Claims that E.I. du Pont de Nemours and Company attempted to wield, and did wield, monopoly power over the U.S. para-aramid fiber market in violation of Sec. 2 of the Sherman Act should not have been dismissed, the U.S. Court of Appeals in Richmond, Virginia, has decided. Kolon Industries, Inc., a small seller of para-aramid…
Including an arbitration agreement in a commercial or consumer contract that requires your customer to pursue only individual claims in the arbitral forum will not necessarily protect you from class-wide arbitration. You will need to ensure that individual arbitration will allow your customers to enforce their statutory rights. The U.S. Court of Appeals in New…
Soon after Jon Leibowitz became the head of the Federal Trade Commission in March 2009, he told attendees of the American Bar Association’s Section of Antitrust Law Spring Meeting in Washington, D.C. that they could expect continuity in enforcement at the agency. Leibowitz’s recent nomination to serve another seven years at the Commission points to…
The FTC has suffered a setback in its challenge to Laboratory Corporation of America’s acquisition of Westcliff Medical Laboratories, Inc. The federal district court in Santa Ana, California, on February 22 denied the agency’s request for a preliminary injunction to prevent integration of the firms pending the outcome of an administrative trial challenging the transaction….
News headlines suggesting an uptick in merger activity in 2010 were validated by the Federal Trade Commission’s 33rd “Hart-Scott-Rodino (HSR) Annual Report,” which was released today by the FTC with the concurrence of the Department of Justice Antitrust Division. According to the report, the number of transactions notified to the federal antitrust agencies grew by…
The federal district court in New York City ruled last week that the Department of Justice was entitled to seek disgorgement as a remedy for an alleged Sherman Act violation. The court approved a consent decree, which required KeySpan Corporation to surrender $12 million to the U.S. Treasury to settle a federal antitrust lawsuit brought…
The State of New York was not entitled to an order enjoining mattress manufacturer Tempur-Pedic International, Inc. from restricting discounting by its authorized retailers, a New York state court has ruled. The New York Attorney General alleged that Tempur-Pedic violated New York General Business Law Sec. 369-a, which renders minimum resale price agreements unenforceable. These…
The Department of Justice Antitrust Division and the Federal Communications Commission today conditionally approved a joint venture between Comcast Corp. and General Electric Co.’s subsidiary NBC Universal Inc. The joint venture, which was announced in December 2009, combines Comcast–the nation’s largest cable operator and Internet service provider–and NBC Universal’s cable networks, filmed entertainment, and television…
Antitrust plaintiffs asserting price fixing claims do not need a “smoking gun” to avoid dismissal of their complaint and proceed to discovery. Yesterday, the U.S. Court of Appeals in Chicago decided that consumers plausibly alleged a conspiracy among the nation’s leading wireless service providers to fix the price of text messaging services in violation of…
A decision from a divided U.S. Court of Appeals in Atlanta earlier this month continues the debate over the appropriate pleading standard for antitrust plaintiffs under Bell Atlantic Corp. v. Twombly (2007) 550 U.S. 544. The appellate court held that consumers failed to support their resale price fixing and horizontal price fixing claims against the…
