Recent Development in Antitrust and International Trade Law

DOJ REQUIRES DIVESTITURE IN UNITEDHEALTH GROUP’S ACQUISITION OF SIERRA HEALTH SERVICES

February 25, 2008 at 10:22 am

On February 25, 2008, UnitedHealth Group Inc. (“United”) and Sierra Health Services Inc. (“Sierra”) entered into a settlement agreement that required United to divest assets relating to United’s Medicare Advantage business in the Las Vegas area in order to proceed with United’s acquisition of Sierra. Allegedly, the transaction, as originally […]

DOJ REQUIRES THOMSON TO SELL FINANCIAL DATA AND RELATED ASSETS IN ORDER TO ACQUIRE REUTERS

February 19, 2008 at 10:16 am

On February 19, 2008, the Antitrust Division entered into a settlement agreement requiring The Thomson Corporation (“Thomson”) to sell financial data and related assets in three markets for financial data in order to proceed with Thomson’s proposed $17 billion acquisition of Reuters Group PLC (“Reuters”). Under the terms of the […]

FTC SUES FOR UNLAWFULLY BLOCKING SALE OF LOWER-COST GENERIC VERSIONS OF BRANDED-DRUG

February 13, 2008 at 10:11 am

On February 13, 2008, the Federal Trade Commission filed a complaint in federal district court against Pennsylvania-based pharmaceutical company Cephalon. The complaint charged that Cephalon engaged in a course of anticompetitive conduct that is preventing competition to its branded drug – Provigil. In 2007, U.S. sales of Provigil totaled more […]

DOJ REQUIRES DIVESTITURES IN CLEAR CHANNEL

February 13, 2008 at 10:04 am

On February 13, 2008, the DOJ entered into a settlement agreement with Clear Channel, the largest operator of radio stations in the United States, to divest radio stations in four cities in order for a group of private equity investors led by Bain Capital (“Bain”) and Thomas H. Lee Partners […]

SCRAP METAL COMPANY AND OWNER INDICTED

February 6, 2008 at 9:49 am

On February 6, 2008, Ohio-based Alliance National Limited Partnership, which does business as DeMilta Iron & Metal Ltd. (“DeMilta Iron”), and its owner, Francis DeMilta, were indicted by a federal grand jury for conspiring to allocate scrap metal suppliers in Northeast Ohio. The indictment charges Mr. DeMilta and the company […]