Competition law

DGAP-News: Willkie Farr & Gallagher LLP: Willkie advises 3i Group plc on the investment in MAIT GmbH

Wednesday, August 4, 2021 - 8:54pm

Willkie Farr & Gallagher LLP: Willkie advises 3i Group plc on the investment in MAIT GmbH

Key Points: 
  • Willkie Farr & Gallagher LLP: Willkie advises 3i Group plc on the investment in MAIT GmbH
    The issuer is solely responsible for the content of this announcement.
  • Willkie Farr & Gallagher LLP advised 3i Group plc ("3i") on their investment in MAIT GmbH ("MAIT"), a leading provider of innovative and pioneering digital solutions in the DACH region.
  • MAIT Group, headquartered in Rottweil, Germany, provides innovative and pioneering digital solutions in product lifecycle management ("PLM"), enterprise resource planning ("ERP") and IT services generating approx.
  • 3i is an investment company with two complementary businesses, Private Equity and Infrastructure, specializing in core investment markets in Northern Europe and North America.

FTC to Ramp Up Law Enforcement Against Illegal Repair Restrictions

Saturday, July 24, 2021 - 10:07pm

The Federal Trade Commission today unanimously voted to ramp up law enforcement against repair restrictionsthat prevent small businesses, workers, consumers, and even government entities from fixing their own products.

Key Points: 
  • The Federal Trade Commission today unanimously voted to ramp up law enforcement against repair restrictionsthat prevent small businesses, workers, consumers, and even government entities from fixing their own products.
  • By enforcing against restrictions that violate antitrust or consumer protection laws, the Commission is taking important steps to restore the right to repair.
  • The FTC has a range of tools it can use to root out unlawful repair restrictions, and todays policy statement would commit us to move forward on this issue with new vigor.
  • In the policy statement, the Commission said it would target repair restrictions that violate antitrust laws enforced by the FTC or the FTC Acts prohibitions on unfair or deceptive acts or practices.

FTC to Ramp Up Law Enforcement Against Illegal Repair Restrictions

Saturday, July 24, 2021 - 10:06pm

The Federal Trade Commission today unanimously voted to ramp up law enforcement against repair restrictionsthat prevent small businesses, workers, consumers, and even government entities from fixing their own products.

Key Points: 
  • The Federal Trade Commission today unanimously voted to ramp up law enforcement against repair restrictionsthat prevent small businesses, workers, consumers, and even government entities from fixing their own products.
  • By enforcing against restrictions that violate antitrust or consumer protection laws, the Commission is taking important steps to restore the right to repair.
  • The FTC has a range of tools it can use to root out unlawful repair restrictions, and todays policy statement would commit us to move forward on this issue with new vigor.
  • In the policy statement, the Commission said it would target repair restrictions that violate antitrust laws enforced by the FTC or the FTC Acts prohibitions on unfair or deceptive acts or practices.

FTC to Ramp Up Law Enforcement Against Illegal Repair Restrictions

Saturday, July 24, 2021 - 10:06pm

The Federal Trade Commission today unanimously voted to ramp up law enforcement against repair restrictionsthat prevent small businesses, workers, consumers, and even government entities from fixing their own products.

Key Points: 
  • The Federal Trade Commission today unanimously voted to ramp up law enforcement against repair restrictionsthat prevent small businesses, workers, consumers, and even government entities from fixing their own products.
  • By enforcing against restrictions that violate antitrust or consumer protection laws, the Commission is taking important steps to restore the right to repair.
  • The FTC has a range of tools it can use to root out unlawful repair restrictions, and todays policy statement would commit us to move forward on this issue with new vigor.
  • In the policy statement, the Commission said it would target repair restrictions that violate antitrust laws enforced by the FTC or the FTC Acts prohibitions on unfair or deceptive acts or practices.

Former Israel Antitrust Commissioner to Israel's Competition Authority that approved controversial merger of Unilever and Ben & Jerry's in Israel says: "Unilever Global's Ben and Jerry's announcement to end sales is illegal."

Thursday, July 22, 2021 - 11:24pm

Violation of these merger decision terms is considered a grave violation of Israel Competition Law and hold the same status as a legal decree.

