Hints and tips:
...US antitrust regulators also ordered Grail’s divestiture in April, a decision Illumina is appealing against....
...There is an enormous fight going on in the litigation over market definition. Who belongs in the social media product market? For example, under the FTC’s allegations, Twitter/X is not in the market....
...of litigation....
...A new energy “gold rush” is beginning for a previously neglected carbon-free resource: hydrogen generated naturally within Earth....
...In today’s newsletter: Two big wins for antitrust enforcers The Japanese company buying US Steel The plan to rescue Farfetch Regulators even out the antitrust score Global regulators had been on a losing...
...We’re holding our first Moral Money Summit Africa on Tuesday November 21, in Johannesburg and online — featuring in-depth debate on the continent’s biggest opportunities and challenges....
...“She uses litigation, if necessary, as a platform to try and return, in her view, antitrust law to its original purpose of preventing industry consolidation or post-merger abuse,” he says....
...Cleary Gottlieb has hired Shearman & Sterling’s Ryan Shores, a former associate deputy attorney-general at the US Department of Justice, as an antitrust and litigation partner....
...Such worries triggered the departure last week of Munich Re, one of the world’s biggest reinsurers, from the insurers’ group it helped to found, citing “material antitrust risks” to collective action....
...And in addition to that, they also said that the litigation process in the UK could be frozen while all of this was addressed....
...Jamie SmythMost people think that the legal cases could well continue because they’re going to set a really important precedent in antitrust law....
...PM: Your papers led to antitrust action on the part of state attorneys-general. And, with Biden, we have a whole new antitrust environment in the US....
...In a very real sense, everything is gambling. We take our biggest gamble the day we’re born and smaller ones every day after that....
...“We’re getting north of 300 ESG data requests at Carlyle every year and they’re all in slightly different formats with slightly different definitions,” she says....
...They’re thinking through how to present these things,” she said....
...Energy companies including BP and NextEra are fighting for looser definitions of green hydrogen to cash in on tax credits. (WSJ)...
...But if you’re an activist shareholder of sorts or an institution, do you stand in the way of the entire Rothschild family?” said one senior banker in Paris....
...Speaking to Moral Money in a personal capacity, Watchman compared the antitrust argument to lobbyists’ misleading arguments in defence of the tobacco and fossil fuel industries....
...Private litigation is proving to be another multidimensional headache....
...Is that more unique in the antitrust sector or what have you seen in your reporting?...
...“And we’re seeing a once-in-many-generation[s] shift in how markets function, and the need to update and adapt our antitrust enforcement to address new market realities.”...
...plastic-related litigation and increased raw material costs”....
...Former CBI chair Dame Carolyn Fairbairn is joining Tesco’s board in September. Antitrust lawyer Karen Kazmerzak has joined Simpson Thacher from Sidley Austin as a partner in Washington DC....
...If you’re wistful for the glory days of the Airbus-Boeing bust-up — with the transatlantic aircraft subsidies tussle suspended after 17 years of World Trade Organization litigation — then a dispute over...
...The model is being copied in a deal with Barbados that re-engineers part of its sovereign debt to support ocean protection....
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