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Antitrust Today

Brexit: The Long Road Ahead

Posted  06/29/16
A View from Constantine Cannon’s London Office By James Ashe-Taylor  Less than a week after Britain’s vote to leave the European Union, it is becoming increasingly obvious that the vote to “Leave” has settled nothing. This uncertainty was perhaps inevitable given that the referendum was fundamentally flawed. The Prime Minister should have delayed the process until the Leave supporters put...

The Antitrust Week In Review

Posted  06/27/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Merging UK Firms Face More Costs, Bureaucracy with Brexit.  British companies planning mergers with EU peers will face more legal costs and regulatory hassles after Britain leaves the European Union as they will have to deal with two antitrust watchdogs, according to competition experts.  On the other...

Geographic Market Definition Trips Up FTC As Federal Court Rejects Challenge To Advocate-NorthShore Hospital Merger

Posted  06/22/16
By James J. Kovacs The loss of the Federal Trade Commission (“FTC”) in a hospital merger case in the U. S. District Court for the Northern District of Illinois last week highlights just how tricky defining a proper geographic market can be for antitrust enforcers these days. Following a six day hearing, Judge Jorge Alonso denied a request by the FTC and the State of Illinois in FTC v. Advocate Health Care to...

The Antitrust Week In Review

Posted  06/20/16
Advocate-NorthShore Merger Delayed Again.  Advocate Health Care and NorthShore University HealthSystem face another delay over a merger they announced almost two years ago.  U.S. District Judge Jorge Alonso on Friday granted the Federal Trade Commission's request to halt the proposed merger pending its appeal of the judge's decision earlier this week that cleared the way for the deal to close.  On Tuesday, Judge...

The Antitrust Week In Review

Posted  06/13/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. judge probes Uber over allegations of fraud in antitrust case. Uber must hand over documents to a federal judge probing whether private investigators hired by the ride-hailing company fraudulently sought information about its opponents in an antitrust case.  U.S. District court Judge Jed Rakoff in...

The Antitrust Week In Review

Posted  06/6/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. NRF Urges FTC to Probe Credit Card Body on Antitrust Concerns.  The National Retail Federation is asking the Federal Trade Commission to investigate an organization founded by credit card companies to set data security standards, saying the group's practices raise antitrust concerns.  The Payment Card...

The Antitrust Week In Review

Posted  05/31/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Court Reinstates Lawsuits Alleging Collusion by Big Banks.  Lawsuits against 16 of the world's largest banks alleging they colluded to manipulate the primary benchmark for global short-term interest rates were reinstated by a federal appeals court that decided that a district court judge had rejected the...

The Antitrust Week In Review

Posted  05/23/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Bayer Offers to Buy Monsanto in Global Agrochemicals Shakeout.  German drugs and chemicals group Bayer has made an unsolicited takeover proposal to U.S. seeds company Monsanto, seeking to create the world's biggest agricultural supplier and take advantage of converging pesticides and seeds markets. ...

The Antitrust Week In Review

Posted  05/16/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Google Faces Record 3 Billion Euro EU Antitrust Fine: Telegraph.  Google faces a record antitrust fine of about 3 billion euros ($3.4 billion) from the European Commission in the coming weeks, according to the British newspaper The Sunday Telegraph.  The European Union has accused Google of promoting its...

The Antitrust Week In Review

Posted  05/9/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Cigna Says Anthem Deal Could Close in 2017; Anthem Sticks to 2016.  Health insurer Cigna Corp, which announced plans to be bought by larger Anthem Inc 10 months ago, on Friday said the deal may close in 2017 rather than 2016 due to the complexity of the regulatory process, according to a filing with the...
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