Region: North America

Wilson: It’s too early to say if US antitrust laws cannot police high-tech markets

Federal Trade Commission member Christine Wilson has said it is “premature” to conclude that the antitrust laws are not suited to preserving competition in high-tech markets.

08 December 2020

Cheaper by the dozen: The Tipline for 7 December 2020

As Facebook acquired companies with the ease of a college freshman sending out friend requests, it might have missed an opportunity by not purchasing itself a marquee law firm. Sure, a company can always go the old-fashioned route of picking up one in-house counsel at a time, but think of the potential synergies from bringing on a whole firm. With multiple competition-related probes against the social media company reportedly building momentum, two private plaintiffs hope they landed the first antitrust punch last week in a lawsuit that cited heavily from the House of Representatives antitrust subcommittee’s report.

07 December 2020

Louisiana real estate appraisers board will ask Supreme Court to resolve FTC dispute

Louisiana’s state board of real estate appraisers has said it will ask the Supreme Court to review its dispute with the Federal Trade Commission, which has accused the state regulator of restraining price competition for appraisal services.

07 December 2020

Some competition problems by Fort Lee: The Tipline for 4 December 2020

The Federal Trade Commission sued to block a merger of two hospital systems in northern New Jersey yesterday on the grounds that it would give Hackensack Meridian Health control of half of Bergen County’s six hospitals. Bergen offers some stunning views of the Manhattan skyline, but the defendants might run into issues expanding the commission’s geographic market definition. Gubernatorial aides in the state have a history of shutting down access to the bridge leading to New York as a form of political revenge. Also in Tipline, the Department of Justice intervenes in another dental board lawsuit and a group of peanut farmers receive class certification.

04 December 2020

DOJ calls for Ninth Circuit to vacate ruling in favour of California dental board

The Department of Justice has urged an appellate court to vacate and remand a lower court's ruling saying that SmileDirectClub has not adequately alleged that members of the Dental Board of California illegally conspired to hurt the company’s business.

04 December 2020

EU seeks collaboration with Biden administration on digital markets

The European Commission is calling on President-elect Joe Biden’s incoming administration to revamp transatlantic dialogue to strengthen antitrust enforcement in digital markets.

03 December 2020

Goodwin, Quinn Emanuel and Wachtell advise on Salesforce/Slack deal

Goodwin Procter and Quinn Emanuel Urquhart & Sullivan are advising Slack on antitrust issues related to its $27.7 billion sale to Salesforce.com, while the cloud-based software company has turned to Wachtell Lipton Rosen & Katz for competition counsel.

03 December 2020

Accelerating change: The Tipline for 3 December 2020

During GCR Interactive: Foreign Investment and Protectionism yesterday, US practitioners emphasised that heavier scrutiny of Chinese transactions began during the Obama administration, not the Trump administration. The outgoing president “just really accelerated the change in thinking”, said Arent Fox partner David Hanke. Their comments came as a bipartisan committee on China suggested that the Federal Trade Commission develop a process to measure how foreign government subsidies facilitate proposed mergers. Also in Tipline, FTC commissioner Rohit Chopra wants to use so-called crown jewel provisions in consent decrees and a DC court sends the Department of Justice back a step in its fight against Google.

03 December 2020

Forex claimants secure convicted ex-trader as expert

Courts in London and New York have allowed claimants seeking antitrust damages from banks accused of rigging foreign exchange rates to use former Barclays trader-turned-whistleblower Jason Katz as a consultant.

02 December 2020

Policy is personal: The Tipline for 2 December 2020

It is often said that “personnel is policy”. With a change of administrations in process, the world is closely watching as President-elect Joe Biden selects his policy teams, hoping to catch a hint of what the 46th president has in store. While his choices so far largely resemble a reunion of the Obama administration, it appears that Biden will have some progressive antitrust minds by his side come January. Also in Tipline, GCR USA commemorates Mayer Brown partner Mark Ryan, the first director of litigation at the Department of Justice’s antitrust division.

02 December 2020

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