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The Antitrust Week In Review

				
Posted  03/30/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

Amex to Ask for Stay of Ruling Prohibiting Merchants From Promoting Other Cards.  American Express has announced that it will be seeking a stay of a ruling that could ban the company’s longstanding practice of prohibiting merchants from encouraging customers to pay with lower-cost cards.  Judge Nicholas...				 
				 					 

						
Tagged in:
													  Antitrust Litigation, 
													  International Competition Issues, 
												
						

					
	
								
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UK Passes Consumer Rights Bill Introducing Opt-Out Antitrust Class Actions

				
Posted  03/26/15
								

				 
								 				A View from Constantine Cannon’s London Office

By Richard Pike

The United Kingdom announced today that the Consumer Rights Bill has passed its final legislative hurdle and has been adopted as the Consumer Rights Act 2015 – heralding a major overhaul of consumer protection law in the UK.

Schedule 8 of the Act contains radical new provisions designed to boost private antitrust enforcement in the UK.  Most...				 
				 					 

						
Tagged in:
													  Antitrust Legislation, 
													  International Competition Issues, 
												
						

					
	
								
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The Antitrust Week In Review

				
Posted  03/23/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

Take Google to Court, Staff Report Urged F.T.C.  The Federal Trade Commission is facing renewed questions about its handling of its antitrust investigation into Google, after documents revealed that an internal report had recommended stronger action.  The 2012 report, from the FTC’s bureau of...				 
				 					 

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

					
	
								
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The Antitrust Week In Review

				
Posted  03/16/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

U.S. Is Seeking Billions From Global Banks in Currency Manipulation Settlement.  The U.S. Department of Justice is putting a price tag of about $1 billion each on potential settlements that it is trying to reach with global banks that it is investigating for manipulation of currency markets, according to...				 
				 					 

						
Tagged in:
													  Antitrust Litigation, 
												
						

					
	
								
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UBS AG Foots $135 Million Bill To Settle Currency Antitrust Case

				
Posted  03/13/15
								

				 
								 				By Hamsa Mahendranathan

UBS AG reached a $135 million settlement with plaintiffs today in the In re Foreign Exchange Benchmark Rates Antitrust Litigation in the U.S. District Court for the Southern District of New York.

UBS AG is the second bank to settle in this case—JPMorgan Chase & Co. settled with plaintiffs for $99.5 million in late January.  In addition to the settlement payments, both UBS AG and...				 
				 					 

						
Tagged in:
													  Antitrust Litigation, 
												
						

					
	
								
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The Antitrust Week In Review

				
Posted  03/9/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

SolarCity Sues Arizona Utility For Antitrust Violations.  SolarCity, a San Mateo based solar company filed a lawsuit in federal court in Arizona alleging that the Salt River Project, a utility based in Arizona, violated antitrust laws.  SolarCity is alleging that the utility has sabotaged the ability of...				 
				 					 

						
Tagged in:
													  Antitrust Litigation, 
												
						

					
	
								
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The Antitrust Week In Review

				
Posted  03/2/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

U.S. Asks If Comcast, Time Warner Cable Restricted Video Deals.  Federal regulators vetting Comcast Corp.’s proposal to buy Time Warner Cable Inc. want to know if the cable giants tried to restrict Walt Disney Co. and other entertainment providers from offering programs to rival online video outlets. ...				 
				 					 

						
Tagged in:
													  Antitrust Litigation, 
													  Antitrust Policy, 
												
						

					
	
								
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Federal Court Rings Down The Curtain On Baltimore-D.C. Rock Promoters’ Antitrust Case Against Live Nation

				
Posted  02/27/15
								

				 
								 				By Allison F. Sheedy

A long-running antitrust battle of the bands between a Baltimore-D.C. area regional concert promoter and venue operator and the concert colossus Live Nation got the hook in the U.S. District Court of the District of Maryland last week when Judge J. Frederick Motz ruled that the plaintiffs had not presented evidence that Live Nation had violated the antitrust laws.

Although the court found...				 
				 					 

						
Tagged in:
													  Antitrust Litigation, 
												
						

					
	
								
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Supremes Nix Antitrust Immunity For Unsupervised State Boards In Dental Case

				
Posted  02/26/15
								

				 
								 				By Allison F. Sheedy

The Supreme Court sided with the FTC yesterday in North Carolina State Board of Dental Examiners v. Federal Trade Commission, a much anticipated decision that sets limits on state-action immunity from federal antitrust laws.

In a six-to-three decision authored by Justice Kennedy, the Court held that when a nonsovereign actor, such as a state regulatory board, is controlled by active market...				 
				 					 

						
Tagged in:
													  Antitrust Litigation, 
												
						

					
	
								
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The Antitrust Week In Review

				
Posted  02/23/15
								

				 
								 				Here are some of the developments in antitrust news this past week that we found interesting and are following.

American Express Violated Antitrust Laws, Judge Rules.  In a 150-page opinion, Judge Nicholas G. Garaufis of the U. S. District Court for the Eastern District of New York ruled that American Express’s practice of prohibiting any merchant that accepts its cards from encouraging customers to pay with...				 
				 					 

						
Tagged in:
													  Antitrust Enforcement, 
													  Antitrust Litigation, 
												
						

					
	
								
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