Skadden.com – Richard A. Powers recently was named the U.S. Department of Justice Antitrust Division’s acting deputy assistant attorney general for criminal enforcement, a role he is expected to take on permanently. Because he is a career attorney and not a political appointee, Powers could stay in the role for an extended period of time …
Pillsbury – The Prime Minister has given the clearest indication yet of what the UK will seek in the Brexit negotiations. Access to each side’s markets is going to be less than it is today. The UK will leave the single market and things are going to be different in the future, but the UK …
Theresa May Sets Out ‘Five Tests’ To Test Brexit Deal Read More »
Shearman & Sterling – Few courts have addressed antitrust challenges to pharmaceutical “product hopping,” i.e., the practice of shifting customers from a drug nearing the end of its patent protection to a modified version that is covered by newer patents and thus is protected from generic competition for a longer period of time. The Second …
Anti-Trust Challenges to Pharmaceutical “Product Hopping” Read More »
Skadden Arps – On July 21, 2014, the Federal Trade Commission (FTC or Commission) accepted a consent agreement, subject to final approval, to settle charges with two Internet resellers of Universal Product Code (UPC) barcodes accused of violating Section 5 of the FTC Act (Section 5) by inviting competitors to collude.1 The FTC Act, which …
FTC Accepts Consent Agreement on Internet Resellers Read More »
Skadden Arps Slate Meagher & Flom – On July 9, 2014, the European Commission published its proposal (White Paper) outlining the approach it intends to adopt with respect to the application of the EU Merger Regulation (EUMR) to the acquisition of minority shareholdings. The White Paper also sets out proposals to streamline the member state …
Intel has had a record fine of 1.06 billion euros ($1.44 billion) was upheld in the highest-ever antitrust penalty imposed by the EU on any company. The fine was levied five years ago on Intel, the largest computer chip maker in the world after the EU court found the company had abused its position through …
