Competition law

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Live Nation Entertainment, Inc. (LYV) Investors

Retrieved on: 
Friday, August 4, 2023

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Live Nation Entertainment, Inc. (“Live Nation” or the “Company”) (NYSE: LYV ) securities between February 23, 2022 and July 28, 2023, inclusive (the “Class Period”).

Key Points: 
  • Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Live Nation Entertainment, Inc. (“Live Nation” or the “Company”) (NYSE: LYV ) securities between February 23, 2022 and July 28, 2023, inclusive (the “Class Period”).
  • Live Nation investors have until October 3, 2023 to file a lead plaintiff motion.
  • Investors suffering losses on their Live Nation investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected] .
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

LYV INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces Live Nation Entertainment, Inc. Investors with Substantial Losses Have Opportunity to Lead the Live Nation Class Action Lawsuit

Retrieved on: 
Friday, August 4, 2023

), the Live Nation class action lawsuit charges Live Nation and certain of its top executive officers with violations of the Securities Exchange Act of 1934.

Key Points: 
  • ), the Live Nation class action lawsuit charges Live Nation and certain of its top executive officers with violations of the Securities Exchange Act of 1934.
  • Lead plaintiff motions for the Live Nation class action lawsuit must be filed with the court no later than October 3, 2023.
  • The lead plaintiff can select a law firm of its choice to litigate the Live Nation class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Live Nation class action lawsuit.

Latham & Watkins Launches Virtual Experience Program on Capital Markets Law

Retrieved on: 
Tuesday, June 20, 2023

NEW YORK, June 20, 2023 /PRNewswire/ -- Latham & Watkins LLP1 has launched the firm's newest Virtual Experience Program (VEP) on capital markets law. The free virtual program gives the business, academic, and legal communities the opportunity to represent the underwriters in an initial public offering (IPO), while learning about the nature of work at a global law firm. Participants will review corporate records, prepare an auditor "circle-up" on financial metrics, draft a principal stockholder table, and review a lock-up agreement in connection with an IPO.

Key Points: 
  • NEW YORK, June 20, 2023 /PRNewswire/ -- Latham & Watkins LLP1 has launched the firm's newest Virtual Experience Program (VEP) on capital markets law.
  • This program highlights the critical role capital markets lawyers play in supporting clients' growth and success, from IPO through their life as a public company.
  • The Capital Markets VEP launch marks Latham's eighth program on Forage, an innovative, open-access platform connecting users with companies and law firms.
  • To learn more about our Capital Markets Practice and careers at Latham, visit lwcareers.com.

Renowned MIT Economist Dr. Richard Schmalensee Joins BRG's Antitrust & Competition Policy Practice as Senior Advisor

Retrieved on: 
Tuesday, April 18, 2023

BOSTON, April 18, 2023 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today the appointment of Dr. Richard "Dick" Schmalensee as a senior advisor to the firm's Antitrust & Competition Policy practice.

Key Points: 
  • BOSTON, April 18, 2023 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today the appointment of Dr. Richard "Dick" Schmalensee as a senior advisor to the firm's Antitrust & Competition Policy practice.
  • Schmalensee joins BRG's world-leading antitrust and competition practice on the heels of high-profile appointments including renowned experts Dr. David S. Evans and Dr. Rosa M. Abrantes-Metz , and the September appointment of distinguished antitrust economist Dr. David Sunding .
  • Schmalensee is the Dean, Emeritus, of the MIT Sloan School of Management, and Howard W. Johnson Professor of Management and Professor of Economics, Emeritus, at MIT.
  • "Professor Schmalensee is one of the foremost academics in the application of economics to competition policy issues.

Financial Economist Dr. Albert Metz Joins BRG as Managing Director

Retrieved on: 
Wednesday, April 12, 2023

NEW YORK , April 12, 2023 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today that financial economist and econometrician Dr. Albert Metz has joined the firm's New York office as a managing director in its Antitrust & Competition Policy and Financial Services Litigation & Investigations groups.

