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FTC: Baby Food Merger Would Invite Collusion
Two opposing views of H.J. Heinz's attempt to acquire Beech-Nut Nutrition were presented to a federal judge. While the FTC argued that the combination of the second and third largest U.S. baby food makers would hurt consumers, Heinz and Beech-Nut pitched their case as a David and Goliath, with a merger being the only way to compete with baby food giant Gerber.U.S. Supreme Court Reverses Fla. Justices on Arbitration Clause Ruling
In a major victory for business groups, the U.S. Supreme Court held Tuesday that the validity of a contract that includes an arbitration provision must be decided by an arbitrator, not a state judge -- unless what's challenged is the arbitration provision itself. The decision overturned a ruling by the Florida Supreme Court that a state court first must establish whether the underlying contract at issue violated state or federal law before its arbitration provision could be enforced.AOL Actions Spell: 'You've got trouble'
Former independent prosecutor Kenneth Starr, representing America Online, says derailing the AOL class action settlement because of a "reverse auction" serves lawyers, not litigants.Trending Stories
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