US: Companies lobby for FTC choice that can take-on tech giants

US: Companies lobby for FTC choice that can take-on tech giants

Companies with past issues with Google believe President Trump should nominate Utah Attorney General Sean Reyes to be the next chairman of the Federal Trade Commission. The Wall Street Journal reported that a number of companies and interest groups have waged behind-the-scenes lobbying campaigns over who will chair the Federal Trade Commission Reyes, a rising […]

US: Levine Lee adds renowned litigator as partner

US: Levine Lee adds renowned litigator as partner

Levine Lee announced today that Teena-Ann V. Sankoorikal has joined the firm as a partner. She previously was a partner at Cravath, Swaine & Moore in its litigation department. Ms. Sankoorikal has represented some of the biggest technology and media companies, including IBM, Warner Brothers Records, Qualcomm and Alarm.com, in a wide range of intellectual […]

US: Retailers ask SC not to revive credit card fee $7.25 billion settlement

US: Retailers ask SC not to revive credit card fee  $7.25 billion settlement

The National Retail Federation and the Retail Industry Leaders Association Wednesday asked the US Supreme Court to let stand an appeals court ruling that struck down a controversial 2012 settlement of a class action lawsuit over Visa and MasterCard’s credit card swipe fees. “This alleged ‘settlement’ was a backroom deal that would have done nothing […]

Australia: Watchdog will help oversight Airbnb

Australia: Watchdog will help oversight Airbnb

Australia’s competition watchdog will work directly with Airbnb, Stayz and other shared accommodation providers to stop the dramatic rise in users being scammed on the site. The Australian Consumer & Competition Commission has flagged a more direct approach to dealing with shared accommodation providers to make warnings of potential scams clearer and strengthen consumer protect­ions. […]

US: Fed lawsuit accuses 3 insulin manufacturers of conspiring to raise their prices 120%

US: Fed lawsuit accuses 3 insulin manufacturers of conspiring to raise their prices 120%

A federal lawsuit is accusing three of the biggest drug manufacturers of insulin of conspiring together to raise their prices, but the pharmaceutical companies deny the allegations. The lawsuit, filed on in January in a federal court in Massachusetts, said Sanofi SA, Novo Nordisk and Eli Lilly & Co simultaneously hiked the price of the […]

Canada/UK: UK and Ontario regulators form fintech pact

Canada/UK: UK and Ontario regulators form fintech pact

The Financial Conduct Authority has entered into a co-operation agreement with Candian regulator Ontario Securities Commission in an effort to boost innovation. The two bodies have committed to sharing information on emerging trends and regulatory issues relating to innovation in financial services. The agreement follows the creation of the FCA’s Innovation Hub in 2014. “The […]

South Africa: Barclays Africa CEO “deeply regrets” role in FX rigging

South Africa: Barclays Africa CEO “deeply regrets” role in FX rigging

South African lender Barclays Africa asked for forgiveness on Thursday for its role in rigging the local currency, a scandal that has raised questions over the dominance of four big local banks. “We deeply regret that this conduct took place within our organisation,” Chief Executive Maria Ramos said. “Those who are found to have contravened […]

Margin Squeeze – Where Competition Law and Sector Regulation Compete

Posted by Social Science Research Network Margin Squeeze – Where Competition Law and Sector Regulation Compete By Friso Bostoen (KU Leuven) Abstract:     This paper discusses abusive pricing practices by dominant undertakings. It starts with an overview of the different ways an undertaking can abuse its dominant position through pricing (chapter 2). The focus of […]

1 2 3 101