Competition : Law360 : Legal News & Analysis (2022)

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    The defense said the case should have never been brought. The judge told the U.S. Department of Justice's top antitrust official to "reflect" on the evidence after two separate juries deadlocked on price-fixing charges against chicken industry executives.

  • September 06, 2022

    Meta Can't Get FTC Analysis Of Instagram, WhatsApp Buys

    A D.C. federal court judge on Tuesday denied a request from Facebook parent company Meta Platforms Inc. for Federal Trade Commission documents related to reviews of the social media giant's acquisition of Instagram and WhatsApp, saying the materials are protected by the deliberative-process privilege.

  • September 06, 2022

    Bang's Super Sales Aren't Tied To 'Super Creatine,' Exec Says

    The top marketing executive at Vital Pharmaceuticals Inc.— who is also the wife of its CEO — on Tuesday told a California federal jury hearing false advertising claims brought by Monster Energy Co. that "super creatine" in the company's Bang energy drink is not important to the beverage's success.

  • September 06, 2022

    Booz Allen, Rival Cut $5M Deal To End Workers' No-Poach Suit

    Booz Allen Hamilton Inc. and a rival defense contractor have agreed to pay workers at an intelligence operations center in England up to $5.05 million to resolve proposed class claims that the companies took part in a wide-spanning "no poach" and wage-fixing scheme, according to a Tuesday filing.

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  • September 06, 2022

    Banks' Trade Secrets Fight Put To End In Federal Court

    An Illinois federal judge handed Michigan-headquartered Flagstar Bank a win in a suit accusing it of swiping workers from Illinois-based Busey Bank, finding that Busey fell short on a claim made under federal trade secrets law.

  • September 06, 2022

    3rd Circ. Panel Questions Niaspan Buyers' Class Data

    A Third Circuit panel on Tuesday raised a number of questions for Niaspan buyers about the data supporting their bid for class status in a case accusing AbbVie and Teva Pharmaceuticals of delaying generic forms of the cholesterol drug.

  • September 06, 2022

    Commerce Releases CHIPS Implementation Strategy

    The U.S. Department of Commerce is advising companies pursuing the $50 billion in funding appropriated under the CHIPS and Science Act to scale up, get investors, and collaborate in order to win assistance, according to its strategy document released Tuesday.

  • September 06, 2022

    The FTC And DOJ Are Rewriting The Rules

    As the Biden administration's competition enforcers pursue individual cases, they are just as focused on pushing through sweeping changes to U.S. antitrust law, kicking off that process in January when the agencies announced plans for a major overhaul of their merger guidelines.

  • September 06, 2022

    DOJ Gets Time In State-Led Facebook Case At DC Circ.

    Federal enforcers during oral argument later this month will get a chance to support a contingent of state attorneys general asking the D.C. Circuit to revive their caseaccusing Facebook's parent company, Meta Platforms Inc., of monopolizing personal social networking services.

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  • September 06, 2022

    Match Can't Avoid Google's Breach Claims In Play Store MDL

    A California federal judge has declined to dismiss Google's contract breach counterclaims against Match Group for using an alternative billing system in violation of the search giant's payment policy, finding that the dating app maker's arguments in its dismissal bid are posited on facts outside the record.

  • September 06, 2022

    NJ Lawmaker Wants Ticketmaster Springsteen Tix Answers

    A New Jersey congressman calledonthe head of Live Nation Entertainment toexplain the company'sticket sale practices after an uproar from fans who faced hefty ticket prices for an upcoming Bruce Springsteen tour.

  • September 06, 2022

    EU Bans Illumina's $8B Acquisition Of Grail

    The European Union's antitrust watchdog on Tuesday banned DNA sequencing giant Illumina's $8 billion reacquisition of medical testing company Grail Inc., indicating that it will order the companies to unwind the completed deal to protect competition for new cancer screening tests.

  • September 02, 2022

    Law360 MVP Awards Go To 188 Attys From 78 Firms

    The attorneys chosen as Law360's 2022 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.

  • September 05, 2022

    CMA Eyes Probe Of SocGen Leasing Unit's €5B Deal For Rival

    Britain's antitrust regulator said on Monday that it is weighing whether to open an investigation into the almost-€5 billion ($5 billion) buyout byFrench auto-fleet leasing specialist ALD Automotive SA of a Dutch rival, in a deal advised by Macfarlanes LLP.

