Region: North America

RBG: The Tipline for 21 September 2020

Supreme Court Justice Ruth Bader Ginsburg died on Friday at the age of 87. While not particularly vocal on antitrust, Ginsburg will be remembered for advancing gender equality under the law and also blazing a path for a future generation of lawyers. “I'm sometimes asked, 'When will there be enough [women on the Supreme Court]?' and I say 'When there are nine,’” she once said.

21 September 2020

John Pierpont Morgan: The Tipline for 18 September 2020

Is “there’s no such thing as bad publicity” a phrase people use earnestly or just something a PR representative tells a client when things go haywire? JPMorgan Chase sent some traders home this week after a positive covid-19 test, just days after the bank announced it would be requiring other traders to return to the office on Monday. Collaboration isn’t always such a great thing anyway. Just ask the ex-JPMorgan trader who received an eight-month prison sentence on Thursday for working a little too closely with the competition.

18 September 2020

Rest and relaxation: The Tipline for 17 September 2020

Today is the final day of the International Competition Network’s annual conference, co-hosted this year by the US antitrust agencies. Normally attendees would be expected to rush to airports as soon as the event was over to catch their flights home. But this year all anyone really needs to do is shut down their computers for some well-deserved rest and relaxation. It’s much easier to relax when you’re not stuck in a middle seat on an aeroplane.

17 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

Happy munching: The Tipline for 16 September 2020

Today is both Mexican Independence Day and National Guacamole Day, which we’re guessing is no coincidence. Mexico is the world’s leading avocado producer and exporter, harvesting some 2.2 million tonnes of the fruit in 2018. Given the current pandemic predicament, we can’t be in Philadelphia to cover the Federal Trade Commission’s challenge to Jefferson Health’s acquisition of Albert Einstein Healthcare Network. But at least we can enjoy some chips and guac as we listen to the hearing. We promise to place our phones on mute so you are unable to hear the crunching.

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

Judge dismisses hiQ antitrust claims, but gives time to amend

LinkedIn has successfully moved to dismiss antitrust claims made by data analytics firm hiQ Labs in the long-running scraping litigation between the two parties – but the business networking site must still face claims that it intentionally interfered with contracts hiQ had with clients.

15 September 2020

Insurers raise concerns about Jefferson’s post-merger leverage over rates

Representatives of two health insurance companies testified on Monday before a federal Pennsylvania judge that Jefferson Health’s acquisition of Albert Einstein Healthcare Network would give the combined entity more leverage to increase reimbursement rates.

15 September 2020

EU and US enforcers clash on digital regulation

Margrethe Vestager has defended the EU’s proposed digital platform regulation, as the heads of both US antitrust agencies pushed back against the idea of imposing similar rules on some of the world’s biggest tech platforms.

14 September 2020

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