US: 44 AGs file antitrust suit against drug manufacturers

US: 44 AGs file antitrust suit against drug manufacturers

Attorneys general from West Virginia, Ohio, and 42 other states have filed an antitrust lawsuit against 20 of the nation’s largest generic drug manufacturers. The lawsuit, filed in US District Court in Connecticut, accuses the drugmakers of a conspiracy to “artificially inflate and manipulate prices, reduce competition and unreasonably restrain trade” for more than 100 […]

US: Barbri escapes antitrust suit over Bar exam prep

US: Barbri escapes antitrust suit over Bar exam prep

The US Court of Appeals for the Second Circuit on Thursday affirmed dismissal of LLM Bar Exam’s $50 million antitrust suit, which claimed Barbri colluded with law schools to keep the plaintiff off campuses, dominate the LL.M. bar prep market and eventually drive it out of business. The appellate court found in a seven-page opinion […]

UK: Appeals court puts Mastercard in huge class-action

UK: Appeals court puts Mastercard in huge class-action

Mastercard faces the possibility of a £14 billion (US$18.2 billion) lawsuit after the Court of Appeal in London made a surprise ruling. And nearly every British adult could get a payout of up to £300 (US$391), reported BBC. That court stated that the Competition Appeal Tribunal (CAT) must reconsider the class action against the payments […]

US: Antitrust suit against Sutter Health to proceed

US: Antitrust suit against Sutter Health to proceed

Sutter Health failed in its attempt to persuade a San Francisco Superior Court judge to dismiss key claims in the antitrust lawsuit that California Attorney General Xavier Becerra filed about a year ago. “Yesterday’s court ruling is a giant step in the right direction,” Becerra said. “Hospitals that participate in anti-competitive practices to the detriment of their […]

US: Nine banks win dismissal of Canadian rate-rigging suit

US: Nine banks win dismissal of Canadian rate-rigging suit

A federal judge in Manhattan dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits from derivatives trading, reported Reuters. US District Judge Analisa Torres rejected racketeering and antitrust claims by the lead plaintiff, the Fire & Police Pension Association […]

US: Visa, Mastercard consider increasing fees for processing transactions

US: Visa, Mastercard consider increasing fees for processing transactions

Visa and Mastercard are preparing to raise certain fees levied on US merchants for processing transactions from this April, the Wall Street Journal reported on Friday, February 15. The increase will affect the interchange fees as well as the fees that card networks charge financial institutions for processing card payments, the report said.  A Visa […]

US: House Panel Passes Bill Targeting OPEC

US: House Panel Passes Bill Targeting OPEC

A US House of Representatives committee approved a bill on Thursday that would open up the Organization of the Petroleum Exporting Countries to antitrust lawsuits, but it was uncertain if the measure would be considered by the full chamber, reported Reuters. The House Judiciary Committee passed the bipartisan bill, known as the No Oil Producing […]

US: Restaurant files chicken price fixing lawsuit

US: Restaurant files chicken price fixing lawsuit

Darden Restaurants, parent company of Olive Garden, Cheddar’s Scratch Kitchen, Longhorn Steakhouse, and more, has filed an antitrust suit in the US District Court for the Northern District of Illinois alleging multiple poultry companies engaged in price fixing, according to court records. The latest complaint was filed on January 25, 2019, against 34 different defendants […]

US: AMC antitrust suit can move forward

US: AMC antitrust suit can move forward

An antitrust lawsuit against the movie theater chain AMC Entertainment  will be allowed to move forward, the US District Court of the District of Kansas ruled December 27. AMC uses its dominant market position to force movie distributors to give it exclusive licenses to play movies, thereby stifling competition, rival Cinetopia claims. The lawsuit, filed in […]

US: Judge rules J&J must face antitrust suits

US: Judge rules J&J must face antitrust suits

US District Judge Curtis Joyner has rejected Johnson & Johnson’s (J&J) bid to dismiss class action lawsuits by retailers and insurers claiming the drugmaker conducted an anticompetitive scheme to shield its blockbuster rheumatoid arthritis drug Remicade from competition. The judge ruled the lawsuits sufficiently alleged J&J entered into contracts with insurers that required them to […]

1 2 3 10