By Sulaiman Abdur-Rahman | September 27, 2024
"Plaintiffs and the class allege that Defendants' anticompetitive conduct has caused them to sell their labor for below-competitive prices, to lose out on valuable athletic scholarships, and to be excluded from Division I," according to the allegations in the amended complaint against the NCAA. "Such injuries are plainly of the type the antitrust laws were intended to prevent."
By James Palmer | September 27, 2024
"Anyone who has bought something online, or checked out at a store, knows there is an ever-expanding universe of companies offering new ways to pay for goods and services," Visa General Counsel Julie Rottenberg said in a statement.
By Kat Black | September 27, 2024
The lawsuit, which accused Google of abusing its "monopoly power" to exert unchecked control over the "quantity of ad inventory," alleged violations of California's Cartwright Act, unfair business practices and unfair competition.
By Sulaiman Abdur-Rahman | September 26, 2024
"Biogen's anticompetitive conduct, and the PBMs' participation in it, delayed and substantially diminished the sale of generic Tecfidera in the United States, and unlawfully enabled Biogen to sell Tecfidera and Vumerity at artificially inflated units and prices," according to the allegations in three complaints accusing Biogen of monopolizing the multiple sclerosis drug market.
By Matthew Barakat/AP | September 26, 2024
The testimony from economist Mark Israel comes as Google wraps up its defense in the third week of an antitrust trial that began earlier this month in Alexandria, Virginia.
By Linda A. Thompson | September 26, 2024
Teresa Ribera Rodríguez, who has been nominated to serve as the EU's next competition commissioner, is expected to revamp the bloc's antitrust policy so it helps European companies compete around the globe as more nations move toward increased protectionism.
By Linda A. Thompson | September 26, 2024
Teresa Ribera Rodríguez, who has been nominated to serve as the EU's next competition commissioner, is expected to revamp the bloc's antitrust policy so it helps European companies compete around the globe as more nations move toward increased protectionism.
National Law Journal | Analysis
By Maydeen Merino | September 25, 2024
"It's not uncommon that a defamation suit is brought, not necessarily because the plaintiff expects to take it to trial, but instead, because they want to make a public announcement that what was said about them is wrong," said Lyrissa Lidsky, a University of Florida law professor.
By James Palmer | September 24, 2024
Visa handles more than 60% of debit card transactions in the U.S., and collects more than $7 billion in annual processing fees, a lucrative business the company protects through illegal, anticompetitive practices, the Department of Justice alleges.
By Kat Black | September 24, 2024
Pac-12's counsel at Keker, Van Nest & Peters, which filed the complaint on Monday in the U.S. District Court for the Northern District of California, claimed that the Pac-12 was forced to agree to the "unlawful" terms of its agreement with the MWC under duress. The claim alleged an invalid contract for unenforceable penalties and violations of the Section 1 of the Sherman Act, California's Cartwright Act and California's Unfair Competition Law.
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