Class Puts Saks at Helm of Wage Stagnation in Luxury Retail
Touting the prowess that made her a star saleswoman at Saks, Ying-Liang Wang says she was the perfect fit to jump ship to a more lucrative career at Gucci and Prada.
Read more
antitrust
In Google Challenge of $2.6B Fine, EU Judge Talks of Raising It
No love for Google from the EU’s second-highest court on Valentine’s Day, as one judge said a $2.6 billion antitrust fine was “a small amount of cash” for the search engine juggernaut.
Read more
Wildfire Victims Falter in Antitrust Case Against State Farm
Attorneys for State Farm customers whose homes were wiped out by the Northern California wildfires fought in federal court Thursday to keep alive a class action claiming State Farm issued insurance policies that intentionally undervalued their houses, and then lowballed the cost to rebuild.
Read more
Qualcomm, FTC Spar at 9th Circuit Over What Makes a Monopoly
After a long, intense and spirited hearing in the Ninth Circuit on Thursday, a three-judge panel will decide whether the world’s leading chip manufacturer is illegally distorting the market or simply outfoxing the competition.
Read more
‘A Clear Infraction’: EU Judge Has Stern Words for Google Conduct
It was a challenging day for Google as a judge on the EU’s second-highest court had terse words for the Silicon Valley giant about its anticompetitive behavior.
Read more
Google, EU Bring Battle Over $2.6B Antitrust Fine to Court
Search engine juggernaut Google faced off against the European Union on Wednesday over a $2.6 billion fine for squashing its shopping services competition.
Read moreWhat the T-Mobile Takeover of Sprint Means for Users
T-Mobile’s $26.5 billion takeover of Sprint could mean higher or lower phone bills, depending on whom you ask.
Read more
Sprint & T-Mobile Hurtle Toward Merger With Court’s Blessing
Rejecting antitrust concerns by several states as unlikely to occur, a federal judge approved the merger between telecommunications giants T-Mobile and Sprint, setting the stage for a massive rival to AT&T and Verizon.
Read more
White House Drops Antitrust Probe of California Emissions Deal With Automakers
The Trump administration has quietly dropped its antitrust probe of California’s agreement with four major automakers on clean emissions standards.
Read more
Harry’s Promised Merger With Razor Giant Spurs FTC Blowback
The Federal Trade Commission is headed to court to block a merger that could drive up the cost of shaving razors in stores across the country.
Read more
Talent Agencies, Writers Guild Duel in Antitrust Flap
Hollywood talent agencies’ close relationships with production studios have overshadowed their duty to clients, depriving writers of fair representation and higher pay in entertainment deals, attorneys for the Writers Guild of America told a federal judge Friday.
Read moreAntitrust
The United States sued ZF Friedrichshafen, of Germany, and Wabco Holdings, of Michigan, in federal court, saying their proposed $7 billion merger would violate antitrust law by combining “two of the leading global suppliers of components used in the manufacture of large commercial vehicles,” including trucks and buses.
Read moreTextbook Monopoly
Campus Book Co. et al. sued McGraw Hill, Pearson Education, Barnes & Noble, et al. in federal court, claiming they violate antitrust law by squeezing competitors out of the college textbook market.
Read moreFacebook Antitrust
Reveal Chat Holdco et al. filed a federal antitrust class action against Facebook, claiming its acquisition of WhatsApp, Instagram and other competitors violates the Sherman and Clayton acts.
Read moreSuit Claims Wisconsin Agency Discriminates Against Customer-Generated Energy
Renewable-energy advocates filed a lawsuit against a Wisconsin state regulatory agency Thursday, claiming it is shorting utility customers producing energy from renewable sources for the juice they sell back to the state’s major utility company and giving preferential pricing to that monopoly for its own power.
Read more
Judge Hears Final Pitches on Proposed Merger of Sprint and T-Mobile
The coalition of states that sued to block T-Mobile’s planned acquisition of Sprint made their closing arguments Wednesday to convince a federal judge that the $26.5 billion merger of third- and fourth-largest U.S. wireless carriers is anticompetitive and would raise prices for consumers.
Read moreFTC Presses 3rd Circuit on Reverse-Payment Drug Settlements
The Federal Trade Commission urged the Third Circuit Wednesday to revive claims that two drugmakers made improper reverse-payment settlements to preserve their monopoly on a blockbuster testosterone drug.
Read moreBezos Promises $1 Billion to Assuage India
Amazon tycoon Jeff Bezos on Wednesday promised a new $1 billion investment in India, two days after authorities launched an antitrust investigation into the e-commerce giant.
Read moreJudge Advances Antitrust War Between Talent Agencies, Writers Guild
The Writers Guild of America can’t dodge an antitrust lawsuit by Hollywood talent agencies over an organized boycott on talent packaging deals, a federal judge has ruled.
Read more