Region: North America

Canadian government set to review competition rules

Canada’s government has agreed to review the country’s competition regime with an eye to legislative amendments, after politicians across parties argued that Canada’s Competition Bureau does not have the tools it needs to tackle labour market concerns.

16 March 2021

IMF recommends competition policy changes to address market power concerns

The rise in corporate market power in the US and other international economies could be addressed through pro-competition regulation and adjustments to competition policy, according to a new report by the International Monetary Fund.

16 March 2021

Antitrust bill will protect conservative news sites, Cicilline says

Representative David Cicilline has said he would be willing to make amendments to clarify that legislation aimed at balancing the power between news organisations and big technology companies would apply to conservative news sites such as Breitbart.

15 March 2021

Scott Morton backs Biden administration to tackle exclusionary conduct in drugs markets

Challenging pharmaceutical companies’ exclusionary conduct is a “low-hanging fruit” that could help the Biden administration lower the cost of drugs in the US, a former Department of Justice official has said.

12 March 2021

Cravath, Herbert Smith Freehills and Clifford Chance steer AerCap/GE deal

Dublin-based aircraft leasing company AerCap has tapped Cravath Swaine & Moore and Herbert Smith Freehills to guide its $30 billion acquisition of General Electric’s Capital Aviation Services, which has called on Clifford Chance for antitrust advice.

11 March 2021

DOJ urges Supreme Court to reject NCAA arguments in student-athlete compensation dispute

Both US antitrust agencies have asked the Supreme Court to affirm a lower court’s ruling that would allow football and basketball players in the National Collegiate Athletic Association to receive more in education-related benefits.

11 March 2021

Zillow and National Association of Realtors accused of squashing competition

A Texan real estate startup has sued Zillow and the most prominent US real estate trade association for allegedly stifling competition among brokers.

10 March 2021

Daniel Francis: the GCR exit interview

Daniel Francis spent much of his more than three-year tenure at the Federal Trade Commission focused on digital market issues, most recently as deputy director of the Bureau of Competition. In a conversation with GCR USA, he spoke about his agency’s track record tackling nascent competition concerns, the need for more resources and how the high-profile Facebook litigation will help write a new chapter for digital antitrust enforcement.

09 March 2021

Construction company owners plead guilty in DOJ procurement collusion probe

Two Texas construction company owners have pleaded guilty to conspiring to defraud the US government, the Department of Justice’s antitrust division has announced.

08 March 2021

First class action filed over Shkreli’s price-hike of Daraprim

Blue Cross and Blue Shield of Minnesota has sued former pharmaceutical company executive Martin Shkreli over his alleged scheme to monopolise the market for antiparasitic drug Daraprim.

05 March 2021

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