Topic: Federal Trade Commission

IMF recommends competition policy changes to address market power concerns

The rise in corporate market power in the US and other international economies could be addressed through pro-competition regulation and adjustments to competition policy, according to a new report by the International Monetary Fund.

16 March 2021

Scott Morton backs Biden administration to tackle exclusionary conduct in drugs markets

Challenging pharmaceutical companies’ exclusionary conduct is a “low-hanging fruit” that could help the Biden administration lower the cost of drugs in the US, a former Department of Justice official has said.

12 March 2021

Facebook moves to have FTC and states’ suits dismissed

Facebook has asked a federal judge in Washington, DC, to dismiss a pair of lawsuits alleging it illegally maintained its monopoly over personal social network services.

11 March 2021

DOJ urges Supreme Court to reject NCAA arguments in student-athlete compensation dispute

Both US antitrust agencies have asked the Supreme Court to affirm a lower court’s ruling that would allow football and basketball players in the National Collegiate Athletic Association to receive more in education-related benefits.

11 March 2021

Biden expected to nominate Khan as FTC commissioner

President Joe Biden will nominate Columbia Law School professor Lina Khan as a member at the Federal Trade Commission, multiple news outlets have reported.

10 March 2021

Daniel Francis: the GCR exit interview

Daniel Francis spent much of his more than three-year tenure at the Federal Trade Commission focused on digital market issues, most recently as deputy director of the Bureau of Competition. In a conversation with GCR USA, he spoke about his agency’s track record tackling nascent competition concerns, the need for more resources and how the high-profile Facebook litigation will help write a new chapter for digital antitrust enforcement.

09 March 2021

Wilson: reformers should recognise decades of narrowing market definitions

Advocates that want lower market share thresholds in merger reviews so it's easier for enforcers to block deals should recognise the US antitrust agencies have been narrowing the markets they define for decades, Federal Trade Commission member Christine Wilson has said.

08 March 2021

First class action filed over Shkreli’s price-hike of Daraprim

Blue Cross and Blue Shield of Minnesota has sued former pharmaceutical company executive Martin Shkreli over his alleged scheme to monopolise the market for antiparasitic drug Daraprim.

05 March 2021

DOJ resolves case against Pennsylvania healthcare providers

The Department of Justice has settled its litigation challenging Geisinger Health’s partial acquisition of Evangelical Community Hospital, allowing Geisinger to maintain its minority investment.

04 March 2021

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