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New York Attorney General Scores For NFL Fans With NFL Agreement To Drop Mandatory Price Floor On Ticket Resales

Posted  11/17/16
By James J. Kovacs New York Attorney General Eric T. Schneiderman has announced a multi-state settlement with the National Football League (“NFL”) eliminating the NFL’s league-wide usage of a “mandatory price floor” in the secondary ticket market. NFL rules had required all 32 teams to impose a mandatory price floor on secondary market ticket sales, not only on the NFL-owned Ticket Exchange website, but also on third-party websites sanctioned by...

November 8, 2016

Japanese auto maker Usui Kokusai Sangyo Kaisha Ltd. agreed to plead guilty and pay a $7.2 million criminal fine for its role in a criminal conspiracy to fix prices, allocate customers and rig bids for automotive steel tubes sold to automobile manufacturers in the United States and elsewhere.  DOJ

The Antitrust Week In Review

Posted  08/15/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. South Korea says investigating whether Google broke antitrust laws.  South Korea's antitrust regulator said on Friday it is looking into whether Google has violated the country's anticompetition laws, acknowledging formal scrutiny of the global internet search company for the first time.  The Korea Fair Trade Commission (KFTC) disclosed the investigation in...

The Antitrust Week In Review

Posted  02/29/16
Here are some of the developments in antitrust news this past week that we found interesting and are following. Dow Chemical settles price-fixing case after Justice Scalia's death. Dow Chemical has agreed to pay $835 million to settle a decade-long lawsuit on price fixing, saying that the death of Justice Antonin Scalia lessened its chances of overturning the verdict at the Supreme Court.  Dow, which is in the process of...

The Antitrust Week In Review

Posted  01/4/16
Here are some of the developments in antitrust news this past week that we found interesting and are following: RadioShack Antitrust Lawsuit: Sony, Samsung, Toshiba And Others Accused Of Illegal Price-Fixing Conspiracy.  The liquidation trustee for the former retail giant RadioShack is accusing five of the world’s largest consumer electronics companies of illegally conspiring to create an intricate price-fixing scheme that artificially inflated the cost of optical disk drives, a...

The Antitrust Week In Review

Posted  07/13/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. MasterCard Faces Antitrust Charges in E.U.  European antitrust officials have filed formal charges against MasterCard, accusing the company of harming consumers and retailers by setting artificially high fees for credit card transactions in Europe.  The European Commission said MasterCard had prevented some retailers from processing transactions in countries with lower fees....

The Antitrust Week In Review

Posted  07/6/15
Here are some of the developments in antitrust news this past week that we found interesting and are following. Airlines Under Justice Dept. Investigation Over Possible Collusion.  Federal prosecutors are investigating possible collusion among airlines to limit seating, two years after the U.S. Department of Justice approved the latest in a wave of airline mergers, saying the combination would benefit consumers.  In letters sent to airlines, federal prosecutors have asked...

European Commission Announces Agreement To Cap Interchange Fees For Card-Based Payments

Posted  01/7/15
A View from Constantine Cannon’s London Office By Yulia Tosheva and James Ashe-Taylor The European Commission has announced that the European Parliament and the European Council have reached a long-awaited political agreement on the Commission’s proposal for a Regulation on Interchange Fees for Card-based Payment Transactions. The Regulation will introduce maximum fees for four-party card schemes’ consumer debit and credit cards, prevent card schemes from forcing retailers to accept all types...

NLRB’s “Student-Athletes” Ruling Is Seen As Exposing School For Hypocrisy

Posted  04/1/14
Last week’s decision by the National Labor Relations Board granting Northwestern University scholarship football players the right to unionize is sparking a debate over the hypocrisy of college sports. Constantine Cannon lawyers Gordon Schnell and David Scupp, who examined the NLRB decision in a post on this blog, express their views on the decision – and what it reveals about the big business of college sports – in an op-ed...

Court Closes The Book On Bookhouse Antitrust Claims Against Amazon And Publishers

Posted  12/17/13
By Allison F. Sheedy The U.S. District Court for the Southern District of New York has dismissed antitrust claims against Amazon and the six largest book publishers related to the publishers’ contracts with Amazon for the distribution of e-books requiring the use of digital rights management software (“DRM”) in The Bookhouse of Stuyvesant Plaza, Inc. et al. v. Amazon.com, Inc. et al. The Bookhouse plaintiffs are independent bookstores that sell...
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