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The Antitrust Week In Review

Posted  03/2/20
United Technologies, Raytheon offer EU concessions over $120 billion merger deal.  United Technologies Corp. and Raytheon Co. (RTN.N) have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. aerospace and defense giant, a filing on the European Commission website showed on Monday. The companies submitted their concessions on Friday. The European Commission, which did...

FTC Challenge Pushes Schick Deal to Acquire Harry’s Off The Razor’s Edge

Posted  02/21/20
By Alan H. Schwartz
Edgewell Personal Care Co., the parent company of Schick, has abandoned its plans to purchase Harry’s Razors just days after the Federal Trade Commission filed a complaint to block the merger earlier this month. In May 2019, Edgewell entered into an agreement to purchase Harry’s Inc., a start-up shaving company, for approximately $1.37 billion in stock and cash. The two companies compete in the “wet shave”...

The Antitrust Week In Review

Posted  02/17/20

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

FTC antitrust victory on Qualcomm questioned by appeals court.  The U.S. government’s antitrust victory over chip supplier Qualcomm Inc. drew tough questions for the Federal Trade Commission from a panel of three appellate judges in San Francisco on Thursday. The U.S. 9th Circuit Court of Appeals heard...

The Antitrust Week In Review

Posted  02/3/20
Here are some of the developments in antitrust news this past week that we found interesting and are following. Martin Shkreli Faces New Accusations Over High-Priced Drug.  Martin Shkreli, a former pharmaceutical executive serving a seven-year prison sentence for defrauding investors, was accused on Monday of trying to maintain a monopoly over the lifesaving drug Daraprim through anticompetitive tactics. The...

The Antitrust Week In Review

Posted  01/27/20
Here are some of the developments in antitrust news this past week that we found interesting and are following. EU plans more protectionist antitrust rules, data sharing in policy shake-up.  The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper edge in global markets, a strategy document...

The Antitrust Week In Review

Posted  01/21/20
Here are some of the developments in antitrust news this past week that we found interesting and are following. Facebook sued in U.S. federal court for alleged anticompetitive conduct.  Four companies sued Facebook Inc. in U.S. federal court on Thursday for alleged anticompetitive conduct, saying the social network inappropriately revoked developer access to its platform in order to harm prospective competitors....

The Antitrust Week In Review

Posted  01/6/20
Here are some of the developments in antitrust news this past week that we found interesting and are following. Police body camera maker Axon sues U.S. FTC over antitrust litigation.  Axon Enterprise Inc. is suing the U.S. Federal Trade Commission in a bid to have antitrust proceedings over an acquisition heard in a federal court and not in an internal FTC process, claiming that the FTC’s ability to both...

The Antitrust Week In Review

Posted  12/9/19
Facebook in EU antitrust crosshairs over data collection.  EU antitrust regulators are investigating how Facebook collects and monetizes its data, the European Commission said, opening a second front on top of an existing probe into the social media giant’s online marketplace. “These investigations concern the way data is gathered, processed, used and monetized including for advertising purposes,” the EU...

Trillium Argues Oregon Hospitals Conspired to Prevent Insurer’s Entry into State-Regulated Medicaid Markets

Posted  12/5/19
By James J. Kovacs
Three major hospital systems are accused of taking advantage of state regulation of healthcare to snuff out competition in a novel antitrust case filed in the United States District Court for the District of Oregon. Trillium Community Health Plan, a subsidiary of the Centene Corporation, alleges numerous entities and individuals, including three prominent hospital systems—Legacy Health, Providence Health &...

The Antitrust Week In Review

Posted  12/2/19
Here are some of the developments in antitrust news this past week that we found interesting and are following. U.S. Closes Wireless Collusion Investigation With No Charges.  The Justice Department said Wednesday that it had ended an investigation into possible coordination among AT&T, Verizon and a standards-setting organization to make it more difficult for people to switch wireless carriers. The agency said the...
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