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Antitrust Today

C|C Attorneys Hold Webinar on Antitrust Issues for the Retail Industry

Posted  11/12/21
By Harrison J. McAvoy

On November 10, 2021, Constantine Cannon attorneys, Jeff Shinder and Harrison McAvoy, presented a webinar on antitrust issues salient to the retail industry, both from a compliance perspective and to help retail organizations on guard against anticompetitive conduct. The webinar can be accessed through CLE provider, Lorman Education Services.

What to Expect During Antitrust Merger Reviews and Investigations Under the Biden Administration (Part 1)

Posted  11/11/21
By Alysia A. Solow, Alan H. Schwartz
Antitrust enforcers are revising the gamebook for firms that hope to get their mergers through the federal merger review process. As this blog has previously reported on increased antitrust enforcement under the Biden Administration, the Federal Trade Commission (“FTC”) and U.S. Department of Justice (“DOJ”) are continuing with their renewed efforts to promote competition and block potentially...

Constantine Cannon Named to the 2022 “National Best Law Firm” List

Posted  11/10/21
Recognition from Best Lawyers includes National Tier 1 ranking for Antitrust Law and Litigation-Antitrust
Constantine Cannon LLP is pleased to announce that it has been named to the 2022 national Best Law Firms list by U.S. News - Best Lawyers. The firm has once again been recognized with a National Tier 1 rating for both its Antitrust Law and Litigation-Antitrust practices, in addition to other national and...

The Antitrust Week In Review

Posted  11/8/21
Here are some of the developments in antitrust news this past week that we found interesting and are following. Facebook Faces New Antitrust Lawsuit.  Mark Zuckerberg, Facebook’s chief executive, downloaded a popular new app, Phhhoto, on Aug. 8, 2014, and took a selfie. Other Facebook executives and product managers soon followed suit. The social network then made overtures to integrate Phhhoto. But the interest...

Will New York Become An AmEx Free Zone?

Posted  11/8/21
By Jeffrey I. Shinder
Many observers, this blog included, have commented on the potentially groundbreaking nature of New York’s proposed 21st Century Antitrust Act. Supporters of the bill emphasize the systematic dismantling of Section 2 of the Sherman Act, which is best evidenced by Justice Scalia’s “monopoly is good” diatribe in Verizon Communications, Inc. v. Trinko, 540 U.S. 398, 407.  Given the Supreme Court’s solicitude to...

DOJ Seeks to Close the Book on Penguin Random House’s Acquisition of Simon & Schuster

Posted  11/4/21
By Yo W. Shiina
On November 2, the U.S. Department of Justice (“DOJ”) once again demonstrated its renewed resolve to block anticompetitive concentrations by filing a civil antitrust lawsuit seeking to block Penguin Random House LLC’s proposed acquisition of its close competitor, Simon & Shuster. DOJ alleges that the merger would give Penguin Random House “outsized influence over who and what is published, and how much...

Republican FTC Commissioners Issue Dissenting Statement on Use of Prior Approval Provisions in Merger Orders

Posted  11/3/21
By David A. Scupp
As this blog has discussed, the FTC announced last week it is restoring a policy of “routinely requiring merging parties subject to a Commission order to obtain prior approval from the FTC before closing any future transaction affecting each relevant market for which a violation was alleged.”  According to the FTC, its Prior Approval Policy will help prevent facially anticompetitive deals, preserve FTC resources,...

Budding Antitrust Activity in the Cannabis Industry: Lessons from Richmond Compassionate Care Collective v. Koziol

Posted  11/2/21
By Kristian Soltes
As the cannabis industry continues to blossom from the backwoods into a multi-billion dollar bonanza, the antitrust spotlight is poised to increasingly shine on the industry’s many players. A California state court jury’s recent verdict awarding treble damages of $15 million to a medical marijuana collective could be an early harbinger of future activity in the cannabis space. The verdict was returned on...

The Antitrust Week In Review

Posted  11/1/21
Here are some of the developments in antitrust news this past week that we found interesting and are following. A Big Tech critic moves closer to leading the Justice Department’s antitrust division.  A Senate committee on Thursday approved a critic of the tech giants to lead the Justice Department’s antitrust division, sending his nomination to the full Senate for a final vote. The Senate Judiciary Committee...

Biden’s Pick for Top Antitrust Enforcer is Likely to Continue DOJ’s Increasing Focus on Labor Markets

Posted  10/29/21
By Janice Johnson
President Biden’s nominee for his administration’s top antitrust enforcer appears likely to continue the trend of increased enforcement efforts in labor markets. At his Senate confirmation hearing on October 6, 2021, Jonathan Kanter testified that, “If the antitrust laws are not working to protect competition to the benefit of workers, then the antitrust laws are not working.” Kanter is President Biden’s
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