Key Points: 
  • Violation of these merger decision terms is considered a grave violation of Israel Competition Law and hold the same status as a legal decree.
  • Dror Strum was the Head of the Competition Authority and the Antitrust Commissioner that approved the merger 20 years ago.
  • In his letter to Michal Halperin, the current head of the Israeli Competition Authority, Strum explained that acquisition of Ben & Jerry's Global by Unilever Global in 2001 raised significant difficulties in Israel.
  • "Strum has sent a written notice to Ben & Jerry's Global, warning them they are violating the Israeli Competition Law and the terms of the merger.

Illumina is Committed to Bringing Lifesaving GRAIL Test to People Globally as European Review Process Enters Second Phase

Thursday, July 22, 2021 - 5:49pm

We look forward to presenting our position during the Phase II process, said Charles Dadswell, General Counsel for Illumina.

Key Points: 
  • We look forward to presenting our position during the Phase II process, said Charles Dadswell, General Counsel for Illumina.
  • Illumina is also challenging the ECs jurisdiction to investigate the transaction under Article 22 of the European Union (EU) Merger Regulation.
  • Illumina has filed an action in the General Court of the EU seeking annulment of the ECs jurisdiction to review the acquisition.
  • Illuminas re-acquisition of GRAIL means that millions of citizens across the European Economic Area (EEA) will be able to access life-saving early cancer screening years sooner.

Keller Lenkner LLC Appointed Co-Lead Class Counsel in 'Most Favored Nation' Antitrust Class Action Against Amazon

Wednesday, July 21, 2021 - 6:35pm

CHICAGO, July 21, 2021 /PRNewswire/ -- National plaintiffs' law firm Keller Lenkner LLC has been appointed Interim Co-Lead Class Counsel by Judge Ricardo S. Martinez in De Coster et al.

Key Points: 
  • CHICAGO, July 21, 2021 /PRNewswire/ -- National plaintiffs' law firm Keller Lenkner LLC has been appointed Interim Co-Lead Class Counsel by Judge Ricardo S. Martinez in De Coster et al.
  • v. Amazon.comInc.an antitrust class action on behalf of Amazon customers who paid inflated prices because of the 'most favored nation' pricing restrictions the tech giant imposed on third-party merchants.
  • Given the scale of this antitrust violation, the suit has the potential to be one of the largest antitrust cases in history," said Keller Lenkner Partner Zina Bash , who leads the Keller Lenkner team in this matter.
  • ABOUT KELLER LENKNER: Keller Lenkner LLC represents plaintiffs in complex litigation matters in federal and state courts throughout the nation.

SEOHost.Net Principal: The French Antitrust Case Against Google Could Have Significant Ramifications For SEO

Tuesday, July 20, 2021 - 8:00am

The settlement, which included a fine of $268 million, is meant to put power back in the hands of publishers.

Key Points: 
  • The settlement, which included a fine of $268 million, is meant to put power back in the hands of publishers.
  • And though it may not have any immediate impact, French authorities hope their success here inspires similar antitrust cases elsewhere in the world.
  • Regulators maintained that Google failed to comply with orders regarding negotiation with France's news publishers amidst a copyright dispute.
  • Even in the short-term, the notion that Google might be violating copyright law with some of its functionality is significant."

FTI Consulting and Global Competition Review Release Survey Examining the Future of Competition Law

Tuesday, July 13, 2021 - 12:30pm

WASHINGTON, July 13, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the release of its Technology segments joint survey with Global Competition Review.

Key Points: 
  • WASHINGTON, July 13, 2021 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the release of its Technology segments joint survey with Global Competition Review.
  • Key findings from the report include:
    57% of respondents agreed that antitrust compliance has become more challenging during remote working.
  • To read the full results, download Global Competition Review Investigations, Data and Compliance here .
  • The data contained in the report was derived from a global online quantitative survey run from November 2020 to January 2021 on Global Competition Review .

Cadence Announces Second Quarter 2021 Financial Results Webcast

Friday, July 9, 2021 - 9:05pm

Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its second quarter 2021 financial results webcast on Monday, July 26, 2021.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its second quarter 2021 financial results webcast on Monday, July 26, 2021.
  • The webcast will begin Monday, July 26, 2021 at 2:00 p.m. Pacific Time.
  • An archive of the webcast will be available online from 5:00 p.m. Pacific Time on July 26, 2021 until 5:00 p.m. Pacific Time on Friday, September 17, 2021, at cadence.com/cadence/investor_relations .
  • Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.