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Antitrust Today

Horizon Lines Settles Remaining Claims In Shipping Antitrust Action

Posted  12/14/11
Horizon Lines Inc., one of the largest ocean shipping companies in the United States, has entered into a $13.75 million settlement agreement with a group of shippers who had opted out of a class action against the company. The shippers alleged that Horizon entered into a conspiracy with other carriers, including Sea Star Line, Crowley Maritime Corp. and Trailer Bridge Inc., to fix prices by increasing their rates...

Federal Court Authorizes Plaintiffs To Tune Into iPod Antitrust Class Action Against Apple

Posted  12/12/11
Federal Judge James Ware of the Northern District of California has of iPod purchasers, allowing an antitrust class action to proceed against Apple Computer, Inc. (“Apple”). The plaintiffs in The Apple iPod iTunes Antitrust Litigation contend that Apple violated state and federal antitrust laws by monopolizing markets for digital music downloads and portable digital media players, excluding...

Delaware Judge Approves $89 Million Sweetener To Settle Del Monte Shareholder Suit

Posted  12/9/11
Delaware Judge J. Travis Laster has approved a settlement requiring Del Monte Corp. and Barclays Capital Inc. to pay $89.4 million to Del Monte shareholders to resolve claims relating to the March 2011 acquisition of Del Monte by funds affiliated with Kohlberg Kravis Roberts & Co. L.P., Vestar Capital Partners, and Centerview Partners. Under the terms of the March 2011 sale of Del Monte, shareholders were entitled...

Federal Judge Orders Timeout In Basketball Players’ Antitrust Action Against NBA

Posted  12/7/11
U.S. District Judge Patrick Schiltz has issued a stay in , the basketball players’ antitrust class action against the National Basketball Association and its 30 member teams, to give the parties time to work out a settlement. The District of Minnesota federal judge issued the stay order after being informed by the players that the two sides have “tentatively agreed” to resolve their labor...

Pittsburgh-Area Health Care Antitrust War Opens New Front In Mediation

Posted  12/5/11
A high-profile battle between two Pittsburgh-area health care networks that has already been fought in federal district and appellate courts is now headed to mediation. In West Penn Allegheny Health System, Inc., v. UPMC, Judge Arthur Schwab of the U.S. District Court for the Western District of Pennsylvania ordered the parties to try an alternative form of dispute resolution after West Penn Allegheny Health System...

European Commission Rolls Out Investigation Of Bearings Makers

Posted  11/21/11
The European Commission recently raided SKF AB, Schaeffler Group, and the offices of other European rolling bearings makers to investigate whether they violated European antitrust rules. The companies manufacture bearings for the automotive and aerospace industries. The Commission is investigating whether the companies violated European Union (“EU”) laws prohibiting cartels and restrictive business practices...

Federal Court Pulls The Plug On Digital Tax Preparation Merger

Posted  11/15/11
A federal judge in the United States District Court for the District of Columbia has granted the United States’ motion for a permanent injunction enjoining H&R Block’s proposed acquisition of its digital tax preparation competitor, 2SS Holdings, Inc., the company offering TaxACT. Judge Howell’s in United States v. H&R Block, Inc., Civ. No. 11-00948 (BAH), unequivocally found that the proposed...

Class Action Accuses Dairy Producers Of Reducing Herds To Increase Milk Prices

Posted  11/10/11
A filed in the Northern District of California on behalf of U.S. consumers of milk and other dairy products is alleging that dairy producers prematurely slaughtered more than half a million cows to drive up the prices of dairy products. The plaintiffs in Matthew Edwards et al., v. National Milk Producers Federation, aka Cooperatives Working Together et al. allege that from 2003 to 2010 several dairy...

It’s Not “Over Easy” For Remaining Defendants In Egg Antitrust Litigation

Posted  11/4/11
After denying four of six motions to dismiss just three weeks earlier, a federal judge in the Eastern District of Pennsylvania denied an additional motion to dismiss that was primarily aimed at limiting the scope of discovery in the In re Processed Egg Products Antitrust Litigation. The plaintiffs allege that Defendant egg producers and trade groups engaged in a conspiracy to manipulate the supply of, and thereby...

Europeans And Feds Overhaul Trans-Atlantic Antitrust Enforcement

Posted  11/1/11
October was a busy month for European and U.S. antitrust enforcers, who revised “best practices” aimed at enhancing the efficiency of antitrust investigations on both sides of the Atlantic. First, on October 14, 2011, the U.S. Department of Justice, the Federal Trade Commission and the European Commission (the “EC”) that they use to coordinate merger reviews...
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