Keurig Green Mountain is driving up prices and abusing its monopoly power over single-serve brewing devices and cups, according to an antitrust lawsuit filed in the US District Court for the Southern District of New York. Food and beverage distributor McLane claims that because of Keurig’s anticompetitive behavior, it was overcharged on more than US$1.5 […]
Southeast Asian ride-hailing company Grab on Friday, January 11, filed an appeal against a Vietnamese court ruling that ordered it in December 2018 to pay local taxi operator Vinasun 4.8 million dong (roughly US$200k) for causing it an operational loss. The ride-hailing company claimed the Ho Chi Minh City Court had no jurisdiction over the […]
HSBC has agreed to pay US$30 million to settle litigation by investors who accused 11 big banks of rigging the roughly US$9 trillion government agency bond market from 2009 to 2015. The settlement with the British bank was made public late Wednesday night, January 9, in the federal court in Manhattan, and requires approval by […]
The lawsuit initiated in the US District Court on December 21, 2018 names as defendants Devin Reiss, current President of the NREC; Lee K. Barrett, Vice President of the NREC; Wayne Capurro, Secretary of the NREC; Neil Schwartz, Commissioner of the NREC; Norma Jean Opatik, former Commissioner of the NREC; Richard Johnson, former President of […]
According to a new antitrust lawsuit, pizza chain Papa John’s suppresses pay and limits employment opportunities by barring franchisees from recruiting each other’s employees. The company’s standard franchise agreement included no-poach language in which franchisees agreed not to “solicit, entice or induce” employees of Papa John’s, its affiliates, or its franchises to leave their positions, […]
Travel technology company Amadeus settled a lawsuit led by seven US flyers purportedly on behalf of the American ticket-buying public by agreeing to pay US$3 million in fees to plaintiff’s attorneys in return for no longer having to defend itself against the charges, stated a filing in New York federal court. The suit alleged that […]
Aetna and Horizon Blue Cross Blue Shield of New Jersey must comply with subpoenas seeking their employees’ testimony for a lawsuit accusing Mylan NV of engaging in a scheme to squelch competition for its EpiPen allergy treatment, a federal magistrate judge has ruled. US Magistrate Judge Teresa James in Kansas City, Kansas, on Monday, November […]
Metaswitch Networks has filed a federal antitrust lawsuit against Ribbon Communications, alleging it is “systematically eliminating” competition to raise prices for network operators. The suit was filed in the US District Court for the Southern District of New York. Metaswitch claims it is Ribbon’s only significant remaining competitor in the United States and Canada that […]
Atrium Health has agreed to end what the federal government claimed are anticompetitive steering restrictions in contracts between commercial health insurers and its providers in the Charlotte, North Carolina service area, the Department of Justice (DOJ) announced. If the settlement is approved by a federal judge, it will end two years of civil antitrust litigation […]
Apple on Monday, October 29, again urged the US Supreme Court to undo a 9th Circuit decision reviving an antitrust suit from app buyers accusing the tech giant of illegally monopolizing the iPhone, reported Law360. “A group of iPhone users had sued, saying the tech giant’s practice is anticompetitive,” Apple World reported. “Apple argued that […]