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Approval sought for proposed $21M settlements with Citi, JPMorgan over alleged interest rate manipulation

FrontPoint Asian Event Driven Fund, Sonterra Capital Master Fund, Ltd., and Fund Liquidation Holdings LLC have asked the federal district court in New York City to grant preliminary approval to two proposed settlements that would resolve their putative class action antitrust

Charlotte’s Atrium Health agrees to scrap anti-steering provisions imposed on insurers

Atrium Health, the dominant hospital system in the Charlotte, North Carolina, area, has agreed to a settlement with the Department of Justice and the North Carolina Attorney General’s Office that will prohibit it from enforcing anticompetitive steering restrictions in

Commission finds that 1-800 Contacts harmed competition with restrictive Internet advertising settlements

In an Opinion of the Commission that largely affirms an earlier ruling by FTC Chief Administrative Law Judge (ALJ) D. Michael Chappell, a divided Commission has determined that restrictive advertising litigation settlement agreements that 1-800 Contacts entered into with com

Six broadcast TV companies settle DOJ’s antitrust charges

The Department of Justice has reached a settlement with six broadcast television companies to resolve a lawsuit alleging that the companies engaged in unlawful agreements to share non-public competitively sensitive advertising market information with their broadcast televisi

$300 million awarded to attorneys after mega-settlement of foreign exchange rate price fixing claims

The federal district court in New York City has approved an attorney fees award of just over $300 million to counsel for a class of consumers who recently entered into settlements of foreign exchange rate price fixing claims against numerous major international banks and fin

FTC gets TRO against ‘Sanctuary Belize luxury real estate scheme’

At the FTC’s request, a federal district court in Maryland has issued an order temporarily shutting down a fraudulent scheme, targeted to potential retirees, deceptively marketing interests in a luxury real estate development in Belize, the FTC has annou

FTC gets TRO against ‘Sanctuary Belize luxury real estate scheme’

At the FTC’s request, a federal district court in Maryland has issued an order temporarily shutting down a fraudulent scheme, targeted to potential retirees, deceptively marketing interests in a luxury real estate development in Belize, the FTC has annou

EC conditionally approves BMW/Daimler joint ventures for car-sharing, ride-hailing

Auto makers BMW AG and Daimler AG have been given the green light from the European Commission (EC) to proceed with a series of joint ventures that will bring together the two companies’ so-called mobility services. The joint ventures focus on five business fields: (1)

EC approves Disney’s proposed acquisition of Fox studios and cable television business

The European Commission (EC) has approved the proposed acquisition of parts of Twenty-First Century Fox by Disney, in light of Disney’s commitment to divest its "factual channels," such as the History and Lifetime channels. Because the proposed transaction wo

Claims that Sanofi improperly listed patent, engaged in sham litigation fail again

A federal district court in Boston has again rejected claims that drug manufacturer Sanofi-Aventis U.S. LLC improperly listed a patent in the FDA Orange Book and engaged in sham litigation for protection of its patents. It is not clear from FDA guidance whether drug delivery

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