US: The American Medical Association wants FTC and DOJ to monitor price-fixing of insulin

US: The American Medical Association wants FTC and DOJ to monitor price-fixing of insulin

With insulin prices spiking, the American Medical Association (AMA) urged the Federal Trade Commission and the Justice Department to monitor insulin pricing and market competition and take enforcement actions as appropriate. The health care system is feeling the reverberations of the ongoing price increases and delegates at the AMA Annual Meeting supported a call to […]

US: American agrees to US$45m settlement for collusion

US: American agrees to US$45m settlement for collusion

  American Airlines has agreed to pay US$45 million to settle a three-year-old lawsuit accusing four domestic carriers of collusion and antitrust practices, reported Bloomberg. The suit claims American, Delta, Southwest and United illegally signaled to one other information about managing capacity in order to keep airfares elevated, despite stagnant demand and decreasing fuel costs. […]

US: SCOTUS overturns 2nd Circuit decision in Vitamin C case

US: SCOTUS overturns 2nd Circuit decision in Vitamin C case

The Supreme Court ruled unanimously on Thursday, June 14, to return to the 2nd Circuit Court of Appeals a case brought in 2005 by Texas-based Animal Science Products Inc and New Jersey-based The Ranis Co Inc who accused Hebei Welcome Pharmaceutical and North China Pharmaceutical Group and other Chinese vitamin C makers of antitrust violations. […]

US: DOJ SocGen brass Ordered Libor rigging

US: DOJ SocGen brass Ordered Libor rigging

According to the Financial Times top executives at Société Générale ordered the bank’s manipulation of the US-dollar Libor interest rate sin 2015. Michel Péretié, the former head of corporate and investment banking, and Didier Valet, who recently resigned as deputy chief executive, allegedly directed the rate-rigging scheme, according to a Department of Justice letter to […]

US: DOJ probes T-Mobile-Sprint merger effects on VNOs

US: DOJ probes T-Mobile-Sprint merger effects on VNOs

According to a report from Reuters on Thursday, June 7, the US Department of Justice (DOJ) is examining how the proposed merger between T-Mobile US and Sprint Corp could affect prices for smaller wireless operators or virtual network operators (VNOs). This report is according to two people familiar with the matter. The DOJ, which is […]

US: Boost Mobile sets up legal task force to work with DOJ, FCC and Legislators

US: Boost Mobile sets up legal task force to work with DOJ, FCC and Legislators

Peter Adderton, founder and former CEO of Boost Mobile USA, announced he has retained the services of Manatt, Phelps & Phillips, LLP (Manatt) to represent his concerns regarding the proposed merger of Sprint and T-Mobile. Jack Quinn will lead the Manatt team. Quinn is a partner in both the government and litigation practices and serves […]

US: Justice Department sets goal for Global Antitrust Framework

US: Justice Department sets goal for Global Antitrust Framework

The US Justice Department (DOJ) and its international counterparts are close to unveiling a new framework of procedures for antitrust investigation and enforcement, in a move to encourage better corporate compliance through stronger procedural fairness, DOJ antitrust chief Makan Delrahim said June 1. “Our shared vision is a multilateral framework that is open to all […]

GAI Response to the United States Department of Justice(“DOJ”) Antitrust Division’s Public Roundtable on Anticompetitive Regulations

This comment is submitted in response to the United States Department of Justice(“DOJ”) Antitrust Division’s Public Roundtable on Anticompetitive Regulations as a part of its Discussion Series on Competition and Deregulation. We submit this comment based upon our extensive experience and expertise in antitrust law and economics. As an organization committed to promoting sound economic […]

US: Delrahim uncertain of need for four wireless carriers

US: Delrahim uncertain of need for four wireless carriers

  The head of the US Justice Department’s (DOJ) antitrust division, Makan Delrahim, declined on Friday, June 1, to support the Obama administration’s firm backing of the need for four US wireless carriers, reported Bloomberg. The law and market economics will be the crucial factors, Delrahim said Friday, answering whether the US would now allow […]

US: Farmers against merger of Monsanto with Bayer

US: Farmers against merger of Monsanto with Bayer

Not everyone was pleased with the US Department of Justice (DOJ) approval of German drug and chemical giant Bayer’s acquisition of Monsanto this week. After Bayer agreed to sell US$9 billion worth of canola, soybean, and vegetable seed businesses, as well as its Liberty herbicide business to BASF, the DOJ gave the thumbs up to […]

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