Recent Development in Antitrust and International Trade Law

FTC Challenges Hospira/Mayne Pharma Deal

January 18, 2007 at 1:54 pm

On January 18, the Commission announced its challenge to Hospira Inc.’s (“Hospira”) proposed $2 billion acquisition of rival drug manufacturer Mayne Pharma Ltd. (“Mayne”), along with an agreement and order requiring the companies to sell assets used to manufacture and supply five generic injectable pharmaceuticals in order for the transaction […]

FTC Provides Senate Testimony on Anticompetitive Patent Settlements in the U.S. Pharmaceutical Industry

January 17, 2007 at 1:52 pm

On January 17, testifying before the Senate Committee on the Judiciary on the subject of anticompetitive patent settlements in the U.S. pharmaceutical industry, FTC Commissioner Jon Leibowitz said that recent court cases have made it more difficult to bring antitrust cases to stop exclusion payment settlements between brand manufacturers and […]

FTC Receives Fifth Petition for Approval of Proposed Divestitures from SCI and Alderwoods Group

January 9, 2007 at 1:52 pm

On January 9, the Commission received a petition from Service Corporation International (SCI) and Alderwoods Group, Inc. seeking approval to divest the properties listed below under three sale agreements, to KAG, LLC, which, prior to the closing of the transaction, will be a subsidiary of NorthStar Memorial Group, LLC. The […]

FTC Sues Payment Processor That Took Millions From Consumers’ Bank Accounts Without Their Knowledge

January 8, 2007 at 6:18 pm

On January 8th, a payment processor violated federal law when it debited, or tried to debit, more than $9.9 million from consumers’ bank accounts – at $139 each – without their approval. According to a complaint the FTC filed in federal court, Nevada-based InterBill Ltd. acted on behalf of a […]

FTC Receives Fourth Petition for Approval of Proposed Divestiture from SCI and Alderwoods Group

January 5, 2007 at 1:51 pm

On January 5, the Commission received a petition from Service Corporation International (SCI) and Alderwoods Group, Inc. seeking approval to divest a range of funeral home and cemetery services companies. Through this petition, a public version of which can be found on the Commission’s Web site as a link to […]

Federal Trade Commission Reaches New Year’s Resolutions with Four Major Weight-Control Pill Marketers

January 4, 2007 at 6:13 pm

The FTC filed complaints on January 4th, in four separate cases alleging that weight-loss and weight-control claims were not supported by competent and reliable scientific evidence. Marketers of the four products -Xenadrine EFX, CortiSlim, TrimSpa, and One-A-Day WeightSmart -settled with the FTC, surrendered cash and other assets worth at least […]