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Chevron USA Inc., ExxonMobil Corp., BP West Coast Products LLC and other major oil refiners cost California consumers at least $1.3 billion by colluding to control the supply — and therefore, the price — of gasoline on the West Coast, according to a putative class action removed to federal court on Thursday.
The Ninth Circuit on Thursday said that a former AU Optronics Corp. executive can’t use a juror’s affidavit swearing to jury bias during trial to get out of a two-year prison sentence for participating in a massive liquid crystal display price-fixing conspiracy.
Allergan PLC revealed Thursday that it has received a subpoena from the U.S. Department of Justice seeking information relating to the marketing and pricing of certain generic products as well as communications with competitors about those products, making it the latest pharmaceutical manufacturer hit with such a request.
Federal prosecutors urged a New York federal judge on Wednesday not to let two former Rabobank traders accused of manipulating Libor depose a key witness from the recent criminal trial of Barclays trader Tom Hayes, saying the testimony couldn't help them.
The American Hospital Association is attacking Anthem Inc.’s proposed $54 billion acquisition of Cigna Corp., telling the U.S. Department of Justice on Wednesday that the deal may be hopelessly anti-competitive no matter how it is structured.MERGER REVIEW
The U.S. hotel and lodging industry said Thursday that the proposed $1.6 billion merger between online travel companies Expedia Inc. and Orbitz Worldwide Inc. will severely limit consumer choices, hamper competition and drive up costs for businesses.ENFORCEMENT
Pfizer Inc. and drug distributor Flynn Pharma Ltd. may have been illegally charging excessive prices for an anti-epilepsy drug, the U.K.’s Competition and Markets Authority said on Thursday.POLICY & REGULATION
The Federal Communications Commission approved several airwaves auction issues ranging from bidding procedures to spectrum allocation at its meeting Thursday, shortly after adopting an order denying T-Mobile’s request to change the size of a spectrum set-aside.
The U.S. Chamber of Commerce, Business Roundtable and National Association of Manufacturers together blasted the Federal Communications Commission’s net neutrality rules in the D.C. Circuit on Wednesday, arguing that the rules will cost billions in investment because of regulatory uncertainty and forced caution.
Several telecom industry organizations in comments posted Thursday threw their support behind a Federal Communications Commission proposal that would permanently exempt small Internet service providers from net neutrality disclosure requirements.LITIGATION
Olean Wholesale Grocery Cooperative Inc. lodged a class action in California federal court Monday against Bumble Bee Foods LLC, StarKist Co. and Thai Union Frozen Products-owned Tri-Union Seafoods LLC, which trades as “Chicken of the Sea,” alleging the three companies participated in a price-fixing scheme on canned tuna.
San Francisco 49ers season ticket holders sued the NFL team and Ticketmaster LLC in California federal court Wednesday, claiming they stiff-armed competition among ticket resale websites by restricting the secondary market for 49ers tickets to a Ticketmaster-run site until shortly before game day.
The D.C. Circuit on Thursday denied summary rulings sought by the U.S. Federal Communications Commission and Comcast Corp. in a broadcast discrimination dispute in which Tennis Channel Inc. alleged it was unfairly placed in a different programming package from the cable company’s affiliated sports networks.
A government contractor facing a $77.9 million forfeiture claim over bribery allegations urged a Washington, D.C., federal judge Thursday to toss the suit, arguing the federal government's clawback claim wrongly ignores a related Afghan legal decision that found no wrongdoing.
A former military unit commander who pled guilty to accepting more than $250,000 in gratuities from businessmen for favoring their companies during a U.S. Army contract award selection process while serving in Kuwait was sentenced by a Texas federal judge on Thursday to three years in prison, the Department of Justice announced.EXPERT ANALYSIS
The Senate's unanimous consent on the Criminal Antitrust Anti-Retaliation Act simply makes good on a promise that Congress made to consumers in the earliest enactments of antitrust legislation. The act, if passed by the House of Representatives, will help ensure compliance with existing competition law by protecting employees brave enough to report suspected antitrust violations, say Debra Katz and David Marshall of Katz Marshall & Banks LLP.LEGAL INDUSTRY
For Juanita Brooks, her representation of John DeLorean — whose iconic car-turned-time-machine appeared in “Back to the Future” — is a case she would not go back in time to change. And as the movie celebrates its 30th anniversary, the Law360 Trial Ace can reflect on a career in which she’s won almost all of her 140 trials.
Keeping partners content is essential to retaining vital talent and, consequently, to the broader success of a law firm. Here, experts offer tips on how leaders can contribute to partner satisfaction and minimize the chance they’ll jump ship when recruiters come knocking.
The fraud trial of Dewey & LeBoeuf LLP's former leaders was adjourned for the third straight day on Thursday as one juror called in sick, but the case is still expected to wrap well ahead of schedule.
The role of U.S. corporate counsel would be upended if the legal advice they gave wasn't subject to attorney-client privilege, yet in many countries, such communications are still treated as an open book. Here, Law360 takes a look at how some overseas courts are beginning to expand privilege for the in-house bar.
A team of Lone Star lawyers took down a Texas voter identification law in a closely watched Fifth Circuit decision, leading this week’s pack of legal lions. Our legal lambs include two state’s attorneys general who wound up on the wrong side of criminal indictments.
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