Region: North America

California judge says it is “too early” to cancel trial in capacitors litigation

A California federal judge presiding over price-fixing litigation against capacitor manufacturers has said he is “not quite ready to pull the plug” on a rescheduled trial because of the coronavirus pandemic.

24 November 2020

Home alone: The Tipline for 20 November 2020

Buying a home comes with several uncertainties. Is it big enough? Does the world’s worst death metal band rehearse next door? Did Macaulay Culkin leave rigged booby traps behind? The Department of Justice cannot help you with those questions, but it did reach a settlement with the largest US real estate trade association on Thursday to make the home-buying process a bit more transparent. Also in Tipline, the head of the Senate antitrust subcommittee seeks to eliminate the Federal Trade Commission’s bureau of competition as FTC commissioner Christine Wilson hints at how Democratic leadership at the agency may look.

20 November 2020

The Long Night: The Tipline for 19 November 2020

Winter is coming so it might be best to stock up resources while you still can. Perhaps some more attorneys and coffee? In Washington, DC, it certainly looks as though antitrust reinforcements are assembling on the other side of the wall. In a report published this morning, a group of competition enforcers from the Obama administration recommended nearly tripling the budgets of the two US antitrust agencies and doubling the enforcement actions they bring. Also in Tipline, an update from GCR Interactive: Women in Antitrust and discovery squabbles in USA v Google.

19 November 2020

Facebook official criticises Democratic legislative proposals

Proposed legislation intended to address perceived competition issues by lowering burdens of proof is unlikely to be positive for antitrust, Facebook’s director and associate general counsel for competition has said.

19 November 2020

Breaking barriers: The Tipline for 18 November 2020

Federal Trade Commission member Rebecca Kelly Slaughter kicked off GCR Interactive: Women in Antitrust yesterday with the tidbit that Senator Kamala Harris completed a summer internship at the FTC while studying at Howard University. “So she has been part of our community of women in antitrust for quite some time,” Slaughter said. Earlier this month, Harris made history as the first female, first black and first Asian-American US vice-president-elect. “We have to take time to celebrate when barriers are broken,” Slaughter said.

18 November 2020

Slaughter: FTC uses "far too many" resources on clearly illegal mergers

Federal Trade Commission member Rebecca Kelly Slaughter has said the agency spends “far too many of our enforcement dollars on mergers that are clearly illegal”, demonstrating that enforcement is failing to deter competitive harm.

18 November 2020

FTC has “most productive merger enforcement year” amid calls for more funding

The Federal Trade Commission’s competition bureau has enjoyed “its most productive merger enforcement year” since the agency raised its transaction notification thresholds 20 years ago, an agency official has said.

18 November 2020

Wachtell and Sullivan & Cromwell steer PNC/BBVA deal

PNC has tapped Wachtell Lipton Rosen & Katz to guide its $11.6 billion acquisition of BBVA’s US business, which has turned to Sullivan & Cromwell for antitrust advice.

17 November 2020

FTC challenges hospital tie-up in Memphis

The Federal Trade Commission has sued to block Methodist Le Bonheur Healthcare, a hospital system based in Memphis, Tennessee, from acquiring two competing hospitals in the area.

16 November 2020

A Q&A with Beau Buffier

Wilson Sonsini Goodrich & Rosati announced on 12 November that Beau Buffier, the former antitrust bureau chief for the New York State attorney general’s office, has joined the firm as a partner in New York. In a Q&A with GCR USA, Buffier discussed revolving doors, the bureau’s coordination with other states during their challenge to the T-Mobile/Sprint deal and why he decided to join his new firm.

16 November 2020

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