected to apply to all manner of anticompetitive conduct in our fast-moving digital economy. That puts...

The Antitrust Week In Review

Posted  03/8/22
Here are some of the developments in antitrust news this past week that we found interesting and are following.   Viatris Agrees to Settle EpiPen Antitrust Litigation for $264 Million.  Viatris, the drugmaker previously known as Mylan, announced that it had agreed to pay $264 million to settle a class-action lawsuit that alleged the company was involved in an illegal scheme to monopolize the market for...

Antitrust Matters Episode 2: A Legacy of Antitrust, Part 1

Posted  03/4/22
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,...

Quick Facts About the Antitrust Bills Introduced in The Senate (Part 1)

Posted  03/4/22
By Matthew Moore and Taline Sahakian Antitrust law was due for an update—and that day may have come. When the Democrats took control of the White House, Senate and House of Representatives, it was expected that they would seek to reform the antitrust laws. Even the Republicans on the Senate antitrust subcommittee were chomping for change. And indeed, this Senate has seen a number of bills proposed that would...

Antitrust Enforcers Take Aim at Vertical Collusion in Defense Industry

Posted  03/3/22
By Sarah Bayer United States antitrust enforcers are stepping up their defense of competition in the defense industry to protect it from vertical—not just horizontal—anticompetitive acts. U.S. national security depends on a competitive defense industry to attract and cultivate top talent and deliver cutting-edge technology at the best value to taxpayers.  Recent actions by federal antitrust enforcers...

UPDATE:  The End of the Ocean Carriers’ Antitrust Exemption?

Posted  03/2/22
By Seth D. Greenstein President Joe Biden’s call for shipping reform during his State of Union address is the latest indicator that the longstanding antitrust exemption for ocean carriers may be running aground. On January 7, 2022, this blog asked whether supply chain delays and skyrocketing container shipping prices could lead to the end of ocean carriers’ historical immunity from the antitrust laws under...

The Antitrust Week In Review

Posted  03/1/22
Here are some of the developments in antitrust news this past week that we found interesting and are following.   U.S., Meta spar over date of antitrust trial.  U.S. regulators and Meta Platforms Inc (FB.O) are at odds over when to start a high-profile antitrust trial, with the Federal Trade Commission proposing December 2023 and the Facebook parent company asking for more time. According to a joint filing in...

The Antitrust Week In Review

Posted  02/22/22
Here are some of the developments in antitrust news this past week that we found interesting and are following.   U.S. antitrust enforcer, FBI announce effort to deter, identify collusion.  The U.S. Justice Department's Antitrust Division and the FBI announced an initiative to detect and prosecute companies that take advantage of supply chain disruptions to collude with rivals in order to raise prices. The...

Treasury Department’s Report Recommends an Antitrust Cocktail to Revive Competition in Alcohol Markets

Posted  02/18/22
By Yo W. Shiina   The United States Treasury Department has answered President Biden’s call for increased antitrust enforcement with a comprehensive report (the “Report”) on competition in alcohol markets that strongly recommends increased antitrust scrutiny of those markets by the Department of Justice (“DOJ”) and Federal Trade Commission (“FTC”).   The Treasury Department issued the Report...
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