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GLG News by FTC Antitrust Experts: Lawyers

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October 3, 2008
Free Markets Work When Properly Regulated
Analysis of: Everybody Calm Down. A Government Hand In the Economy Is as Old as the Republic. | www.washingtonpost.com
Author: GLG Expert Contributor
Markets cannot exist without trust.  Unfortunately, the financial markets that are in trouble were structured in ways that created irresistible temptations for abuse and promoted the creation of systemic risks that now threaten the US and Global economies.      &n...
September 18, 2008
Preemption is Blooming
Analysis of: No Redemption for Preemption | www.huffingtonpost.com
Author: GLG Expert Contributor
Preemption of state and federal regulation has become one of the most significant judicial consequences of the Bush era appointments to the federal courts.  The decisions of the Supreme Court and lower federal courts have narrowed the ability of state courts, state agencies...
July 19, 2007
Growing merchant opposition to interchange
Analysis of: Warning: Merchants turning up the heat on interchange | www.greensheet.com
Author: GLG Expert Contributor
July 19 the House Judiciary Committee will hold hearings on credit card interchange fees.  Will these hearings lead to renewed antitrust enforcement?  Will the card associations provide a strong justification for interchange?  How will Congressmen respond to the fact that interchange...
June 20, 2007
Whole Food's Statements Create Difficulties for the Wild Oats Deal
Analysis of: Whole Foods CEO Talked of "Eliminating" Rivalsl | seattletimes.nwsource.com
Author: Jeffrey Aaronson, Partner, Bell Boyd & Lloyd LLP
  The FTC's recently released unredacted version of the complaint against Whole Foods adds some spice to the case and helps explain the thinking behind bringing the case. In the unredacted material, Whole Foods' CEO John Mackey explained to the Whole Foods board that part of the rationale for acquiring...
March 29, 2007
Antitrust: Revolution in the Supreme Court or Chipping Away at the Margins?
Analysis of: Antitrust laws take a beating from Supreme Court | www.chron.com
Author: GLG Expert Contributor
The Supreme Court has chosen to grant review on several antitrust cases in the last couple of years and has generally expressed skepticism at per se approaches in favor of a more nuanced, supposedly fact-based approach.  Some of these cases involved quite narrow or specific factual circumstances,...
January 22, 2007
Proposed Legislation on Drug Patent Settlements
Analysis of: Proposed Legislation on Drug Patent Settlements | judiciary.senate.gov
Author: GLG Expert Contributor
Drug litigation between innovator and generic firms is a fact of life.  The FTC has increased its antitrust challenges to the settlement of these cases, and Congress seeks to ban certain types of these settlements.
November 7, 2006
Antitrust analysis is likely to proceed but clearance with only potential commitments to treat other pharmacies fairly is likely
Analysis of: CVS Buying Caremark for About $21.2B | biz.yahoo.com
Author: GLG Expert Contributor
This merger is likely to attract a thorough antitrust review by the FTC because of that agency's concern with pharmaceutical sales and distribution generally, the magnitude of the transaction, and the fact that it may be a harbinger of future transactions of a similar nature.  The antitrust bar...
November 7, 2006
Treble damages in Rico suits intended as deterrent and to stimulate enforcement
Analysis of: Vivendi sues T-Mobile for fraud | www.ft.com
Author: GLG Expert Contributor
The question has been asked about the reasons behind treble (triple) damages in RICO private lawsuits.  The reasons were borrowed from antitrust law although damage calculations and determinations of injury are different.
October 31, 2006
Antitrust analysis alone would be unlikely to affect this deal but politics might
Analysis of: NFU Meets with DOJ on Smithfield Acquisition | www.wisconsinagconnection.com
Author: GLG Expert Contributor
The DOJ will conduct a thorough review of this proposed merger, as the parties have clearly expected and several influential midwestern Senators have virtually demanded by threatening to hold hearings of their own.  At most this appears to be a borderline situation that would be unlikely to lead...

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