The US Department of Justice’s antitrust division (DoJ) has approved the US$150 million acquisition by health insurance company Humana of its competitor Arcadian, provided that the buyer sells its new Medicare Advantage businesses in 51 counties and parishes.
The US Federal Trade Commission (FTC) has partially cleared the merger of powder paint companies Graco and Illinois Tool Works (ITW), allowing Graco to move ahead with the deal provided it sets aside a portion of the business until the FTC completes its review.
Another DENSO Corporation executive has become became the eighth individual to plead guilty to charges of taking part in an auto-parts cartel, in a US Department of Justice (DoJ) antitrust division investigation that continues to bring convictions of non-US residents.
Antitrust enforcers and lawyers say an ongoing investigation of a global auto parts cartel will prove to be the largest in history. Although much remains to be seen, documents and interviews offer a partial examination of the investigation’s considerable scope. Ron Knox reports
A US court has thrown out an antitrust lawsuit claiming that entertainment company Clear Channel attempted to monopolise the rock concert promotion business in Los Angeles and Denver.
The former chief executive of SK Foods, a tomato processing company in California, has pleaded guilty to charges of price-fixing and racketeering, and now risks up to seven years in prison.
Online retail broker Scottrade has entered settlement agreements with three US states, under which it promises to cooperate with their investigation of potential antitrust violations in the retail securities brokerage industry.
A US federal court has thrown out per se price fixing claims against a group of Michigan hospitals while letting the nurse plaintiffs continue to pursue the case if they can prove they were harmed by the hospitals’ alleged actions.
Edward Henneberry has joined Bingham McCutchen’s antitrust and trade regulation group from Orrick Herrington & Sutcliffe. Henneberry will divide his time between Bingham’s Washington, DC and London offices.
Acting Assistant Attorney General Sharis Pozen has said antitrust enforcement in the health insurance market is a priority for the US Department of Justice’s antitrust division (DoJ), particularly as new entry remains difficult in the sector.
Web application maker Sambreel has filed a lawsuit against Facebook, accusing the company of trying to eliminate competition in the sale of online advertising.