The Antitrust Division of the U.S. Department of Justice and the U.S. Federal Trade Commission issued new merger guidelines today. 

If we can take the things that antitrust enforcers have said about the guidelines and enforcement generally in the last year or so as any guide, the update will make passing pre-merger muster harder to achieve.

The Federal Trade Commission's Bureau of Competition enforces U.S. pro-competition laws in tandem — and at times in competition with — the Antitrust Division of the Department of Justice.  Like its DOJ cousin, the Bureau seeks to curb anticompetitive conduct, such as price-fixing and rivalry-reducing mergers.  And, more so than in the recent past, it has taken action to

Blawgletter got back this morning (around 3:00 a.m.) from our first-ever trip to Boise.  We saw a Great Many lawyers.

We and they had come to watch, and some of us to present, argument about what the Judicial Panel on Multidistrict Litigation should do with big cases. 

In re Oil Spill by the Oil Rig "Deepwater Horizon" in the

The Supreme Court of California ruled last week that the Golden State's antitrust statute, the Cartwright Act, allows an award of overcharge damages to people who don't buy directly from a price-fixer.  Clayworth v. Pfizer, Inc., No. S166435 (Cal. July 12, 2010).

The case involved pharmacies that alleged price-fixing by drug manufacturers.  The

DeBeers, the diamond behemoth, limited supply of and fixed prices on sparklies for years and years and in all 50 states plus the District of Columbia.  But it sold to only a small group of outfits, none of which dared sue the font of their mercantile wealth.

That didn't stop indirect purchasers from bringing cases