USA News

Ex-Saks workers sue over no-poach agreements

Ex-Saks workers sue over no-poach agreements

GCR USA - 19 February 2020

Three former employees of Saks have sued the department store chain along with six luxury retailers, alleging that they entered into no-poach agreements that violated antitrust laws.

Litigators of the week: Freshfields and Dechert defeat FTC

Litigators of the week: Freshfields and Dechert defeat FTC

GCR USA - 19 February 2020

The Federal Trade Commission rarely loses its bids for preliminary injunctions to prevent deals from being consummated.

Former Sandoz exec pleads guilty to price-fixing

Former Sandoz exec pleads guilty to price-fixing

GCR USA - 18 February 2020

A former Sandoz executive has pleaded guilty to knowingly entering into a conspiracy to fix prices, rig bids and allocate customers of certain generic pharmaceuticals.

First Circuit asks Sanofi to prove patent claims were in good faith

First Circuit asks Sanofi to prove patent claims were in good faith

GCR USA - 18 February 2020

Direct purchasers stated a claim for monopolisation against Sanofi-Aventis, the US Court of Appeals for the First Circuit has held, and the drugmaker must prove its defence was in good faith.

Investors say they steer clear of platforms

Investors say they steer clear of platforms

GCR USA - 14 February 2020

When deciding whether to invest in a startup, venture capitalists assess its dependence on incumbents and whether a dominant platform might shut it down, a technology investor has told the Department of Justice.

FTC faces tough questions in Qualcomm appeal

FTC faces tough questions in Qualcomm appeal

GCR USA - 13 February 2020

Federal appellate judges challenged the Federal Trade Commission’s theories of harm about Qualcomm’s licensing practices during oral arguments on Thursday.

State enforcer questions economists’ role in antitrust

State enforcer questions economists’ role in antitrust

GCR USA - 13 February 2020

Max Miller, a lawyer in the office of the Iowa attorney general, is among those inside and outside government questioning if economics has played an outsized role in the enforcement process.

Uphill battle for T-Mobile/Sprint appeal, experts say

Uphill battle for T-Mobile/Sprint appeal, experts say

GCR USA - 12 February 2020

The states that sued to block the T-Mobile/Sprint merger have not said if they will appeal against a New York federal judge’s ruling in favour of the companies, but antitrust observers warn that it would be a difficult judgment to overturn.

FTC will move fast on study of big tech deals

FTC will move fast on study of big tech deals

GCR USA - 12 February 2020

The Federal Trade Commission will move fast in its study of small acquisitions made by the five largest US tech companies, which could lead to an enforcement action, chair Joseph Simons has said.

Nigro: Vertical merger guidelines “descriptive, not prescriptive”

Nigro: Vertical merger guidelines “descriptive, not prescriptive”

GCR USA - 11 February 2020

The federal antitrust agencies drafted new vertical merger guidelines to show how they evaluate deals and not to develop new law, a top official at the Department of Justice’s antitrust division has said.