Page 152 - Antitrust Division News Today

In President Biden's State of the Union address on Mar. 1, the commander in chief blamed the surge in inflation partially on companies that operate in a market with little competition, like the...

State of the Union address calls out unfair actions by ocean shippers causing supply chain concerns.

The President is announcing an historic agreement between the Department of Justice and the Federal Maritime Commission (FMC) to make sure that large ocean freight companies cannot take advantage of U.S. businesses and consumers. Right now, three global alliances, made up entirely of foreign companies, control almost all of ocean freight shipping, giving them power ...

The Biden Administration issued a press release and fact sheet on Feb. 28, 2022, titled "Lowering Prices and Leveling the Playing Field in Ocean Shipping." The release builds on a...

President Biden announced March 1 new initiatives that will ramp up regulatory oversight of the container shipping industry, calling it a contributor to consumer price inflation through the use of capacity-sharing alliances among the major shipowners. “When corporations don’t have to compete, their profits go up, your prices go up, and small businesses and family ...

Supply chains are back in the news, perhaps a welcome distraction from the coverage of events in Ukraine. Late last week, the Biden Administration followed up on its year earlier...

Editor’s Note: Akin Gump is pleased to publish the first in a series of blog posts covering significant issues U.S. boards of directors may expect to face in 2022. In addition to...

Biden Administration is stepping up it’s scrutiny of container shipping alliances and enforcement of competition laws. The U.S. Justice Department and the Federal Maritime Commission (FMC) announced actions Monday to...

Citing the dominance of the three global ocean shipping alliances and business practices that are co...

Senate Passes The "Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021"; Biden Signature Imminent.