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The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. .  European Union antitrust regulators are considering expanding the criteria that requires companies to seek merger approval in an effort to ensure deals involving start-ups producing key data or products do not slip through the net.  Under...

The Antitrust Week in Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. .  Margrethe Vestager, the European Union’s competition commissioner, is expected to move ahead in the coming months in the antitrust case she filed against Google, in which she has accused the company of favoring some of its own services...

European Union Begins Looking at Comprehensive Regulation of Virtual Currencies

A View from Constantine Cannon’s London Office By Yulia Tosheva, Richard Pike and James Ashe-Taylor The European Parliament’s Committee on Economic and Monetary Affairs (“ECON”) took a tentative first step toward the regulation of virtual currencies regulation of virtual currencies last week with the issuance of a on virtual currencies. The regulation of virtual currencies is already...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. Dow Chemical has agreed to pay $835 million to settle a decade-long lawsuit on price fixing, saying that the death of Justice Antonin Scalia lessened its chances of overturning the verdict at the Supreme Court.  Dow, which is in the...

EU Telegraphs It Is Probing Whether Western Union Colluded To Drive Rivals Out Of Money-Transfer Market

A View from Constantine Cannon’s London Office By Richard Pike and Yulia Tosheva The European Commission has launched a preliminary antitrust investigation into possible collusion by Western Union in the money remittance market. According to sources, the European Commission is investigating whether exclusivity contracts signed between money-transfer provider Western Union and retail outlets...

First Circuit Boosts Antitrust Challenges To Pay-For-Delay Settlements By Finding Non-Cash Deals Subject To Actavis Scrutiny

Antitrust challenges to so-called “pay-for-delay” settlements—in which brand-name drug makers temporarily keep generics out of the market by making payments to would-be competitors—got a booster shot this week with a in the U.S. Court of Appeals for the First Circuit. The First Circuit held on Monday that even when pay-for-delay settlements do not involve any cash payments, plaintiffs can still...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. Google Chief Executive Sundar Pichai will meet Europe's antitrust chief Thursday for the first time since his appointment last August, according to sources.  European Competition Commissioner Margrethe Vestager, who has accused the world's...

Google Wins Court Battle Against StreetMap In The UK

A View from Constantine Cannon’s London Office By Yulia Tosheva and Richard Pike Google won a big victory Friday in the High Court of England and Wales, which ruled that Google did not abuse its dominant position to the detriment of the now-defunct UK online mapping provider, Streetmap.

The Court’s ruling against Streetmap’s claim for damages from Google for abuse of a dominant position (or...

UK Antitrust Watchdog Slaps $65 Million Fine On Pharma Companies In UK’s First Pay-For-Delay Case

A View from Constantine Cannon’s London Office By Irene Fraile and Richard Pike On 12 February 2016, the Competition and Markets Authority (“CMA”), UK’s competition regulator, fined a number of pharma companies for anti-competitive conduct and agreements in relation to the supply of paroxetine (an anti-depressant drug). The anti-competitive conduct dates back to 2001, when pharmaceutical producers...

The Antitrust Week In Review

Here are some of the developments in antitrust news this past week that we found interesting and are following. The Senate Judiciary Committee's antitrust subcommittee will hear from the top U.S. antitrust enforcers next month to discuss a wave of of major, controversial mergers.  The Justice Department is investigating two large insurance mergers—Aetna buying...