The Federal Trade Commission is closing out the year with vigorous enforcement of the Hart Scott Rodino Antitrust Improvements Act of 1976 (“HSR Act”) by imposing fines totaling nearly $2 million. On December 22, 2021, the...more
In broad language, a Third Circuit panel affirmed a district court’s dismissal of a monopoly suit against Uber Technologies Inc. (“Uber”). Philadelphia Taxi Association Inc. v. Uber Technologies Inc., Case No. 17-1871 (3rd...more
Last week a Delaware federal district court unsealed its earlier opinion blocking the merger of two radioactive waste disposal companies. The court rejected the parties’ failing firm defense, citing the merger agreement’s “no...more
7/22/2017
/ Antitrust Provisions ,
Corporate Counsel ,
Defense Strategies ,
Delaware General Corporation Law ,
Department of Justice (DOJ) ,
Good Faith ,
Hazardous Waste ,
Merger Agreements ,
Mergers ,
Motion To Enjoin ,
No Shop Clauses
The Department of Justice (“DOJ”) announced this week that an activist investment manager has agreed to pay a record $11 million to settle allegations that it violated the requirements of the Hart-Scott-Rodino Antitrust...more
7/14/2016
/ Baker Hughes ,
Corporate Counsel ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Halliburton ,
Hart-Scott-Rodino Act ,
Investment Funds ,
Investment-Only Exemption ,
Investors ,
Popular ,
Reporting Requirements
Eighteen months after the deal was first announced, Sysco Corporation (“Sysco”) and US Foods, Inc. (“USF”) abandoned their $3.5 billion merger following the Federal Trade Commission’s (the “FTC” or “Commission”) decisive...more
7/8/2015
/ Corporate Counsel ,
Distributors ,
Divestiture ,
Federal Trade Commission (FTC) ,
Food Supply ,
Mergers ,
Preliminary Injunctions ,
Sysco ,
Trucking Industry ,
US Foods ,
Young Lawyers
The Federal Trade Commission (“FTC” or “Commission”) filed an administrative complaint last week challenging the proposed $1.9 billion merger of Steris Corporation (“Steris”) and Synergy Health plc (“Synergy”), charging that...more
On August 5, 2014, the Tenth Circuit Court of Appeals reinstated claims of monopolization and attempted monopolization under Section 2 of the Sherman Act brought by a manufacturer of surgical bone mills against a competitor. ...more