Tag: US
US Judge Denies Cigna’s $1.8B Anthem Breakup Fee Request
Anthem secured its win Monday, May 3, against Cigna's quest for a US$1.85 billion breakup fee over the collapse of their planned US$54 billion merger,...
Blue Cross Blue Shield Settles Antitrust Suit For $2.7B
The Blue Cross Blue Shield Association (BCBS) and its affiliated companies have agreed to a US$2.67 billion settlement in a class-action lawsuit that alleged...
Amarin Hit With New Antitrust Suit Over Generic Drug Delays
Amarin was hit with federal antitrust claims in New Jersey over its alleged scheme to delay generic versions of the cardiovascular drug Vascepa—its only...
Valve Hit With New Antitrust Suit Over Steam Store
Valve, the owner of popular video game distribution platform Steam, is facing a proposed class action lawsuit, alleging its product’s dominant market share allows...
Facebook Says SCOTUS Ruling Means FTC Antitrust Suit Should Be Tossed
Facebook stated a US Supreme Court decision last week on the Federal Trade Commission’s (FTC) authority to recover money for consumers means the agency’s...
Acting FTC Chair Asks Congress To Restore Authority After SCOTUS Decision
The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according...
Former US DOJ Antitrust Division Deputy Chief Of Staff Joins Morrison...
Morrison & Foerster announced the arrival of David J. Shaw as a partner in its Antitrust Practice Group in Washington, DC. Mr. Shaw joins Morrison & Foerster from the US...
Class-Action Suit Against the iPhone’s Water Resistance Claims Filed In The...
A class-action lawsuit was submitted over the weekend in the US District Court for the Southern District of New York, claiming that Apple is...
Supreme Court Curbs FTC’s Power to Seek Monetary Awards
The Supreme Court issued a ruling Thursday, April 22, that will significantly limit the Federal Trade Commission’s (FTC) ability to extract monetary relief for...
Apple & Google Testify On App Store Dominance
A panel of US Senators questioned officials from Apple and Alphabet’s Google on Wednesday, April 21, about the dominance of their mobile app stores...