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Latest competition law Stories

EU Court Upholds Microsoft Fine
2012-06-28 08:28:42

Peter Suciu for redOrbit.com — Your Universe Online On Wednesday the General Court of the European Union rejected Microsoft´s appeal of a 2008 European Commission antitrust ruling, but reduced the fine by 39 million euros to just 860 million euros — or $1.1 billion dollars. The fine was based on a daily rate for the 488 days that Microsoft failed to hand over interoperability information, and the software giant is reportedly the only such company to be fined (to date)...

2012-06-14 06:23:01

Lack of Government Credit to Antitrust Compliance A Disincentive to Diligent Programs? MINNEAPOLIS, June 14, 2012 /PRNewswire-USNewswire/ -- The management of antitrust compliance is generally undefined and potentially in a silo, isolated from other risk areas, and solutions to antitrust concerns are seemingly underdeveloped, according to the results of a survey which was conducted in March and April 2012 by the Society of Corporate Compliance and Ethics (SCCE). Survey respondents...

2012-05-21 10:24:44

SANTA MONICA, Calif., May 21, 2012 /PRNewswire-USNewswire/ -- Consumer Watchdog today welcomed the European Commission's finding that Google's business practices may violate antitrust law, but predicted that the Internet giant will not offer meaningful remedies voluntarily. The nonpartisan, nonpartisan group said antitrust officials on both sides of the Atlantic should consider breaking up the company. The European Commission said it was concerned that Google was favoring its own services...

2012-05-15 06:26:53

Report of the C.D. Howe Institute Competition Policy Council TORONTO, May 15, 2012 /CNW/ - The Competition Bureau should clarify how it will apply its powers under the Competition Act in seeking administrative monetary penalties for abuse of dominance, according to a consensus of the C.D. Howe Institute's Competition Policy Council, which held its third meeting on May 7, 2012. The Competition Policy Council comprises top-ranked academics and practitioners active in the field of...

2012-05-08 06:34:53

ALEXANDRIA, Va., May 8, 2012 /PRNewswire-USNewswire/ -- Today, the 362,000-member National Taxpayers Union (NTU) sent a letter to the Federal Trade Commission and other key policymakers, signed by 101 leading economists who agree that the federal government's latest anti-trust enforcement push - aimed most intensely at Google - does not focus on real consumer problems, while threatening economic damage and reduced freedom for individuals and businesses. (Logo:...

2012-05-08 06:28:55

RICHMOND, Va., May 8, 2012 /PRNewswire-USNewswire/ -- McGuireWoods LLP announced today that Howard Feller, a partner in the firm's antitrust and trade regulation practice group in Richmond, has been nominated to be vice chair of the American Bar Association Section of Antitrust Law, effective August 2012. He will then serve as the chair-elect in August 2013 and will later be the chair of the ABA Antitrust Section, effective August 2014. Feller, who currently serves as the finance officer of...

2012-04-25 02:27:02

WASHINGTON, April 25, 2012 /PRNewswire-USNewswire/ -- A new paper by Brattle economists proposes an economic framework that would provide uniformity to the analysis, proof, or disproof of alleged market manipulations in the wholesale electricity and natural gas markets of the United States and European Union. The paper was published this week in the Energy Law Journal. Market manipulation enforcement and compliance issues are increasingly in the spotlight in the United States, as evidenced...

2012-04-12 06:25:09

NEW YORK, April 12, 2012 /PRNewswire/ -- Constantine Cannon is pleased to announce that the publication Global Competition Review has named the firm to its select list of nine leading plaintiffs' antitrust practices. In its profile of the firm, Global Competition Review pointed out that Constantine Cannon holds special status within the group of firms selected. "No other plaintiff practice can claim to have won two of the three largest antitrust settlements in US history," the profile...

2012-04-02 06:29:49

NEW YORK, April 2, 2012 /PRNewswire/ -- Cadwalader, Wickersham & Taft LLP (Cadwalader), a leading counselor to global financial institutions and corporations, announced today that the firm's work as antitrust counsel to Microsoft in its acquisition of Skype, led by partners Charles "Rick" Rule and Jonathan Kanter, was awarded "Merger Control Matter of the Year - Europe" at the Global Competition Review Awards 2012 held on March 27 in Washington, D.C. The Cadwalader team also included...

2012-03-29 10:25:25

WASHINGTON, March 29, 2012 /PRNewswire-USNewswire/ -- The Preserve Community Pharmacy Access NOW! (PCPAN) coalition applauded the National Association of Chain Drug Stores (NACDS), the National Community Pharmacists Association (NCPA) and the named community pharmacies today, for filing an antitrust suit against Express Scripts, (ESI) and Medco Health Solutions over their $29 billion merger plan. The lawsuit was filed in Federal Court in the Western District of Pennsylvania....