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  • September 02, 2022

    VPX CEO To Monster Trial Atty: 'Are You Trying To Insult Me?'

    Vital Pharmaceuticals Inc. CEO Jack Owoc continued his pugnacious turn on the witness stand Friday inaCalifornia federal trialover false advertising claims brought by Monster Energy Co., verbally sparring with Monster's attorney while denying that "super creatine" in Vital's Bang energy drink is key to its meteoric success.

  • September 02, 2022

    Big Banks Say Forex-Rigging Suit Fails Over Lack Of Harm

    Seven major banks accused of rigging benchmark foreign exchange rates have asked a Manhattan federal judge to rule in their favor and bring an early end to the proposed class action they face, contending that none of the parties who brought the suit can prove they were harmed by the alleged misconduct.

  • September 02, 2022

    Smear-Campaign Trial Nets Real Estate Investment Co. $37M

    A Florida federal jury awarded a real estate investment company and media network more than $37.5 million on Thursday over claims that competitors undertook a campaign to smear it via web and email by using registered trademarks and engaging in a racketeering conspiracy.

  • September 02, 2022

    DOJ Lining Up 1st 'No Poach' Win With Staffing Co. Plea

    The government looks set to secure its first successful criminal prosecution of a labor-side antitrust violation, after a health care staffing company said it plans to plead guilty to charges over an alleged scheme to suppress the wages of nurses working in Las Vegas schools.

  • September 02, 2022

    FTC Appealing Judge's Ruling On Illumina's $8B Grail Deal

    The Federal Trade Commission said Friday it is appealing an administrative law judge's rejection of its challenge to Illumina's $8 billion reacquisition of cancer testing outfit Grail Inc.

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  • September 02, 2022

    Meta Has No Plans To Settle FTC's VR Merger Challenge

    A Meta Platforms Inc. attorney told a Federal Trade Commission in-house judge Friday that the Facebook successor is unlikely to settle the agency's challenge to its planned purchase of virtual reality fitness app developer Within Unlimited Inc.

  • September 02, 2022

    FTC Chair Backs USDA Rulemaking To Help Poultry Farmers

    Federal Trade Commission Chair Lina M. Khan praised the U.S. Department of Agriculture for considering regulations that would go beyond increased transparency requirements already under consideration for poultry growers, arguing that transparency alone isn't enough protection from "unfairness, deception, and discrimination."

  • September 02, 2022

    Chicken Execs Fight Testimony From Alleged Co-Conspirators

    A pair of former chicken executives facing criminal price fixing charges have urged a Colorado federal judge to block nearly 300 statements by alleged co-conspirators from their coming trial, arguing that many of the statements are now inadmissible because the speakers were acquitted of related charges.

  • September 02, 2022

    Judge Orders Partial Unsealing Of Golfers' LIV Contracts

    A California district judge overseeing the antitrust suit launched by professional golfers blacklisted from the PGA Tour after signing on with LIV Golf has ordered portions of the players' contracts with the Saudi-funded tour to be unsealed in the litigation.

  • September 02, 2022

    FERC Urged To Smash State Grid Construction Law Barriers

    The Fifth Circuit's recent ruling that a Texas law limiting new transmission projects to incumbent developers is unconstitutional bolsters the case for the Federal Energy Regulatory Commission to override other state right of refusal laws, an independent transmission developer told the agency.

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  • September 02, 2022

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen blockchain fintech Blackfridge launch an intellectual property claim against rival crypto company Tether, Thames Valley Eggs crack open a competition claim against its former director, and Dechert’s former head of white-collar crime face fresh legal action after he lied about leaking clients’ confidential information. Here, Law360 looks at these and other new claims in the U.K.

  • September 02, 2022

    'Mold Medic' Mark Dispute Will Stay In Pa., Judge Rules

    A Pittsburgh-area mold remediation company's lawsuit over a New Jersey competitor's use of the name "Mold Medic" will move ahead in a Pennsylvania federal court, a judge said in denying the New Jersey company's motion to dismiss or transfer the case.

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