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...US antitrust regulators also ordered Grail’s divestiture in April, a decision Illumina is appealing against....
...The impending litigation is also set to add uncertainty for businesses, some lawyers said. “The question is: what are companies supposed to do now?”...
...“It will be instructive to see how any damages awarded are distributed to the class members — and how much ends up in the pockets of the lawyers and funders,” said Anna Morfey, antitrust partner at law firm...
...It creates a collision course between the antitrust left, who are opposed to bigness, and the more centrist or right-leaning antitrust [theorists], who see antitrust as a problem of market power, without...
...The system de facto forced sellers to hire realtors in order to expose their homes to buyers and to be advertised on multiple listing services, which are central databases of properties, thus violating antitrust...
...Today is Friday, March 22nd, and this is your FT News Briefing. [MUSIC PLAYING] Reddit’s market debut got an upvote from investors, and the US hit Apple with an antitrust lawsuit....
...customers, competitors and antitrust experts....
...A tough antitrust environment and geopolitical instability across the globe, two of the main deterrents to dealmaking in 2023, are not going away anytime soon....
...He says the litigation is, on a risk scale of 1-10, an eight, whereas other tech litigation in recent decades was a two or three....
...That combination of correcting factors might include the growing number of Big Tech antitrust cases and the possibility that carbon pricing and copyright fines will challenge the “free” inputs necessary...
...In 2021, the search company called for an investigation into whether he should be recused from litigation and investigations against it....
...The deal shocked the sports world as the two sides had been locked in litigation until calling the truce....
...expensive litigation across two continents with not a single victory to show for it”, he wrote....
...“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....
...China’s antitrust regulators last month put out a proposal about “unfairly high” prices for SEPs....
...The energy division also houses Berkshire’s realtor, HomeServices of America, which is facing 11 antitrust lawsuits over how it and other brokers charged commissions....
...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....
...The law allows individual customers to be automatically included in any litigation unless they opt out, but the tribunal must first permit the class action to go ahead....
...Antitrust lawyers have variously described it as “flabbergasting”, “extraordinary” and “a mess”....
...The ruling deals a heavy blow to one of the most high-profile antitrust challenges under Joe Biden’s administration, which has appointed progressive officials such as FTC chair Lina Khan to crack down on...
...The US government has launched a federal antitrust probe into the PGA Tour, while the PGA Tour and LIV are suing each other in a federal court in California....
...Both parties have moved to dismiss litigation stemming from their feud over the future of golf....
...Within days, the discussions produced a plan for Paul Weiss to hire a team of lawyers capable of advising buyout firms on dealmaking, financing, tax, antitrust, litigation and restructuring....
...UBS has set aside $4bn to cover Credit Suisse’s regulatory and litigation matters....
...So now they get to stop paying their litigation lawyers.”...
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