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On 15 April, 2021, Yangtze River Pharmaceutical Group (YRPG) was fined RMB764 million (US$116.84 million) by the Chinese antitrust watchdog, representing 3% of its turnover in 2018,...
Friday, April 16, 2021 Antitrust cartel and related collusive scheme enforcement is poised to increase. Several factors support this: (1) the Antitrust Division (the Division) has a 10% budget increase for Fiscal Year (FY) 2021; (2) proposed legislation that would increase its budget by $300 million; (3) Democratic administrations have traditionally been more aggressive in enforcing antitrust laws; (4) according to the US Department of Justice (DOJ), last year the Division opened the most grand jury investigations in almost 20 years and by the end of 2020 had the most open grand j...
Wednesday, 17 Mar 2021 09:12 PM MYT The Apple Inc logo is seen through raindrops on a window outside of its flagship store in New York, January 18, 2011. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. PARIS, March 17 — Apple was given a boost today as France’s antitrust watchdog rejected advertisers’ requests to suspend the iPhone maker’s upcoming privacy feature, but it still faces a probe into whether it unfairly favours its own products and services. Apple’s new ‘App Tracking Transparency’ feature allows users to block adver...
Thursday, February 4, 2021 Primary HSR filing threshold will be decreased to $92 million The Federal Trade Commission has announced revisions to HSR Act and Clayton Act Section 8 thresholds, which are indexed annually to account for inflation. As is our annual practice, this alert identifies the adjustments that are likely to be the most relevant to our clients, and reiterates several important practice tips. The Hart-Scott-Rodino Antitrust Improvements Act of 1976, commonly known as the HSR Act, requires parties to certain transactions to notify the Federal Trade Commission and Dep...
My friends and one half in the other, if you came back a year later there just would be one facebook because it's something of a natural move. >> i think there's things you can do for example getting the data out that would force competitors to step up. >> i think it's terrifying this year mana power that facebook and twitter and google have. nearly half of americans get their news from facebook. their ability to control the content that americans see or don't see is pretty terrifying and congress is grappling with some of these issues. we've seen that when they brought people like mark doctor...