Topic: Federal Trade Commission

Antitrust law reform receives support from some Republicans

Two Republicans on the House of Representatives’ antitrust subcommittee have backed potential changes to strengthen US competition laws.

02 October 2020

FTC’s disgorgement authority takes another hit with Third Circuit reversal

The Federal Trade Commission Act does not empower district courts to order disgorgement of ill-gotten gains, the US Court of Appeals for the Third Circuit has ruled in a decision to reverse a $448 million penalty against AbbVie and Besins Healthcare.

01 October 2020

Traditional hospital definition ‘rapidly changing’, Jefferson chief executive says

Jefferson Health’s chief executive Stephen Klasko on Tuesday denounced the Federal Trade Commission’s “eagerness” to block his company’s acquisition of Albert Einstein Healthcare Network, arguing that the traditional definition of a hospital is “rapidly changing”.

30 September 2020

US FTC wins injunction against coal deal

A Missouri federal court has granted the US Federal Trade Commission’s request to block a proposed joint venture between Peabody Energy and Arch Coal following a trial challenging the deal earlier this summer.

29 September 2020

FTC: Ninth Circuit’s Qualcomm mistakes threaten antitrust law

The Federal Trade Commission has asked that the full US Court of Appeals for the Ninth Circuit rehear its monopolisation case against Qualcomm, arguing that a three-judge panel on the court failed to grasp basic principles of antitrust law in its August ruling.

28 September 2020

Conner: Section 2 gives FTC better chance to block anticompetitive mergers

Relying on the Sherman Act’s anti-monopolisation rules as well as the traditional merger control laws can give the Federal Trade Commission a better chance to stop potentially anticompetitive deals, the director of the agency’s competition bureau has said.

23 September 2020

FTC and DOJ seek more information on ownership stakes in merger filings

The US antitrust agencies are seeking to change rules for self-reporting mergers to require parties to disclose more information about their affiliated entities and exempt more transactions from antitrust review.

22 September 2020

Einstein “trending toward insolvency”, chief executive says

The chief executive of Albert Einstein Healthcare Network on Wednesday testified that the company is in a “precarious” financial position and is “clearly trending toward insolvency”.

17 September 2020

Mundt: fines against large digital companies are ineffective

Fines do not work as an effective remedy to unilateral conduct in the digital economy, the president of Germany’s Federal Cartel Office has said.

16 September 2020

FTC witnesses defend product market in healthcare merger challenge

Witnesses called by the Federal Trade Commission on Tuesday substantiated the agency’s market definition in its challenge to Jefferson Health’s acquisition of Albert Einstein Healthcare Network.

16 September 2020

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