The Justice Department and the Federal Trade Commission (FTC) are releasing a draft update of the Merger Guidelines (Draft Guidelines), which describe and guide the agencies’ review of mergers and acquisitions to determine compliance with federal antitrust laws. The goal of this update is to better reflect how the agencies determine a merger’s effect on competition in the modern economy and evaluate proposed mergers under the law. Both agencies encourage the public to review the draft and provide feedback through a public comment period that will last 60 days.
Attorney General Merrick B. Garland and Assistant Attorney General Jonathan Kanter for the Justice Department’s Antitrust Division issued the following statements today regarding the U.S. District Court for the District of Massachusetts’s ruling in favor of the Justice Department and the Attorneys General of six states and the District of Columbia in their civil antitrust lawsuit to stop the Northeast Alliance between American Airlines and JetBlue:
The Department of Justice filed a proposed amended complaint and consent decree today in the District of Maryland with George’s, Inc. and George’s Foods, LLC (George’s) that would resolve claims that George’s conspired with other poultry processors for years to suppress workers’ wages by exchanging compensation information. George’s provided significant and voluntary cooperation to the Department of Justice’s investigation.
The Department of Justice announced today that it has reached a settlement in its litigation regarding ASSA ABLOY AB’s (ASSA ABLOY) proposed $4.3 billion acquisition of Spectrum Brand Holding Inc.’s Hardware and Home Improvement division. The proposed settlement requires ASSA ABLOY to divest assets as a condition of finalizing ASSA ABLOY’s transaction with Spectrum Brands Holdings, Inc.
A former Caltrans contract manager and a former contractor were sentenced today in the U.S. District Court for the Eastern District of California in Sacramento for their roles in a bid-rigging and bribery scheme involving Caltrans improvement and repair contracts.
The Attorneys General of Arizona, Illinois, Michigan, Minnesota, Nebraska, New Hampshire, North Carolina, Washington and West Virginia today joined a civil antitrust lawsuit filed by the Justice Department’s Antitrust Division along with the Attorneys General of California, Colorado, Connecticut, New Jersey, New York, Rhode Island, Tennessee and Virginia, against Google for monopolizing multiple digital advertising technology products in violation of Sections 1 and 2 of the Sherman Act. The Antitrust Division and the state Attorneys General filed an amended complaint in the Eastern District of
A construction company owner in California was sentenced to 78 months’ imprisonment and ordered to pay $984,699.53 in restitution for his role in a bid-rigging and bribery scheme involving California Department of Transportation (Caltrans) improvement and repair contracts.
The Department of Justice filed a civil antitrust lawsuit today against Activision Blizzard, Inc. (Activision), one of the world’s largest video game developers and publishers, for imposing rules that limited competition for players in Activision’s Overwatch and Call of Duty professional esports leagues and suppressed the wages of esports players in these leagues in violation of the Sherman Act.
Today, the Attorneys General of California, Maryland, New Jersey, and North Carolina joined a civil antitrust lawsuit filed by the Justice Department’s Antitrust Division, the Commonwealth of Massachusetts, the State of New York, and the District of Columbia to block JetBlue’s proposed $3.8 billion acquisition of Spirit Airlines. The Antitrust Division and the state Attorneys General filed an amended complaint in the District of Massachusetts.
The Justice Department’s Antitrust Division Assistant Attorney General Jonathan Kanter, Federal Trade Commission (FTC) Chair Lina M. Khan, and Executive Vice President Margrethe Vestager of the European Commission met today in Washington, D.C., for the third meeting of the U.S.-EU Joint Technology Competition Policy Dialogue (TCPD). The principals and senior staff met to continue work on cooperation in ensuring and promoting fair competition in the digital economy.
Good morning. I am incredibly honored and grateful to welcome you all to the second annual Enforcers Summit. I am deeply humbled to be in the presence of so many esteemed, talented and dedicated competition law enforcement officials from throughout our country and around the world.