Sherman Antitrust Act of 1890

Antitrust by association(s)

Retrieved on: 
Saturday, January 21, 2023

Nevertheless, their activities have sometimes involved them in practices which have been condemned by the courts as violations of the antitrust laws.

Key Points: 
  • Nevertheless, their activities have sometimes involved them in practices which have been condemned by the courts as violations of the antitrust laws.
  • Today’s trade associations typically serve many legitimate purposes, and from an antitrust perspective, most trade association activities are procompetitive or benign.
  • Trade association conduct or rules that restrict competition in a way that harms consumers will continue to invite antitrust scrutiny.
  • As the FTC celebrates its centennial year, it’s worth recalling old-time antitrust principles that still guide modern-day trade group collaboration.

Teva Finalizes Nationwide Opioid Settlement Terms

Retrieved on: 
Tuesday, November 22, 2022

Given the high participation rate in other nationwide opioids settlements -- and Teva’s settlements with Texas, Florida, Louisiana, Rhode Island, West Virginia, San Francisco and New York -- we remain optimistic that a high participation rate in this nationwide settlement will be achieved, enabling us to put these cases behind us and continue to focus on the patients we serve every day.

Key Points: 
  • Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA), announced today that the company has finalized the documentation of its proposed nationwide opioid settlement with both the working group of States Attorneys General and the Multi-District Litigation Plaintiffs Executive Committee.
  • Allergan has also finalized its settlement terms.
  • As announced during the Companys third quarter earnings call, Teva and Allergan have resolved their dispute with respect to Teva's indemnification obligations.
  • Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) has been developing and producing medicines to improve peoples lives for more than a century.

Hagens Berman: Wage-Fixing Lawsuit Affecting Hundreds of Thousands of Workers Aimed at Meat Processing Industry

Retrieved on: 
Monday, November 21, 2022

Affected employees include those who have occupied various positions along processing lines, including slaughtering and aging, cutting and further processing, repairing processing machines, and supervising processing lines.

Key Points: 
  • Affected employees include those who have occupied various positions along processing lines, including slaughtering and aging, cutting and further processing, repairing processing machines, and supervising processing lines.
  • The lawsuit follows Hagens Bermans successful case regarding similar claims in the poultry industry which recovered so far $195 million in compensation for wage-fixing.
  • Hundreds of thousands of workers have been harmed through this yearslong scheme to suppress wages, said Steve Berman, managing partner at Hagens Berman representing the proposed class of consumers.
  • Our firm has secured $195 million in the poultry processing industry for the same antitrust behavior.

Hagens Berman: Downtown Seattle Renters Sue Leasing Companies for Allegedly Illegally Inflating Rents in City’s Densest Neighborhoods

Retrieved on: 
Tuesday, November 15, 2022

Renters in Seattles downtown core have filed a class-action lawsuit accusing 10 major leasing companies of an unlawful agreement to artificially inflate the price of residential real estate in the area, driving up rents in some of Seattles densest neighborhoods, according to Seattle law firm Hagens Berman.

Key Points: 
  • Renters in Seattles downtown core have filed a class-action lawsuit accusing 10 major leasing companies of an unlawful agreement to artificially inflate the price of residential real estate in the area, driving up rents in some of Seattles densest neighborhoods, according to Seattle law firm Hagens Berman.
  • The class action accuses 10 local leasing companies of engaging in a scheme involving RealPage Inc., a third-party that connected the housing companies to real-time algorithm-driven shared data.
  • If you currently rent a Seattle apartment maintained by one these companies or did so since 2010, you may have paid artificially inflated rent prices and may be affected.
  • The lawsuit states the price-fixing affected the central neighborhoods of Seattle, including Downtown Seattle, Capitol Hill, the Central District, South Lake Union and Queen Anne, which include most of the citys densest neighborhoods.

FTC Restores Rigorous Enforcement of Law Banning Unfair Methods of Competition

Retrieved on: 
Friday, November 11, 2022

The Federal Trade Commission issued a statement today that restores the agencys policy of rigorously enforcing the federal ban on unfair methods of competition.

Key Points: 
  • The Federal Trade Commission issued a statement today that restores the agencys policy of rigorously enforcing the federal ban on unfair methods of competition.
  • When Congress created the FTC, it clearly commanded us to crack down on unfair methods of competition, said FTC Chair Lina M. Khan.
  • Section 5 of the FTC Act bans unfair methods of competition and instructs the Commission to enforce that prohibition.
  • And it shows how the Commission will police the boundary between fair and unfair competition through both enforcement and rulemaking.

FTC Restores Rigorous Enforcement of Law Banning Unfair Methods of Competition

Retrieved on: 
Friday, November 11, 2022

The Federal Trade Commission issued a statement today that restores the agencys policy of rigorously enforcing the federal ban on unfair methods of competition.

Key Points: 
  • The Federal Trade Commission issued a statement today that restores the agencys policy of rigorously enforcing the federal ban on unfair methods of competition.
  • When Congress created the FTC, it clearly commanded us to crack down on unfair methods of competition, said FTC Chair Lina M. Khan.
  • Section 5 of the FTC Act bans unfair methods of competition and instructs the Commission to enforce that prohibition.
  • And it shows how the Commission will police the boundary between fair and unfair competition through both enforcement and rulemaking.

Hagens Berman: College Student Renters Take on Mega Property Management Companies in New Antitrust Class-Action Lawsuit

Retrieved on: 
Wednesday, November 2, 2022

Attorneys at Hagens Berman today filed a lawsuit against some of the nations largest U.S. housing managers on behalf of college student renters who accuse the companies of price-fixing rents for apartments in student housing markets across the country.

Key Points: 
  • Attorneys at Hagens Berman today filed a lawsuit against some of the nations largest U.S. housing managers on behalf of college student renters who accuse the companies of price-fixing rents for apartments in student housing markets across the country.
  • RealPage specifically designed an algorithm for the student housing market, called YieldStar Student, to help lessors maximize revenue by raising rent prices that they charged students, according to the lawsuit.
  • Defendants include Greystar Real Estate Partners LLC, Cushman & Wakefield Inc., BH Management Services, LLC, Campus Advantage Inc., Cardinal Group Holdings LLC, CA Ventures Global Services LLC, D.P.
  • The new lawsuit isnt the first time Hagens Berman has fought for the rights of college students.