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Price gouging enforcement and litigation is front and center for company counsel and business managers nationwide. Our weekly round up highlights some of the most relevant news and information to our clients and friends. House Holds Hearing on Increased Risks Faced by Consumers During COVID-19 - On July 9, 2020, the Subcommittee on Consumer Protection and Commerce of the Committee on Energy and Commerce held a hearing titled “Consumers Beware: Increased Risks During the COVID-19 Pandemic.”... By: Proskauer Rose LLP.
Welcome to the 24th edition of our newsletter on developments in the automotive industry published by Morgan Lewis’s automotive & mobility team with contributions from lawyers in our offices around the globe. We counsel our automotive clients on a broad range of industry-specific issues, including matters relating to mergers and acquisitions, antitrust, litigation, regulatory concerns intellectual property, and labor and employment. Please see full Publication below for more information.... By: Morgan Lewis.
On Wednesday, an FTC Commissioner used the occasion of a routine report to Congress to send a warning shot to private equity firms, especially those rolling up health care providers. Commissioner Rohit Chopra, an advisor to Senator Elizabeth Warren before he joined the Commission in May 2018, released this statement focusing particular scrutiny on private equity (PE) firms and the practice of acquiring physician groups, especially emergency medicine, anesthesiology, and other services that... By: Mintz - Health Care Viewpoints.
Last Thursday, in addition to agreeing to decide an issue of major significance under the Telephone Consumer Protection Act, the U.S. Supreme Court agreed to decide whether Section 13(b) of the Federal Trade Commission Act, which expressly gives the FTC authority to seek injunctive relief, also authorizes the FTC to seek monetary relief, such as restitution....
Although the hunt for a workable definition of autodialer (automatic telephone dialing system, or ATDS) continues, a calling platform must be "capable of originating a call or sending a text" without human intervention in order to qualify as an autodialer under the Telephone Consumer Protection Act (TCPA), according to a June 25, 2020 declaratory ruling from the Federal Communications Commission (FCC).
On July 8, 2020, Judge Alison Burroughs granted-in-part Defendants Shire and Actavis’s motion to decertify a direct purchaser plaintiff class in an alleged reverse payment antitrust case pending in the Federal District Court for the District of Massachusetts captioned FWK Holdings LLC v.
The Federal Trade Commission made a big splash in late May when it announced a whopping $1.5 million settlement with Liberty Chevrolet, d/b/a Bronx Honda, and its general manager, Carlo Fittanto. Bronx Honda and Fittanto were charged with discrimination in financing to African Americans and Hispanics, as well as a variety of deceptive business practices.... By: Hudson Cook, LLP.
Working with a panel of international legal and technology experts, we will explore the following topics: - US – the expanding and extensive level of antitrust focus on the tech sector by regulatory agencies, as well as an explosion of investigations and litigation being initiated by Congressional committees, state attorneys general and private litigants; - EMEA – the launch of a sector-wide inquiries into digital platforms by the European Commission, and the anticipated scope of new...
In the Episode, I am joined by Eric Young. Eric has been in the compliance field longer than anyone I know and long before it was called Compliance. Eric graduated from Columbia University at the age of 20, with a degree in Economics and has securities licenses with FINRA and is ACAMS-certified. He started with the Fed in 1980 and has 40 years’ regulatory and Chief Compliance Officer experience with the Fed, JP Morgan Chase, General Electric, S&P Global Ratings, and four foreign banks including... By: Thomas Fox.
On June 30, 2020, the JFTC published an interim report about market research on startup business practices (the "Report"). The JFTC will continue its research and will issue a final report. This is part of the effort by the JFTC, the Ministry of Economy, Trade and Industry ("METI") and the Japan Patent Office ("JPO") to prepare relevant guidelines.... By: White & Case LLP.
On June 2, 2020, the European Commission ("EC") launched two parallel public consultations that could mark a turning point in the ongoing battle against ‘Big Tech’ in Europe: The first consultation concerns the introduction of a regulatory framework to tackle the market power of large digital platforms acting as "gatekeepers", which would be included in the Digital Services Act ("DSA")....
On June 30, 2020, the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) (together, the “Agencies”) issued new Vertical Merger Guidelines (“Guidelines”). These Guidelines mark the first time the Agencies have issued joint guidelines on vertical mergers, and replace the DOJ’s 1984 Non-Horizontal Merger Guidelines. The new Guidelines follow the Agencies’ earlier release of Draft Vertical Merger Guidelines (“Draft Guidelines”) in January 2020 and provide important insight... By: Weil, Gotshal & Manges LLP.

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