USA News

Congress should return to active role in antitrust, Cicilline says

Congress should return to active role in antitrust, Cicilline says

GCR USA - 24 June 2019

Congress should play an active role in antitrust enforcement and competition policy, the chairman of the House of Representatives’ antitrust subcommittee said on Thursday.

DOJ challenges printing deal

DOJ challenges printing deal

GCR USA - 21 June 2019

The Department of Justice has sued to block the merger of two printing companies, alleging the deal would hurt competition in the markets for magazine, catalogue, and textbook printing.

Tribunal will better rein in tech platforms, says Singer

Tribunal will better rein in tech platforms, says Singer

GCR USA - 21 June 2019

A US economist has proposed that Congress should empower a judge to adjudicate discrimination complaints against technology platforms, but some experts say it runs counter to the purpose of antitrust.

Enforcers are too cautious, Slaughter says

Enforcers are too cautious, Slaughter says

GCR USA - 20 June 2019

Antitrust enforcers should bring cases they see as valid even if – indeed, because – winning in court will be difficult, Federal Trade Commission member Rebecca Slaughter has said.

Vertical effects split FTC again

Vertical effects split FTC again

GCR USA - 20 June 2019

The Federal Trade Commission continues to show divided views on vertical mergers, as the commissioners split along party lines over the alleged anticompetitive effect of a health insurer acquiring a medical group.

Salop pushes for vertical merger presumptions

Salop pushes for vertical merger presumptions

GCR USA - 20 June 2019

The US antitrust agencies should consider adopting merger guidelines that presume certain vertical deals to be anticompetitive unless the merging companies can rebut the claims, a former Federal Trade Commission economist has argued.

DOJ settles with bigger broadcasters in ad probe

DOJ settles with bigger broadcasters in ad probe

GCR USA - 19 June 2019

The Department of Justice’s antitrust division has settled with five more broadcast television companies – CBS, Cox, Scripps, Fox and TEGNA – in its ongoing investigation into the sharing of information related to advertisement pricing.

Simons questions antitrust immunity for healthcare providers

Simons questions antitrust immunity for healthcare providers

GCR USA - 19 June 2019

The Federal Trade Commission doubts that certificates of public advantage protect consumers from competitive harm but it wants to learn more, chairman Joseph Simons has said.

Wachtell and Skadden lead Pfizer/Array deal

Wachtell and Skadden lead Pfizer/Array deal

GCR USA - 18 June 2019

Pfizer has announced that it will purchase Colorado-based Array Pharmaceuticals in an $11 billion acquisition that adds to Pfizer’s cancer treatment portfolio.

Chinese bank admits to bid-rigging in ADRs

Chinese bank admits to bid-rigging in ADRs

GCR USA - 17 June 2019

A Chinese-owned bank has pleaded guilty to bid-rigging as part of an ongoing federal crackdown on mishandling of financial instruments used to purchase foreign companies’ stocks.