Recent Development in Antitrust and International Trade Law

DOJ Files Antitrust Lawsuit to Stop H&R Block From Buying TaxAct

May 24, 2011 at 3:36 pm

On May 23, 2011, the Department of Justice (“DOJ”) filed a civil antitrust lawsuit to block H&R Block Inc.'s (“H&R”) proposed acquisition of TaxAct, a digital do-it-yourself tax preparation software provider. The DOJ's Antitrust Division filed its lawsuit in U.S. District Court in Washington, D.C., to prevent H&R Block from […]

VeriFone and Hypercom Abandon Planned Divestiture of Hypercom's U.S. Assets When Faced With DOJ's Lawsuit

May 20, 2011 at 2:16 pm

On May 20, 2011, the DOJ announced that VeriFone Systems Inc.(“VeriFone”), Hypercom Corp. (“Hypercom”), and Ingenico S.A. (“Ingenico”) abandoned plans for Hypercom to divest its U.S. point-of-sale (“POS”) business to Ingenico as the Department of Justice (“DOJ”) did not find the divestiture adequate to resolve the competitive concerns raised by […]

DOJ Challenges George's Inc.'s Consummated Acquisition of Tyson Foods Inc.'s Harrisonburg Poultry Processing Complex

May 10, 2011 at 3:26 pm

On May 10, 2011, the Department of Justice (“DOJ”) filed a civil antitrust lawsuit challenging George's Inc.'s (“George's”) acquisition of Tyson Foods' (“Tyson”) chicken processing complex in Harrisonburg, VA. This is a challenge to a consummated $3 million acquisition in a very limited geographic market in Virginia. The DOJ alleges […]

DOJ Settles With Unilever on Alberto Culver Acquisition

May 6, 2011 at 5:37 pm

On May 6, 2011, Unilever NV (“Unilever”) and the U.S. Department of Justice (“DOJ”) reached an agreement to settle antitrust concerns over its $3.7 billion acquisition of hair care company Alberto-Culver Co. (“Alberto”). The DOJ's Antitrust Division filed a civil antitrust lawsuit in U.S. District Court in Washington, D.C. to […]