US Department of Justice (Antitrust Division)

Justice Department and Federal Trade Commission Seek Information on Serial Acquisitions, Roll-Up Strategies Across U.S. Economy

  • Post author:
  • Post category:

The Justice Department and Federal Trade Commission (FTC) jointly launched a public inquiry to identify serial acquisitions and roll-up strategies throughout the U.S. economy that have led to consolidation and harmed competition. Serial acquisitions and roll-ups are a form of corporate consolidation where a company becomes larger — and potentially dominant — by buying several

Continue ReadingJustice Department and Federal Trade Commission Seek Information on Serial Acquisitions, Roll-Up Strategies Across U.S. Economy

Justice Department Sues Live Nation-Ticketmaster for Monopolizing Markets Across the Live Concert Industry

  • Post author:
  • Post category:

The Justice Department, along with 30 state and district attorneys general, filed a civil antitrust lawsuit against Live Nation Entertainment Inc. and its wholly-owned subsidiary, Ticketmaster LLC (Live Nation-Ticketmaster) for monopolization and other unlawful conduct that thwarts competition in markets across the live entertainment industry. The lawsuit, which includes a request for structural relief, seeks

Continue ReadingJustice Department Sues Live Nation-Ticketmaster for Monopolizing Markets Across the Live Concert Industry

Sports Equipment Sales Professional Pleads Guilty to Long-Running Bid Rigging Schemes and Conspiracy to Defraud Public Schools

  • Post author:
  • Post category:

A former sales employee of a manufacturer and distributor of football helmets and other sports equipment pleaded guilty today for his role in three separate conspiracies — two conspiracies to rig bids in violation of the Sherman Act and one conspiracy to commit wire fraud — all related to sports equipment for schools located in

Continue ReadingSports Equipment Sales Professional Pleads Guilty to Long-Running Bid Rigging Schemes and Conspiracy to Defraud Public Schools

Assistant Attorney General Jonathan Kanter Announces Task Force on Health Care Monopolies and Collusion

  • Post author:
  • Post category:

The Justice Department today announced the formation of the Antitrust Division’s Task Force on Health Care Monopolies and Collusion (HCMC). The HCMC will guide the division’s enforcement strategy and policy approach in health care, including by facilitating policy advocacy, investigations and, where warranted, civil and criminal enforcement in health care markets. “Every year, Americans spend

Continue ReadingAssistant Attorney General Jonathan Kanter Announces Task Force on Health Care Monopolies and Collusion

Executive Pleads Guilty to Conspiring to Monopolize, Rig Bids and Allocate Territories for Wildfire Services

  • Post author:
  • Post category:

The former owner of contractor companies that provided fuel truck services to the U.S. Forest Service’s wildfire fighters pleaded guilty today to conspiring to monopolize, rigging bids and allocating territories in violation of Sections 1 and 2 of the Sherman Antitrust Act. The plea follows a judicially authorized wiretap investigation that led to the indictment

Continue ReadingExecutive Pleads Guilty to Conspiring to Monopolize, Rig Bids and Allocate Territories for Wildfire Services