Antitrust & Trade Regulation Updates – May 23, 2012

by Howard Ullman on 5/21/2012

I recently stumbled upon this YouTube video from “Fair Fight in the Marketplace.” This segment shows the real story of the Archer Daniels Midland (ADM) price-fixing case, the basis for the movie “The Informant!“, and...more

by McDermott Will & Emery on 5/21/2012

Failing to comply with premerger document disclosure rules can lead to civil and criminal penalties for companies and their executives. On May 3, 2012, Kyoungwon Pyo, a senior executive at Hyosung Corporation, agreed to...more

by John Boscariol on 5/20/2012

Importers in the retail and consumer products sectors should be carefully reviewing their trade compliance policies and procedures as Canada Border Services Agency (CBSA) is scrutinizing customs compliance in a number of...more

by King & Spalding on 5/18/2012

The World Trade Organization’s (“WTO”) Dispute Settlement Body (“DSB”) last month accepted a U.S. request to establish a compliance panel in the case European Communities — Measures Affecting Trade in Large Civil Aircraft,...more

by Bloomberg Law on 5/17/2012

May 17 (Bloomberg Law) -- Last week JP Morgan Chase acknowledged a trading loss of at least $2 billion, fueling calls by some observers for more regulation of financial institutions. Chris Whalen, a Senior Managing Director...more

by Foley Hoag LLP - Trademark, Copyright &... on 5/17/2012

After much hype on Twitter regarding an action against a “major marketer of consumer goods,” the Federal Trade Commission today announced that it has settled with Skechers USA, Inc. over allegedly deceptive claims that the...more

by Cullen and Dykman LLP on 5/17/2012

The Federal Trade Commission (“FTC”) announced that sneaker manufacturer Skechers has agreed to pay $40 million to purchasers of its Shape-Ups, Resistance Runner, Toners, and Tone-ups shoes. The settlement represents the...more

by Howard Ullman on 5/16/2012

Today (May 15), the Southern District of New York (Cote, J.) refused to dismiss the class plaintiffs’ antitrust claims against Apple and the e-book sellers. See In re: Electronic Books Antitrust Litigation, Case No....more