Author: Luis Blanquez A company using a blockchain––or perhaps even the blockchain itself––, with a sizeable share of a market, could be a monopolist subject to U.S. antitrust laws. But monopoly by itself isn’t illegal. Rather, a company must use its monopoly power to willfully maintain that power through anticompetitive exclusionary conduct.…
The Antitrust Attorney Blog
Minnesota is the New California for Non-Compete Agreements
Author: Aaron Gott In May of 2023, Minnesota enacted a new law that broadly bans employee non-compete agreements with few exceptions and also limits the use of forum-selection and choice-of-law clauses in employment agreements. You can read that law here (jump to 66.12). Note: the Federal Trade Commission is also…
Ten Ways to Tell Whether You Have an Antitrust Claim
Author: Jarod Bona Law school exams are all about issue spotting. Sure, after you spot the issue, you must describe the elements and apply them correctly. But the important skill is, in fact, issue spotting. In the real world, you can look up a claim’s elements; in fact, you should…
Antitrust for Kids: Everyone’s an Expert (So Don’t Overuse Daubert)
Author: Molly Donovan Olive (named for the fruit) is in eighth grade. She’s a very good inventor. For the science fair, Olive developed a simple device that allows students, each morning, to pre-select lunch items, ensuring each student’s preference is available in the lunch line later that day. It’s a…
Axon, Altria, Illumina, and Administrative Law: What an Antitrust Lawyer Should Know Now
Authors: Steven Cernak and Aaron Gott Last week, the U.S. Supreme Court ruled against the Federal Trade Commission and allowed Axon Enterprise to raise certain constitutional objections to FTC processes in federal court before going through the FTC’s internal administrative proceedings. That decision teed up an “existential” threat to the…
Antitrust for Kids: If You Write A Bad Note, Live with It: Document Preservation in Antitrust Cases
Author: Molly Donovan Gordon was recognized as dominant in the 5th grade class. He had the greatest share of friends and ran the fastest. He was the smartest and won the most academic awards at the end of each school year. He was always chosen as the lead in every…
Latest Step on Twisty Illumina/Grail Antitrust Merger Challenge Road
Author: Steven Cernak The twists and turns of the various antitrust challenges to the proposed Illumina/Grail merger have provided antitrust practitioners numerous lessons the last two years. This week, the FTC commissioners unanimously voted to overturn their administrative law judge’s initial decision and order Illumina to divest the controlling stake…
Bona Law Helps Deliver Successful 2023 Spring Meeting for the ABA Antitrust Section
Authors: Steve Cernak, Dylan Carson, Kristen Harris Back in person again, the 71st edition of the American Bar Association Antitrust Law Section’s annual Spring Meeting did not disappoint and Bona Law was there for the formal and informal conversations that will help shape antitrust enforcement in the U.S. and abroad.…
“It’s Complicated”: A Review of Barry Hawk’s Monopoly in America
Author: Steven Cernak Most antitrust practitioners, even members of the general public, have a good intuitive sense of what Sherman Act Section 1 is aimed at. Whether you follow the common law’s ancient voiding of “combinations in restraint of trade,” as does Greg Werden for example, or your kindergarten teacher’s…
DOJ Announces New Voluntary Self-Disclosure Program Applicable to All Corporate Crimes
Authors: Jon Cieslak and Molly Donovan For the first time, there is a nationwide Voluntary Self-Disclosure Program applicable to any corporate misconduct prosecutable by a US Attorney. As detailed below, companies that make a qualifying Voluntary Self-Disclosure (VSD) are eligible for “resolutions under more favorable terms than if the government…