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.…
The Antitrust Attorney Blog
“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…
Domestic Companies and Their Execs Plead Guilty to Criminal Price-Fixing
Authors: Jon Cieslak & Molly Donovan Two individuals and four of their corporate entities pleaded guilty to an antitrust conspiracy to fix the prices of DVDs and Blu-Rays sold on Amazon’s platform during the 2016-2019 time period. According to the plea agreements, the defendants “engaged in discussions, transmitted across state…
Meta/Within Merger Antitrust Opinion: Cutting Edge Tech, Vintage Precedent
Authors: Steven Cernak and Luis Blanquez Earlier in February 2023, the Court for the Northern District of California denied the FTC’s preliminary injunction motion to prevent the closing of Meta Platforms Inc.’s acquisition of Within Unlimited, Inc.––a virtual reality (VR) App developer. The FTC has declined to appeal the loss…
What are the Available Exemptions to Antitrust Liability?
Author: Jarod Bona Congress and the federal courts have—over time—created several exemptions or immunities to antitrust liability. The US Supreme Court in National Society of Professional Engineers v. United States explained that “The Sherman Act reflects a legislative judgment that ultimately competition will produce not only lower prices, but also…
2022 Developments in Antitrust and Distribution
Author: Steven Cernak In the antitrust world in 2022, stories about Big Tech, government enforcement, and merger challenges dominated the headlines. But in putting together the 2023 edition of Antitrust in Distribution and Franchising (available for purchase soon!), I found a number of less-famous opinions that US distributors and their…
Antitrust for Kids: Lemonade Redux: Alternatives to Non-Competes In the Face of the FTC’s Proposed Ban
Author: Molly Donovan You might recall that Max and Margie are next-door neighbors on Lemon Lane. In a strange turn of events, after Max was found liable for an illegal hub-and-spoke conspiracy against Margie, she let bygones be bygones and hired Max to procure materials for her lemonade stand and…
FTC’s Proposed Noncompete Ban Has Already Succeeded
Author: Steven Cernak Recently, the Federal Trade Commission proposed a nearly complete ban on noncompete provisions in employment agreements. Because it faces the usual lengthy rulemaking process and several expected legal challenges, the proposed rule might not become effective for months, if ever. Through the proposal and attendant publicity, however,…
Antitrust Group Boycotts: My Competitors are Conspiring Against Me
Author: Jarod Bona Do you feel paranoid? Maybe everyone really is conspiring against you? If they are competitors with each other—that is, if they have a horizontal relationship—they may even be committing a per se antitrust violation. A group boycott occurs when two or more persons or entities conspire to…