The UK’s Financial Conduct Authority raided several insurance brokers earlier this month, marking the sector regulator’s first antitrust investigation to reach such an advanced stage.
Europe’s competition watchdog has closed a preliminary investigation of possible price-fixing and market division by biofuel producers.
South Africa’s competition watchdog yesterday added a further 10 charges against Japanese car shipping company Kawasaki Kisen Kaisha for allegedly rigging car shipping tenders across the world.
A Manhattan federal judge last week dismissed several requests made by plaintiffs pursuing damages for Libor manipulation, but did allow them to add new allegations to support their claim of a relationship between the benchmark and a derivative.
We’re reporting from the Delaware federal courthouse in downtown Wilmington this morning, as the Department of Justice faces off against the top-flight litigators hired to defend the merger of two companies that dispose of radioactive waste. Watch for coverage of opening statements in the GCR briefing this afternoon. In other news, Libor plaintiffs have been grudgingly granted one point on which to re-plead; Becton Dickinson is buying Bard but could have an old opponent reviewing the deal; and third-party presidential candidates are still arguing that their exclusion from debates is an antitrust problem.
As the debate over internet regulation rages on, automated data processing systems in the online retail sector have received surprisingly little coverage. From Amazon to Skyscanner, price comparison softwares have become expected and even integral to modern living. But with the ease provided by the increasingly ubiquitous software has also come an easier pathway to collusion, and difficulties with regards to its prosecution.
The acting head of the US Department of Justice’s antitrust division said today that the agency reserves the right to exclude culpable employees from a corporate leniency applicant’s protection from prosecution, if the enforcer already has enough evidence to charge them. Pallavi Guniganti at the ABA Spring Meeting
Reed Smith has hired two Linklaters litigation partners, Joseph P Armao and Paul Alfieri, to its global regulatory enforcement group in New York.
Claudio Donato Monge and Marco López Volio
Daniel Pino Arroba and Paulette Ocampo
Alejandra Palacios Prieto
Paloma Alcántara and Fernando Carreño
Davit Akman, Ian Macdonald and François Baril
Gowling Lafleur Henderson LLP
Satyen Dhana, Christine Graham and Jacqueline Vallat
CMS Cameron McKenna (London)
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