On March 12, 2013, the FTC and the Idaho Attorney General jointly filed a complaint in federal district court seeking to block St. Luke’s Health System, Ltd.'s acquisition of Saltzer Medical Group P.A., Idaho's largest independent, multi-specialty physician practice group. The transaction was consummated on December 31, 2012.
On January 10, 2013, the Department of Justice’s Antitrust Division (“DOJ”) filed a lawsuit challenging Bazaarvoice Inc.’s acquisition of PowerReviews Inc. The transaction was consummated on June 2012.
Continue reading "Antitrust Division Challenges Bazaarvoice’s Consummated Transaction" »
On December 17, 2012, Federal Trade Commission Chairman Jon Leibowitz announced that the Director of the FTC’s Bureau of Consumer Protection will leave at the end of the year. David C. Vladeck will leave the position and return to the Georgetown University Law Center faculty community. Charles A. Harwood will serve as Acting Director of the Bureau of Consumer Protection. Leibowitz also announced that Executive Director Eileen Harrington will also leave at year’s end, and the Acting Executive Director position is to be filled by Pat Bak
On November 26, 2012, the Federal Trade Commission (“FTC”) announced that it will allow Robert Bosch GmbH (“Bosch”) to acquire SPX Service Solutions, U.S. LLC (“SPX”) after Bosch entered into a settlement agreement that resolves the FTC’s allegations that Bosch’s acquisition of SPX, as originally proposed, would have been anticompetitive. In addition, Bosch and the FTC entered into a settlement agreement resolving anticompetitive conduct that occurred prior to the announcement of the acquisition.
Continue reading "FTC Approves Bosch's Acquisition of SPX " »
On November 16, 2012, the Antitrust Division filed a civil antitrust lawsuit against eBay Inc., alleging that it violated antitrust laws when it entered into an agreement not to recruit or hire Intuit Inc.’s employees.
Continue reading "Antitrust Division Sues eBay Over Non Solicitation Agreement" »
On November 16, the DOJ announced that Renata B. Hesse was appointed Acting Assistant Attorney General for the Antitrust Division. Ms. Hesse takes over for Joseph Wayland.
Continue reading "Renata Hesse Appointed as Head of Antitrust Division" »
On November 15, 2012, the FTC approved Hertz Global Holdings, Inc.’s (“Hertz”) acquisition to acquire Dollar Thrifty Automotive Group inc. (“Dollar Thrifty”). The transaction was cleared after Hertz agreed to sell its Advantage Rent A Car (“Advantage”) business including 43 on-airport locations as well as 29 Dollar Thrifty on-airport locations to remedy alleged competitive harm at 72 on-airport locations.
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On November 14, the DOJ’s Antitrust Division entered into a settlement agreement that requires Exelon Corporation (“Exelon”) to pay $400,000 for a civil contempt violation of a consent decree.
Continue reading "Exelon Agrees to Pay $400,000 for Civil Contempt Violation" »
On October 31, 2012, the FTC issued a press release announcing its consent agreement that allowed Corning to acquire Beckton Dickinson’s Discover Labware Division in what the FTC alleges is a highly concentrated market.
On November 7, 2012, the FTC voted 5-0 to close its investigation of Hilcorp’s proposed acquisition of Marathon’s Cook Inlet, an Alaskan provider of natural gas without taking any action.
Continue reading "FTC Closes Hilcorp Alaska Investigation" »
