A divided U.S. Supreme Court held Monday that iPhone users can bring antitrust claims against Apple over commissions charged on apps on the App Store, drawing a heated dissent from the conservative minority as technology companies warned the decision dangerously expands who counts as a “direct purchaser” able to bring such claims.
In a letter to the Federal Communications Commission Thursday, an Oklahoma phone company expressed doubt that T-Mobile would maintain a commitment to the Lifeline program for low-income consumers, citing the company’s track record of limited participation.
The U.K.’s competition tribunal pumped the brakes Friday on a class certification bid against Daimler and other truck manufacturers accused of a price-fixing cartel, preferring to wait at least until the country’s high court decides whether to take up Mastercard’s appeal of a decision significantly lowering the certification bar.
BMW AG’s chief executive on Thursday blasted a European Union investigation alleging that it colluded with other German car makers to keep new emissions technology off the market for several years, calling the claims unfounded.
A Manhattan federal judge on Friday approved a $182.5 million settlement between JPMorgan Chase & Co., Citigroup and investors who accuse the two megabanks of rigging a key euro rate, signing off also on a roughly $36 million haul for plaintiffs' firms that brought the antitrust class action.
The U.S. Department of Justice deal clearing the CVS-Aetna merger remains bound for review with live witness testimony in early June after a D.C. federal judge rejected CVS Health Corp.'s bid to delay the first-of-its-kind review by more than a month.
The U.S. House of Representatives passed legislation on Thursday that aims to lower prescription drug costs, including a bill that would ban pay-for-delay settlements to keep generic drugs off the market, as well as measures to strengthen the Affordable Care Act.
The U.S. Department of Justice's top antitrust official is set to appear for Federal Circuit oral arguments in an appeal by Capital One Financial Corp. on claims accusing Intellectual Ventures I LLC of monopolizing the banking technology market.
The expansion of U.S. plaintiffs firms into Europe means that five major banks fined €1.07 billion ($1.2 billion) Thursday for rigging the multitrillion-dollar foreign exchange market may be about to face a wave of costly follow-on claims in the region.
Generic-drug maker Zydus needs to cough up details on its generic version of Zetia, buyers of the cholesterol medication told a Virginia federal court, as they contend that information may bolster their pay-for-delay case against Merck and Glenmark.
The Italian Competition Authority said Friday it has opened an investigation into Google Inc. over allegations it is abusing its dominant market position in the smart-device sector.
Gilead believes that Centers for Disease Control and Prevention patents that went toward its blockbuster HIV prevention and treatment medication Truvada are invalid and can't be used to make the company lower the drug's cost, the company’s CEO told the U.S. House of Representatives on Thursday.
United Healthcare and Humana want the Pennsylvania federal court overseeing sprawling multidistrict litigation over generic drug prices to refuse to grant an order that would set aside part of any money the health care companies might win for the main class.
Nashville's general hospital has one week to amend a proposed class of Lovenox buyers after a Tennessee federal judge rejected a last-minute tweak to the class definition in a lawsuit accusing Momenta and Sandoz of conspiring to monopolize the blood clot drug and its generic version.
Canada is mulling a controversial regulatory change under which its major wireless players would share their networks with smaller operators, and the country’s antitrust authority advised Thursday that the move might drum up competition and lower prices, but also come with serious drawbacks.
A former Jiffy Lube worker explained to a Pennsylvania federal court that he filed his suit challenging no-poach provisions in the company's franchise agreements in the district where the pacts prevented him from both "coming and going" and that the case should not be transferred to Texas.
The European Union's top antitrust official suggested Thursday that the bloc's enforcers need to do more than just stop anti-competitive behavior in fast-moving digital markets, arguing for more proactive authority that can force companies to actually shore up the competition they allegedly undermined.
Pennsylvania’s highest court seemed unwilling Thursday to indefinitely extend a state-brokered consent decree to require the University of Pittsburgh Medical Center to provide ongoing in-network access to Highmark Inc. insurance holders.
The owners of multiple private security guard companies and their attorneys fought back Wednesday against a proposed class action accusing them of running a no-poaching conspiracy to suppress security guard wages, arguing the suit is trying to transform uncontroversial noncompete agreements into a federal antitrust case.
Attorneys general from California, Florida and three other states that helped the U.S. Department of Justice craft a deal clearing the CVS and Aetna merger want time to defend the agreement amid the deal's unusual review process playing out in D.C. federal court.
Five major banks including Royal Bank of Scotland and Barclays have been fined more than €1 billion ($1.2 billion) for allegedly colluding in the trade of large sums in foreign-exchange markets, the European Commission announced Thursday.
The fight by many Democrats to push competition policy in a more populist direction helped spark a row at the Federal Trade Commission this week when members traded barbs over the agency’s split decision allowing Staples and its private equity backer to acquire office supply company Essendant.
The total value of fines levied by global enforcers for cartel conduct last year dropped slightly compared to 2017, but antitrust authorities still doled out significant penalties over both domestic and international activity, according to a report released Thursday by Morgan Lewis & Bockius LLP.
Justices Samuel Alito and Neil Gorsuch on Monday floated the idea of overruling the high court’s landmark Illinois Brick decision, which limits federal antitrust standing to direct purchasers, during oral arguments in a case accusing Apple Inc. of monopolizing the market for apps sold on its devices.
On Friday, AdvoCare announced that an immediate change to its business model was its “only viable option" and that it was “in confidential talks” with the Federal Trade Commission. It seems likely that AdvoCare made the change in order to argue that the FTC does not have authority to bring this case against the company, says John Villafranco of Kelley Drye.
The Federal Trade Commission is well-equipped to take action against the anti-competitive "rebate walls" that pharmaceutical manufacturers are structuring in order to block new innovative drugs from entering the market, says David Balto, a former policy director of the FTC's Bureau of Competition.
In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.
The No Oil Producing and Exporting Cartels Act has been reintroduced in Congress, and the oil market conditions that spurred this needed legislation in 2000 are just as widespread today — but so are the inaccurate criticisms of this bill, says attorney Seth Bloom, who drafted the original version of NOPEC.
My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.
An ongoing multidistrict litigation alleges manipulation of the formula used to determine the settlement price for derivatives based on the Chicago Board Options Exchange’s volatility index. But a review of trading data reveals how reasons other than manipulation can explain trading activity on any given day, say consultants with Analysis Group.
The primary practical implication of the U.S. Supreme Court's ruling Monday in Apple v. Pepper is that the court's Illinois Brick precedent remains an obstacle to federal antitrust claims for damages, but that its scope arguably has been limited, say attorneys at Skadden.
Though the Federal Circuit's decision in Amarin v. U.S. International Trade Commission mandates careful drafting of Food, Drug and Cosmetics Act-related Section 337 claims under the Tariff Act, it arguably leaves the door open for creative litigants to raise claims for less common "unfair acts," say attorneys at Ropes & Gray.
Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.
A New York federal court's recent decision in U.S. v. Connolly is a warning to prosecutors against outsourcing their investigations to companies and outside counsel, but it should also be used by companies to determine the framework for internal investigations, says Rachel Maimin of Lowenstein Sandler.