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Military Contractors Get Prison Sentence for Bid Rigging Scheme

Posted  08/30/23
Military Personnel and Businessman Shaking Hands
Two military contractors were recently sentenced to prison time for bid-rigging violations, which the government said involved more than $17 million in government dollars, according to a DOJ press release.  This is the latest in the broader crackdown by the DOJ’s “Procurement Collusion Strike Force,” a joint effort to combat antitrust violations and government fraud. Bid rigging is when two or more...

DOJ and FTC Draft Merger Guidelines Reaffirm the Critical Role of Whistleblowers in Antitrust Enforcement

Posted  08/7/23
Puzzle Piece Hovering Over Final Position
Whistleblowers provide crucial information, bring illegality to light, and right wrongs.  It is true when a nurse brings a False Claims Act case against a healthcare provider that defrauded the government by billing Medicare despite failing to provide the proper services to its patients.  And, as the DOJ and FTC reenforced in their recently released draft merger guidelines, it is just as true when a customer,...

Bill To Reform New York’s Antitrust Laws Again Passes the State Senate

Posted  06/15/23
By Daniel Vitelli
Gavel at a birds eye view
A bill in the New York State Legislature that would substantially reform New York’s antitrust laws and place the Empire State at the vanguard of antitrust enforcement has once again passed the New York State Senate and now rests with the Assembly. Although the final legislative session day was scheduled for June 8, 2023, as reported by the Times Union, the Assembly may return in the near future—perhaps June...

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...

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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