Topic: Federal Trade Commission

Judge: Shkreli’s use of contraband phone harmed the FTC

Former Vyera Pharmaceuticals executive Martin Shkreli impeded the Federal Trade Commission's lawsuit against him by using a secret cell phone to conduct company business from prison, knowing that those communications would not be appropriately preserved, a New York federal judge has ruled.

03 June 2021

Altria and FTC square off over company’s exit from e-cigarette market

Altria and the Federal Trade Commission have presented diverging explanations as to why the company took its e-vapour cigarette products off the market – a core issue in the agency’s suit to unwind Altria’s $12.8 billion investment in rival Juul Labs.

03 June 2021

FTC judge seeks to mitigate concerns about fairness of Altria/Juul trial

The Federal Trade Commission’s chief administrative law judge has said he will ensure that the trial starting today in the agency’s dispute with Altria and Juul Labs is a “fair proceeding”, after counsel to the companies raised concerns about surprise documents and expert testimony.

02 June 2021

Congress pushed to bolster FTC and DOJ antitrust budgets

The White House has asked Congress to increase the respective budgets of the Federal Trade Commission’s competition bureau and Department of Justice’s antitrust division by about 17% and 6% for the next fiscal year.

01 June 2021

FTC granted dismissal of its Illumina/Grail challenge

A California federal court has accepted the Federal Trade Commission’s request to dismiss its own lawsuit seeking to block Illumina’s purchase of Grail but preserved the chance for the agency to file another challenge at a later date.

01 June 2021

A Q&A with Herbert Hovenkamp

University of Pennsylvania Law School professor Herbert Hovenkamp has published a new article looking to expel the notion once and for all that false positives are more costly than false negatives. In a conversation with GCR USA, the most cited antitrust scholar in the country said the US would benefit from a more “pro-enforcement” merger policy, endorsing legislation from Senator Amy Klobuchar.

28 May 2021

Former FTC commissioner Thomas Leary remembered

The antitrust community is mourning the loss of Thomas Leary, a celebrated former member of the Federal Trade Commission, who died on 21 May at the age of 89.

27 May 2021

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