Jurisdiction: US

On 18 July 2012, the US Consumer Financial Protection Bureau (CFPB) announced that it had reached a settlement with Capital One Bank (USA) (Capital One) in relation to alleged misleading or deceptive conduct in credit...

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The FTC has withdrawn a 2003 policy statement that limited equitable monetary remedies for antitrust contraventions to only “exceptional cases”.  In a 4-1 decision on 31 July 2012 , the FTC has said it will...

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Spiderman caught in a web of antitrust

May 31, 2012 | 0 Comments

Producers of the most expensive show in Broadway history, Spider-Man: Turn off the Dark, have filed a lawsuit against the musical’s former (Tony Award-winning) director Julie Taymor. The plaintiffs, 8 Legged Productions, have alleged that...

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On 17 January 2012, the Amsterdam Court of Appeal declared an international collective settlement binding in the Converium/SCOR securities class action – the first such case settled on a Trans-Atlantic basis. In addition to showing...

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Once Kellogg’s pops it can’t stop!

May 30, 2012 | 0 Comments

After announcing in February that it would acquire potato chip business Pringles for US$2.7 billion, Kellogg’s received clearance for its acquisition by the European Commission. The sale not only adds Pringles to the Kellogg’s store cupboard,...

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The ongoing investigation into the global automotive parts cartel is considered to be the largest in history. At this stage the regulators investing the alleged cartel conduct include the US’ Department of Justice (DoJ), the...

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Four years in jail for price fixing

May 9, 2012 | 0 Comments

A US appeal court has upheld a decision to impose the harshest jail sentence ever imposed on a cartelist, by affirming a four-year term for Steven VandeBrake’s participation in a price-fixing cartel. The US District...

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On 13 January 2012, Mega Brands (“Mega”) filed an antitrust action against its competitor, Lego, in the Los Angeles federal district court, alleging anticompetitive behaviour in the construction toys market. Mega’s action makes a number...

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Two years since first attempting to trade slots at New York LaGuardia and Washington National airports, US Airways and Delta Airlines are still waiting for approval from the United States Department of Justice (DoJ). The...

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