Recent Development in Antitrust and International Trade Law

E.U. COMMISSION FINES FLAT-GLASS PRICE-FIXING CARTEL

November 18, 2007 at 3:47 pm

On November 28, 2007, the European Commission (“the Commission”) applied the 2006 Guidelines on Fines for only the second time, fining four companies a total of €486.9 million ($720 million). Asahi, Guardian, Pilkington and Saint-Gobain (“the Parties”) were fined for participating in a flat-glass price-fixing cartel that organized price increases, […]

FTC ENTERS INTO A SETTLEMENT REGARDING SCHERING-PLOUGH’S ACQUISITION OF ORGANON BIOSCIENCES N.V.

November 16, 2007 at 10:16 am

On November 16, 2007, the Federal Trade Commission entered into a settlement regarding Schering-Plough Corporation’s proposed $14.4 billion acquisition of Organon BioSciences N.V. from Akzo-Nobel N.V. The FTC alleges that the deal harms competition in the U.S. markets for the manufacture and development of three poultry vaccines. In settling the […]

GUILTY PLEA IN BID RIGGING AND FRAUD AT NEW YORK PRESBYTERIAN HOSPITAL

November 10, 2007 at 10:23 am

On November 7, 2007, the Department of Justice announced that Mister A.C. Ltd. (Mister A.C.), a Rockville Center, N.Y. heating, ventilation and air conditioning (HVAC) services company and its owner, Michael Vignola, pleaded guilty in U.S. District Court in Manhattan for rigging bids to NYPH from approximately 2002 until January […]

GUILTY PLEA IN BID RIGGING AND FRAUD AT NEW YORK PRESBYTERIAN HOSPITAL

November 10, 2007 at 10:23 am

On November 7, 2007, the Department of Justice announced that Mister A.C. Ltd. (Mister A.C.), a Rockville Center, N.Y. heating, ventilation and air conditioning (HVAC) services company and its owner, Michael Vignola, pleaded guilty in U.S. District Court in Manhattan for rigging bids to NYPH from approximately 2002 until January […]