Justice Department Secures Settlement of Lawsuit Alleging Illegal Premerger Coordination by Legends Hospitality in Connection with its Acquisition of ASM Global

  • Post author:
  • Post category:

The Justice Department today filed a civil lawsuit and announced a proposed settlement with Legends Hospitality Parent Holdings LLC (Legends) for an alleged violation of the Hart-Scott-Rodino Act (HSR Act).  As alleged in the department’s complaint, Legends engaged in illegal premerger coordination in connection with its proposed acquisition of ASM Global Inc. (ASM) by exercising

Continue ReadingJustice Department Secures Settlement of Lawsuit Alleging Illegal Premerger Coordination by Legends Hospitality in Connection with its Acquisition of ASM Global

Deputy Assistant Attorney General Michael Kades Statement After Airline Group IAG Abandons Acquisition of Air Europa

  • Post author:
  • Post category:

The Justice Department issued the following statement from Deputy Assistant Attorney General Michael Kades of the Justice Department’s Antitrust Division after International Consolidated Airlines Group S.A. (IAG) announced that it would abandon its proposed acquisition of sole control of Air Europa Holding S.L. (Air Europa): “The Antitrust Division is committed to protecting competition in the

Continue ReadingDeputy Assistant Attorney General Michael Kades Statement After Airline Group IAG Abandons Acquisition of Air Europa

Justice Department and Federal Trade Commission Host First Strike Force on Unfair and Illegal Pricing Meeting

  • Post author:
  • Post category:

The Justice Department (DOJ) and Federal Trade Commission (FTC) virtually cohosted the first public meeting of the Strike Force on Unfair and Illegal Pricing (Strike Force) to discuss Strike Force enforcement actions taken to lower prices for Americans. DOJ Acting Associate Attorney General Benjamin C. Mizer, Assistant Attorney General Jonathan Kanter of the Antitrust Division

Continue ReadingJustice Department and Federal Trade Commission Host First Strike Force on Unfair and Illegal Pricing Meeting

UnitedHealth Group Abandons Two Acquisitions Following Antitrust Division Scrutiny

  • Post author:
  • Post category:

Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division released the following statement after UnitedHealth Group abandoned its proposed acquisitions of Stewardship Health Inc. and a related company following scrutiny from the Antitrust Division. “When you ask Americans what keeps them up at night, affording and accessing quality health care is too often

Continue ReadingUnitedHealth Group Abandons Two Acquisitions Following Antitrust Division Scrutiny

Leaders of Justice Department, Federal Trade Commission, European Commission and U.K. Competition and Markets Authority Issue Joint Statement on AI Competition

  • Post author:
  • Post category:

Today, Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division, Chair Lina M. Khan of the Federal Trade Commission, Executive Vice President Margrethe Vestager of the European Commission and Chief Executive Sarah Cardell of the U.K. Competition and Markets Authority issued a joint statement on competition in generative AI foundation models and AI

Continue ReadingLeaders of Justice Department, Federal Trade Commission, European Commission and U.K. Competition and Markets Authority Issue Joint Statement on AI Competition