Grant & Eisenhofer strengthens in New York

Wednesday, 01 September 2010

Nussbaum and Radice join New York practice
Plaintiffs firm Grant & Eisenhofer PA has hired competition litigation specialists Linda Nussbaum as a partner and John Radice as a senior counsel in the firm’s New York antitrust practice. They started in their new roles today.

LB Foster/Portec deadline extended again

Wednesday, 01 September 2010

The proposed merger between US railway manufacturing companies LB Foster and Portec Rail Products has been delayed once more as the companies strive to alleviate competition concerns raised by the US Department of Justice’s antitrust division.

FTC settles aluminium suit

Wednesday, 01 September 2010

The US Federal Trade Commission has approved a final order settling charges against industrial products manufacturer Houghton International for its allegedly anti-competitive acquisition of a competitor.

Morgan Stanley settles municipal bond litigation

Tuesday, 31 August 2010

Investment bank Morgan Stanley has agreed to pay a multi-million dollar settlement to end its involvement in an antitrust class action alleging that it conspired with rival banks to rig bids for municipal bonds sold to city, state and other local governments.

Wal-Mart reaches deal with plaintiffs in Netflix DVD case

Tuesday, 31 August 2010

US retail powerhouse Wal-Mart has settled a lawsuit alleging that it conspired with one-time rival Netflix to eliminate competition for DVD movies and television shows.

United/Continental gets DoJ green light

Tuesday, 31 August 2010

The US Department of Justice’s antitrust division has cleared the merger between United Air Lines and Continental Airlines, creating the world’s largest airline.

US indicts two more airline executives

Friday, 27 August 2010

A grand jury at US District Court in Brooklyn has indicted two former executives of Asiana Airlines for conspiring to fix prices on airline tickets, the Department of Justice’s antitrust division announced yesterday.

Sea Star reaches settlement in Puerto Rico shipping litigation

Thursday, 26 August 2010

Shipping company Sea Star Line has reached a settlement agreement with plaintiffs in its multi-district US antitrust lawsuit, agreeing to pay US$18.5 million to end its role in the litigation.

Baker Hughes divests to seal BJ Services deal

Thursday, 26 August 2010

US oil field services company Baker Hughes has gained final antitrust approval to sell two of its sand-removal vessels and other related assets in the Gulf of Mexico.

Lawsuit details DoJ polyurethane foam investigation

Wednesday, 25 August 2010

DoJ scrutinising US foam market
The US Department of Justice’s antitrust division has opened an investigation of the polyurethane foam market, spurred by a successful leniency application from one of the industry’s main manufacturers.

US court bans travel for second LCD executive

Wednesday, 25 August 2010

Another executive in the US Department of Justice’s antitrust division’s liquid crystal display (LCD) cartel investigation has had an application to leave the country denied.

GE loses bid to end wind turbine litigation

Tuesday, 24 August 2010

GE/Mitsubishi wind turbine suit will proceed
The US District Court for the Western District of Arkansas today denied General Electric’s motion to dismiss an antitrust litigation brought by engineering company Mitsubishi Heavy Industries.

US court revives insurance bid-rigging suit

Tuesday, 24 August 2010

Plaintiffs in a US antitrust class action have failed to prove that more than 20 commercial insurance companies were involved in an industry-wide conspiracy, a Third Circuit court ruled, but claims of bid rigging will be allowed to go ahead.

DoJ prepares for livestock workshop

Tuesday, 24 August 2010

The US Department of Justice’s antitrust division and the US Department of Agriculture will hold their next discussion on competition in the US agriculture industry this Friday in Colorado, focusing on the competitiveness of the livestock market.

AU Optronics boss banned from leaving US

Monday, 23 August 2010

The chief executive of Taiwan’s AU Optronics, Lai-Juh Chen, has been barred from leaving the US pending charges of price fixing in the Department of Justice antitrust division’s liquid crystal display cartel investigation.

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