Organisation: US DoJ Antitrust Division

DOJ cannot reopen NAR probe, judge says

The Department of Justice cannot reopen an investigation into claims that the largest US trade association for real estate brokers unlawfully restrained competition by encouraging its members to hide commission rates, a federal court has held.

26 January 2023

Tim Wu: the exit interview

Tim Wu stepped down as President Biden’s primary antitrust advisor earlier this month after two years in the role. The Columbia Law School professor spoke to GCR USA about the “plague” of non-competes, why technology-focused antitrust legislation failed to reach the finish line during his tenure and how the White House took on a bigger role in competition policy while maintaining the independence of the US antitrust agencies.

24 January 2023

Aerospace engineer no-poach case agreement is horizontal collusion, court says

A Connecticut federal judge has rejected motions to dismiss allegations that Raytheon Technologies and Pratt & Whitney secretly agreed to restrict competition for the recruitment of aerospace engineers through a no-poach pact.

24 January 2023

DOJ prosecutions on the rise, but fines plummet

Criminal antitrust prosecutions are near an all-time high at the Department of Justice, but the Antitrust Division secured just $1.4 million in fines last year.

23 January 2023

Antitrust Division official highlights increased inter-agency collaboration

The Department of Justice is working with other federal agencies on ongoing merger reviews as a result of President Joe Biden’s 2021 executive order ordering a whole-of-government approach to competition policy, a senior counsel at the Antitrust Division has said.

19 January 2023

Paul Weiss snags Forrest from Cravath

Former federal judge and Department of Justice official Katherine Forrest has joined Paul Weiss Rifkind Wharton & Garrison’s antitrust team in New York.

18 January 2023

Kathleen Foote: the exit interview

Kathleen Foote recently stepped down after two decades as California’s top antitrust enforcer. In a conversation with GCR USA, she discussed highlights of her 35-plus years of service for the Golden State – in which she helped cement the independence of state attorneys general and develop the Cartwright Act – and busted some misconceptions about state enforcement.

12 January 2023

Merger filings down 40% in 2022, analysis finds

The US antitrust agencies received 40% fewer merger fillings last year in comparison to record-breaking figures from 2021, according to an analysis by White & Case.

04 January 2023

Senate omnibus spending package includes extra funding for agencies

The US Senate has advanced a spending bill that would increase merger filing fees, prevent the transferring of lawsuits brought by state attorneys general and increase funding for the US antitrust agencies.

21 December 2022

Nevo welcomed as FTC chief economist

Aviv Nevo’s appointment as head of the Federal Trade Commission’s economics department could help the agency adjust its precarious record in litigating mergers, although a lack of new legislation could hamper his effectiveness, antitrust experts have said.

19 December 2022

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