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The Antitrust Week In Review

Posted  01/18/22
Here are some of the developments in antitrust news this past week that we found interesting and are following. White House encouraged by rejection of Facebook request to dismiss antitrust lawsuit.  The White House said it was encouraged by a U.S. judge's decision not to dismiss the Federal Trade Commission's antitrust lawsuit against Facebook. "Certainly we are encouraged by the district court's decision", White...

Elite Universities Face Price-Fixing Allegations

Posted  01/18/22
By James J. Kovacs
A potential class of more than 170,000 former students that received financial aid to attend 16 of the top universities in the United States may be entitled to hundreds of millions of dollars in damages, according to a complaint recently filed in the U.S. District Court for the Northern District of Illinois. The plaintiffs allege that these private, national universities, which rank in the top 25 of U.S. News &...

Will the Next Chapter in DOJ’s Showdown With Book Publishers Rewrite the Book on Antitrust Merger Enforcement?

Posted  01/14/22
By Taline Sahakian, Yo W. Shiina
Federal antitrust enforcers hope to write a new chapter on merger enforcement this year as they face off against leading publishers. One of the major antitrust developments last year was the United States Department of Justice’s (DOJ) challenge of the merger of Penguin Random House and Simon & Schuster, alleging that the large publishers’ combined monopsony power would harm competition in the publishing...

UPDATE: New York’s Groundbreaking Antitrust Bill Is Reported Out of Committee and Advances to the Senate Floor Calendar

Posted  01/12/22
By Daniel Vitelli
New York took a step closer to launching an antitrust revival in the state today as the New York Senate Consumer Protection Committee voted to send S933A—a groundbreaking antitrust bill that would fundamentally reshape antitrust law and enforcement in the Empire State—to the full Senate floor calendar. As this blog previously reported, although New York’s Twenty-First Century Antitrust Act passed the Senate...

New York’s Groundbreaking Antitrust Bill Is Back on the Agenda for the New Legislative Session

Posted  01/11/22
By Daniel Vitelli
New Yorkers backing a broad revision of the Donnelly Act have hopes that the new legislative session will usher in an antitrust revival in the state. With the opening of New York’s 2022 legislative session on January 5, an early order of business will be consideration of bills that did not become law during the 2021 session.  One major piece of unfinished business will be tackled with committee consideration of...

The Antitrust Week In Review

Posted  01/11/22

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

Biden unveils plan to boost competition in U.S. meat industry.  President Biden has announced that the United States will issue new rules and $1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of “meaningful competition” in the meat...

Will Supply Chain Delays and Skyrocketing Prices Lead to the End of Ocean Carriers’ Antitrust Exemption?

Posted  01/7/22
By Seth D. Greenstein
One of the oldest antitrust exemptions may yet fall victim to the pandemic as the global supply chain crisis causes federal policymakers to reevaluate the statutory immunity currently enjoyed by ocean carriers. Despite a year of turmoil in the ocean carriage supply chain, American consumers appear to have weathered the holiday shopping season with most of their gift giving intact.  Many consumers did their part by...

The Antitrust Week In Review

Posted  01/4/22
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. appeals court revives Libor-rigging claims against banks.  A U.S. appeals court revived litigation accusing a slew of large banks of conspiring to rig the Libor interest rate benchmark, including during the 2008 financial crisis, to boost profits at investors' expense and make the banks appear...

The Antitrust Year in Preview: Six Antitrust Developments to Watch in 2022

Posted  01/3/22
By Ankur Kapoor, Daniel Vitelli
As we enter the third year of the COVID-19 pandemic, it’s become clear that one thing the pandemic hasn’t slowed is the revival of antitrust activity.  Here are six major antitrust developments expected this year, with potentially big implications for tech antitrust, merger enforcement, and criminal antitrust enforcement against no-poach agreements.
  1. Antitrust Bills in the U.S. Congress
We expect Congress...

The Antitrust Week In Review

Posted  12/28/21
Here are some of the developments in antitrust news this past week that we found interesting and are following. As Prices Rise, Biden Turns to Antitrust Enforcers.  As rising inflation threatens his presidency, President Biden is turning to the federal government’s antitrust authorities to try to tame red-hot price increases that his administration believes are partly driven by a lack of corporate competition....
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