Recent Development in Antitrust and International Trade Law

FTC Loses Merger Trial Because Of Market Definition

October 12, 2010 at 9:30 am

The Federal Trade Commission (“FTC”) lost its challenge to Ovation Pharmaceutical Inc.’s (“Ovation Pharmaceutical” now Lundbeck Inc.) acquisition of the pediatric heart drugs Indocin and NeoProfen. While the FTC claimed that the combination was a merger to monopoly resulting in anticompetitive price increases, the Federal District Court in Minnesota decided […]

Antitrust Division Settles With Visa and MasterCard But Continues Lawsuit Against American Express

October 5, 2010 at 1:40 pm

On October 4, 2010, the Antitrust Division announced that it along with the states of Connecticut, Iowa, Maryland, Michigan, Missouri, Ohio, and Texas filed a civil antitrust lawsuit in U.S. District Court for the Eastern District of New York challenging rules that American Express, Master Card, and Visa have in […]