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National Law Journal

Express Scripts' Defamation Case Against FTC Will Fall Short, Law Professor Says

"It's not uncommon that a defamation suit is brought, not necessarily because the plaintiff expects to take it to trial, but instead, because they want to make a public announcement that what was said about them is wrong," said Lyrissa Lidsky, a University of Florida law professor.
3 minute read

Corporate Counsel

DOJ Files Antitrust Suit Against Visa Alleging It Thwarts Payment-Processing Rivals

Visa handles more than 60% of debit card transactions in the U.S., and collects more than $7 billion in annual processing fees, a lucrative business the company protects through illegal, anticompetitive practices, the Department of Justice alleges.
3 minute read

The Recorder

Pac-12, Represented by Keker, Sues Mountain West Conference Over 'Unlawful' Poaching Penalty

Pac-12's counsel at Keker, Van Nest & Peters, which filed the complaint on Monday in the U.S. District Court for the Northern District of California, claimed that the Pac-12 was forced to agree to the "unlawful" terms of its agreement with the MWC under duress. The claim alleged an invalid contract for unenforceable penalties and violations of the Section 1 of the Sherman Act, California's Cartwright Act and California's Unfair Competition Law.
4 minute read

National Law Journal

US Ability to Compete Globally Relies on Ample Domestic Competition, FTC's Chief Says

"If you look at not just the number of wins but the significance of the wins in terms of how we're actually advancing the law, I'm pretty thrilled with the progress we've already made," Lina Khan said.
3 minute read

Corporate Counsel

Warner Bros. Discovery CLO Exits as Frustrated Investors Turn Up Heat on CEO

Savalle Sims, who's been a key lieutenant to CEO David Laslav since 2011, is leaving, for reasons neither she nor the company have explained.
2 minute read

National Law Journal

SDNY Judge Dismisses Antitrust Class Action Alleging Global Bank Price-Fixing Conspiracy

"Here, the plaintiff has failed to allege any facts to show that the defendants engaged in parallel conduct that suggests the existence of a price-fixing conspiracy and each defendant's participation in that conspiracy," U.S. District Judge John G. Koeltl wrote in his memorandum opinion. "This kind of barebones group pleading of parallel conduct is insufficient."
2 minute read

International Edition

Google Wins €1.49B AdSense Case While Qualcomm's Fine Upheld by EU Court

The judgments centered on two separate fines imposed by Brussels officials on the U.S. tech giant and chipmaker in 2019.
3 minute read

International Edition

EU President Nominates Spanish Minister For Antitrust Chief Role

The role is one of the most powerful and high-profile posts in the European Commission.
2 minute read

National Law Journal

Former Feds Flock to Big Law Amid 'Robust Demand' for Enforcement Counsel

Weil, Milbank and Mayer Brown have recruited former Federal Trade Commission, Justice Department and SEC enforcement and litigation officials in Washington.
4 minute read

National Law Journal

Competition, Consumers, Workers Drive FTC's Aggressive Antitrust Approach, Khan Says

"This change in this reorientation has happened against a backdrop of a very organic sense that something was not working, that we were not adequately preserving competition across these markets," Federal Trade Commission Chair Lina Khan said.
3 minute read

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