On October 19, 2022, the Antitrust Division of the Department of Justice (“DOJ”) issued a press release heralding the resignation of seven directors from ten companies’ boards of directors in response to the government’s...more
11/3/2022
/ Acquisition Agreements ,
Anti-Competitive ,
Antitrust Division ,
Antitrust Provisions ,
Antitrust Violations ,
Bright-Line Rule ,
Competition ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Interlocking Directorate ,
Section 8 ,
Sherman Act ,
Spinoffs ,
The Clayton Act
On April 14, 2022, a Texas jury returned five not-guilty verdicts on six charges considered in the first federal criminal wage-fixing prosecution. A day later, on April 15, 2022, a Colorado federal jury entirely acquitted...more
4/21/2022
/ Anti-Competitive ,
Antitrust Division ,
Antitrust Violations ,
Department of Justice (DOJ) ,
Employer Liability Issues ,
Enforcement Actions ,
Healthcare ,
Hiring & Firing ,
No-Poaching ,
Wage and Hour ,
Wage-Fixing
Antitrust enforcement against physicians and hospitals is common, but criminal antitrust prosecutions of health care providers are very rare. There were none for over 50 years, between 1940 and 1990. The Antitrust Division...more
U.S. antitrust enforcers continue to seek stiff penalties from companies that commit “gun jumping” by closing certain securities transactions without reporting them to the Federal Trade Commission (FTC) and United States...more
9/4/2019
/ Antitrust Provisions ,
Antitrust Violations ,
Corporate Sales Transactions ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Gun-Jumping ,
Hart-Scott-Rodino Act ,
Pre-Merger Filing Requirements ,
Securities Transactions ,
Waiting Periods
On April 23, a federal court in Rhode Island fired a warning shot over the bow of dominant health insurers across the country, holding that a refusal to negotiate in good faith with a healthcare provider that focuses...more