Topic: Federal Trade Commission

DOJ and FTC back SmileDirectClub as Georgia dentistry board challenges ruling

The Department of Justice and Federal Trade Commission have urged the full US Court of Appeals for the Eleventh Circuit to rule that members of the Georgia Board of Dentistry are not entitled to state-action immunity in their defence against SmileDirectClub’s antitrust lawsuit.

26 January 2021

Agencies should consider racial inequities, current and ex-enforcers say

The US antitrust agencies should use their enforcement powers to counter systemic racism in American society, current and past leadership at the Federal Trade Commission and Department of Justice have said.

26 January 2021

Common ownership likely not affecting cereal prices, study says

A theory that firms with common ownership stakes are tacitly colluding on price does not appear to be playing out in the cereal industry, according to a new study.

25 January 2021

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

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