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Feds Jump Into Algorithmic Pricing Suit, Say Collusion Can Occur Without Humans Uttering a Word
The Department of Justice and Federal Trade Commission are worried that the growing use of algorithms is making price fixing increasingly difficult to detect—and that the use of AI to create ever-more-sophisticated algorithms will exacerbate that challenge.Federal Judge Throws Out FTC's Suit Against Former Discount Club Marketers
"It is extremely rare for defendants to take an enforcement action to trial against the FTC and even more rare for defendants to emerge victorious. The ruling by the court is a momentous occasion for our clients and marks the end of a very long, difficult an unnecessary saga in our clients' lives," said Wilson and Cleveland's attorney, Michael Mallow, a partner at Shook, Hardy & Bacon.Diversity of Practices Helped Foley Grow Revenue by 8.1%, Profits Per Equity Partner by 11.5%
The firm posted higher revenue and profits, even as its lawyer head count was steady in 2023.TV Legal Ads Proving Useful Radar for Next Big Mass Tort Categories
Tracking television legal ads that solicit plaintiffs for mass torts can give general counsel early warning of new trends and gauge the plaintiffs' bar's appetite in product litigation categories.View more book results for the query "FTC"
FTC Must Take 'Vigilant' Approach Toward AI in Contrast to Earlier Technologies, Khan Says
"Across the board, there is a realization that we can't allow that same trajectory to evolve this time around," said FTC Chair Lina Khan.FTC Must Take 'Vigilant' Approach Toward AI in Contrast to Earlier Technologies, Khan Says
"Across the board, there is a realization that we can't allow that same trajectory to evolve this time around," said FTC Chair Lina Khan.President Biden's New Strike Force on Unfair and Illegal Pricing
The strike force's launch is to continue the efforts of the president's Competition Council, which was established "to work across agencies to provide a coordinated response to overconcentration, monopolization, and unfair competition in or directly affecting the American economy."Rise of the Influencers Puts In-House Legal in the Hot Seat
"Coming from an in-house perspective, the last thing you want is a letter on your desk from the government that is entitled 'Notice of Proposed Penalty Offense,'" said Sarah La Voi, a partner at Baker & Hostetler.Kirkland & Ellis to Represent Apple in Landmark Antitrust Lawsuit
The Kirkland team includes star litigators as well as a partner who spent 13 years at the Federal Trade Commission.Download Now
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