The Supreme Court has agreed to hear two cases on whether the Federal Trade Commission can seek monetary relief for violations of the FTC Act.
Those hoping to spend their Monday listening to the Federal Trade Commission’s quest to block a joint venture between Peabody Energy and Arch Coal found themselves heartbroken. A 10-day preliminary injunction hearing was scheduled to start yesterday, but the federal courthouse in St Louis, Missouri, was closed after a security officer tested positive for covid-19. The litigating parties are set to resume in-person today while GCR USA tunes in live from its home office.
Columbia university law professor Tim Wu has said clearer guidance on impermissible market shares could improve antitrust enforcement.
California is the nation’s most populous state and home to some of its largest companies – and now also reportedly one of the many states investigating Google for potential antitrust violations. It is going its own way, however, probing separately from the 48-state group led by Texas that launched its investigation last year. That leaves Alabama as the only state not investigating the tech company. In today’s Tipline we have updates on the Texas-led investigation, plus Tim Wu’s views on using antitrust law to counter market concentration, and much of Oklahoma’s new pharmacy benefit manager rules surviving a preliminary injunction request.
How does a federal enforcer protect competition in a federally illegal market? As cannabis transitions from an unlawful substance to a prescribed medical treatment and recreational drug now legal in several states, Spencer Parts examines how the Department of Justice’s antitrust division has been policing the fledgling industry.
In preparing a bipartisan report on the state of competition in digital markets, the House of Representatives antitrust subcommittee has sought a diverse range of expertise.
The Federal Trade Commission rarely loses its bids for preliminary injunctions to prevent deals from being consummated.
While the recent heatwave may have you inside by the air-conditioning all day, we have collected the hottest docs in antitrust to keep you entertained.
Data courtesy of FTC.gov