Topic: Federal Trade Commission

Supreme Court questions FTC’s disgorgement authority

A majority of the Supreme Court’s justices appeared sceptical on Wednesday that the Federal Trade Commission has the authority to seek monetary relief for consumers under Section 13(b) of the FTC Act.

14 January 2021

Illumina illegally monopolised DNA sequencing market, rival says

Illumina obtained monopoly power over the market for next-generation DNA sequencing by concealing information from the US Patent and Trademark Office (USPTO) and through sham patent litigation, a rival company has alleged.

12 January 2021

Staples again proposes to acquire Office Depot

Staples has proposed to buy rival Office Depot for $2.1 billion, nearly five years after the Federal Trade Commission won its bid to block the companies’ previous merger agreement.

12 January 2021

Shkreli loses effort to stay FTC case until his release from prison

A federal California judge has rejected a request from former pharmaceutical company executive Martin Shkreli to pause the Federal Trade Commission’s antitrust lawsuit against him until his release from prison.

11 January 2021

ProMedica cannot terminate McLaren St Luke’s contracts, judge rules

A divestiture settlement ProMedica reached with the Federal Trade Commission does not permit the health network to terminate insurance contracts with rival McClaren St Luke’s Hospital, an Ohio federal court has ruled.

06 January 2021

FTC notches up another successful merger challenge

Procter & Gamble and women’s razor startup Billie have abandoned their proposed merger, less than a month after the Federal Trade Commission challenged the deal.

06 January 2021

RentPath/CoStar deal collapses after FTC challenge

Rental listings platform RentPath Holdings has abandoned its proposed sale to CoStar Group after the Federal Trade Commission sued to block the transaction.

04 January 2021

Google lawsuits pile up as 38 state AGs add to DOJ’s claims

A bipartisan group of US states and territories have alleged that Google illegally sought to maintain a monopoly over general search services, expanding upon a similar lawsuit filed by the Department of Justice in October.

18 December 2020

Rental listings platforms rebut FTC merger allegations

CoStar Group and RentPath Holdings have argued that the Federal Trade Commission’s complaint to block their merger has failed to allege any plausible harm to competition or consumers.

17 December 2020

Antitrust progressives to keep close watch on Biden administration

Progressive antitrust advocates feel that the political momentum is on their side as power changes hands in Washington, DC, but they are stressing the importance of keeping the pressure on the Biden administration to be “trustbusters”.

16 December 2020

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