Law, Strategy, and Risk in Commercial Disputes
The attorneys-general of eight states plus the Antitrust Division of the U.S. Department of Justice have settled antitrust claims against Visa and MasterCard over their restrictions on merchants' freedom to steer customers away from cards that carry high acceptance charges.
They also sued American Express after it declined to settle.
The pact with Visa and MasterCard…
Six of the world's biggest air cargo freight-forwarders have signed up to plead guilty to participating in international price-fixing conspiracies and to pay fines totaling just north of $50 million, the Antitrust Division of the U.S. Department of Justice disclosed today.
Freight forwarders serve as the middle persons between outfits that have cargo to ship and carriers that can…
China Airlines, Ltd., a Taiwan carrier, has agreed with the Antitrust Division of the U.S. Department of Justice to plead guilty to price-fixing charges for air cargo services to and from the United States and to pay a $40 million fine, the DOJ announced on Monday.
The deal will bring the total fines the DOJ…
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…
If you, like Blawgletter, wondered when U.S. antitrust watchdogs would announce new standards for judging whether M&A deals have hurt or would injure competition, wonder no more.
On April 20, the Antitrust Division of the Department of Justice and the Federal Trade Commission put out for public comment a new set of "Horizontal Merger Guidelines…