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President Biden Signs Sweeping Executive Order to Promote Competition

Posted  07/19/21
By Grant Petrosyan
Antitrust enforcement in the United States could be reinvigorated to an extent not seen in decades as a result of President Biden’s sweeping executive order on “Promoting Competition in the American Economy” (the “Order”), which aims to enhance business competition, curb corporate dominance, and provide consumers and workers more choices and benefits across various industries ranging from agriculture to...

The Antitrust Week In Review

Posted  07/19/21

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

Analysis: Dealmakers see M&A rush, then chills, in Biden's antitrust crackdown.  Dealmakers expect a new wave of transformative U.S. mergers and acquisitions (M&A), as companies rush to complete deals before President Joe Biden's antitrust push takes shape, to be followed by a slowdown when regulators...

The Antitrust Week In Review

Posted  07/12/21

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

Biden's executive order to promote competition in the U.S. economy includes over 70 initiatives.  President Joe Biden will sign an executive order that includes 72 initiatives he wants over a dozen agencies to undertake to promote competition throughout the U.S. economy, according to a fact sheet released...

The Antitrust Week In Review

Posted  07/6/21

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

Exclusive: White House order pushes antitrust enforcement throughout U.S. economy.  The White House is working on an antitrust executive order that aims to push government agencies to consider how their decisions will impact competition in an industry, according to two sources familiar with the matter. The...

Supreme Court Slams NCAA’s “Procompetitive Rationale” in Unanimous Ruling

Posted  07/1/21
By David A. Scupp, J. Wyatt Fore
Last week, the Supreme Court unanimously affirmed a lower court decision striking down NCAA rules limiting student-athlete compensation in a decision that is now being scrutinized for its impact on both antitrust law and college sports. In NCAA v. Alston, plaintiffs challenged those restrictions as a horizontal agreement to limit earnings for their labor.  The Supreme Court agreed, holding that the antitrust laws...

The Antitrust Week In Review

Posted  06/29/21

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

Antitrust Overhaul Passes Its First Tests. Now, the Hard Parts.  Six bills that could reshape the tech industry passed an important hurdle in the House. But the outcomes of the votes, and the debates before they took place, also showed divisions among lawmakers — and underscored why final passage of the...

The Antitrust Week In Review

Posted  06/22/21

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

The Justice Department sues to block a major insurance brokers’ merger.  The Department of Justice filed a civil suit on Wednesday to block the proposed merger of Aon and Willis Towers Watson, arguing that combining two of the Big Three insurance brokers would create an anticompetitive “behemoth.”...

The Antitrust Week In Review

Posted  06/14/21

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

U.S. Senate passes bill to raise fees on biggest mergers.  The U.S. Senate passed a bill on Tuesday that would increase fees that companies planning the biggest mergers pay to government antitrust agencies and give those agencies bigger budgets. The bill - co-sponsored by Democrat Amy Klobuchar, the top...

The Dawn of Antitrust Whistleblowing

Posted  06/9/21
By Marlene Koury, Kristian Soltes
Attorney headshots of Marlene Koury and Kristian Soltes

Whistleblowing is crossing paths with antitrust enforcement. Expect the trend to accelerate.

In the past few years, whistleblowers have become increasingly instrumental in detecting and addressing corporate wrongdoing. Increased protections and financial incentives have encouraged whistleblowers to expose corruption and other wrongdoing, much of which would otherwise often go unnoticed. This phenomenon is also...

June 7, 2021

An engineering firm in North Carolina, Contech Engineered Solutions LLC (Contech), has been ordered to pay $7 million in criminal fines and over $1.5 million in restitution to the North Carolina Department of Transportation (NCDOT).  Contech admitted that it conspired to rig bids and defraud the NCDOT, fraudulently obtaining contracts over a ten-year period.  DOJ charged a former Contech executive, Brent Brewbaker, as a co-defendant.  Brewbaker remains under indictment.  DOJ
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