Key Points: 
  • NEW YORK , April 12, 2023 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today that financial economist and econometrician Dr. Albert Metz has joined the firm's New York office as a managing director in its Antitrust & Competition Policy and Financial Services Litigation & Investigations groups.
  • His experience spans numerous industries with a focus on cryptocurrencies, multisided transaction platforms, insurance, healthcare, telecom, real estate, and financial institutions.
  • Metz has worked on behalf of the U.S. Department of Justice and the U.S. Federal Trade Commission.
  • Prior to becoming a consultant, Metz was the Managing Director of the Global Methodology Development Group at Moody's Investors Service with responsibility for developing all credit rating models and methodologies.

Milbank Adds Leading Antitrust Partners Rich Parker and Grant Bermann in DC

Retrieved on: 
Tuesday, April 11, 2023

WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.

Key Points: 
  • WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.
  • "Rich is a luminary in the antitrust bar, and Grant has emerged as a leader in the field.
  • The addition of Mr. Parker and Mr. Bermann closely follows the arrival of other leading lawyers to Milbank's Global Antitrust and Competition group.
  • Mr. Parker joins Milbank from Gibson, Dunn & Crutcher LLP, where he was a member of the Antitrust and Competition practice.

Milbank Adds Leading Antitrust Partners Rich Parker and Grant Bermann in DC

Retrieved on: 
Tuesday, April 11, 2023

WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.

Key Points: 
  • WASHINGTON, April 11, 2023 /PRNewswire/ -- Milbank LLP recently welcomed Richard G. Parker and Grant A. Bermann as partners in Washington, DC, further strengthening the firm's Global Antitrust and Competition group with a leading US antitrust team.
  • "Rich is a luminary in the antitrust bar, and Grant has emerged as a leader in the field.
  • The addition of Mr. Parker and Mr. Bermann closely follows the arrival of other leading lawyers to Milbank's Global Antitrust and Competition group.
  • Mr. Parker joins Milbank from Gibson, Dunn & Crutcher LLP, where he was a member of the Antitrust and Competition practice.

National Grocers Association Ad Calls out Power Buyers

Retrieved on: 
Wednesday, March 29, 2023

But in today’s marketplace, just four big chains control 69 percent of the market share, and they systematically use their power to push smaller competitors out of business.

Key Points: 
  • But in today’s marketplace, just four big chains control 69 percent of the market share, and they systematically use their power to push smaller competitors out of business.
  • They not only set favorable terms for themselves, but they also effectively ensure that smaller grocers pay more and get less.
  • “Independent grocers have been feeling the financial squeeze from these anti-competitive tactics for far too long.
  • The ad opens with an independent grocer saying, “This is the only place you can buy fresh groceries for 20 to 30 miles.” A narrator in the ad follows with, “Independent grocers are the backbone of countless communities.

Charles River Associates (CRA) Announces Vice President Promotions

Retrieved on: 
Tuesday, March 28, 2023

Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services , today announced the promotions of six new vice presidents.

Key Points: 
  • Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services , today announced the promotions of six new vice presidents.
  • Sean Sheridan in CRA’s Intellectual Property Practice, Eddie Li , Erika Sloan , and Griff Vinton in CRA’s Life Sciences Practice, and Uğur Akgün and Vicki Mertzanidou in CRA’s Antitrust & Competition Economics Practice, have been promoted to the level of vice president.
  • Eddie Li regularly leverages various data sources, including pharmacy and medical claims, affiliations, prescriptions, and sales/marketing data to inform commercial strategy.
  • Dr. Uğur Akgün specializes in applying the most advanced economic theory in merger, abuse of dominance, and dispute cases.

Wish to Return to App Stores and Search Engines in France

Retrieved on: 
Tuesday, March 14, 2023

SAN FRANCISCO, March 14, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced that the French regulator DGCCRF (Directorate General for Competition Policy, Consumer Affairs and Fraud Control) has lifted its delisting measure against Wish, allowing the online marketplace to return to app stores and search engines in France.

Key Points: 
  • SAN FRANCISCO, March 14, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced that the French regulator DGCCRF (Directorate General for Competition Policy, Consumer Affairs and Fraud Control) has lifted its delisting measure against Wish, allowing the online marketplace to return to app stores and search engines in France.
  • Users in France are once again able to download and update the Wish app from Google Play, as well as navigate to the website directly from search engines.
  • Wish also hopes to return to the App Store within the coming days.
  • “Procedures are now underway to return Wish to the search engines and app stores in France.