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Songkick lawsuit ends as Ticketmaster buys assets

GCR USA - 17 January 2018

Ticketmaster has found an unconventional way to settle antitrust litigation brought by former concert ticket rival Songkick – by buying the now-defunct company’s remaining ticketing assets.

Banks accused of rigging Canadian benchmark

Banks accused of rigging Canadian benchmark

GCR USA - 17 January 2018

A Colorado pension fund has sued nine banks for allegedly manipulating a Canadian financial benchmark rate to drive up the profits of their derivatives trading business.

Sold out: The Tipline for 17 January 2018

GCR USA - 17 January 2018

Songkick announced a few months ago that it would be shuttering its doors in part because of its ongoing battle with its one-time rival, Ticketmaster; however, what wasn’t known at the time was that Ticketmaster and its parent company would be buying the bones of the concert ticketing business for a cool $110 million. We have that story, along with a Colorado pension fund’s attempts at getting square with nine banks accused of manipulating financial benchmark rates, and so much more below.

DG Comp raids paper market intelligence provider

DG Comp raids paper market intelligence provider

17 January 2018

The European Commission has raided the Brussels office of a market intelligence company -- the third inspection in the enforcer's ongoing probe of the kraft paper and industrial paper sacks sector.

BritNed lays down marker on confidentiality before power cables hearing

BritNed lays down marker on confidentiality before power cables hearing

16 January 2018

Counsel to damages claimant BritNed has warned that defendants should not use English courts to “seek refuge from... their own shenanigans”, after clashing on confidentiality with high-voltage power cable manufacturer ABB in a pre-trial review.

Novartis case sets “precedent”, says FAS

Novartis case sets “precedent”, says FAS

16 January 2018

Russia’s Federal Antimonopoly Service has accused Novartis of abusing its dominant position after the Swiss drugmaker hiked the price of a cancer drug by 35%.

David Vaughan QC, 1938-2018

David Vaughan QC, 1938-2018

16 January 2018

The antitrust community is mourning the loss of pioneering barrister David Vaughan QC, who passed away yesterday.

An interview with Mei-Ying Huang

An interview with Mei-Ying Huang

16 January 2018

Mei-Ying Huang, the chairwoman of Taiwan’s Fair Trade Commission, sat down with Tom Webb to discuss the agency’s priorities, relationships with other Asian competition enforcers, and response to the growth of the digital economy.

Judge stays discovery in dealer data case

Judge stays discovery in dealer data case

GCR USA - 16 January 2018

A federal judge has granted CDK Global’s and Reynolds and Reynolds’ request to delay discovery in their antitrust battle to block Authenticom from accessing car dealerships' data management systems.

Supreme Court sides with DOJ against Chinese company

Supreme Court sides with DOJ against Chinese company

GCR USA - 16 January 2018

The Supreme Court has agreed with the Department of Justice that the court should address whether US courts should assume that a foreign government’s characterisation of its laws is correct.