Recent Developments in Antitrust

FTC Files Joint Amicus Brief with DOJ in Matter of Weyerhaeuser Co. v. Ross-Simmons Hardwood Lumber Co.

May 31, 2006 at 12:36 pm

On May 31, the Commission has authorized the staff to file a joint amicus brief with the U.S. Department of Justice (DOJ) in the case of Weyerhaeuser Co. v. Ross-Simmons Hardwood Lumber Co., No. 05-381 (S. Ct.). The brief, which was filed on May 26, 2006, urges the Court to […]

DOJ Okays Avocent's Purchase of Landesk

May 30, 2006 at 5:28 pm

On May 30, the DOJ approved Avocent Corp.'s $416 million acquisition of Landesk Software Inc. The deal was announced in April. Avocent is a supplier of network equipment technology and Landesk makes software to secure and manage information technology.

DOJ Clears Intelsat's Purchase of PanAmSat

May 26, 2006 at 5:27 pm

On May 26, Intelsat Ltd. announced that it received clearance from the Department of Justice for its $6.4 billion cash-and-debt deal to buy rival PanAmSat Holdings Corp. Under the terms, Intelsat would pay $25 in cash for each share of PanAmSat and assume about $3.2 billion in debt. The Bermuda-based […]

Senate Confirms McDowell as FCC Commissioner

May 26, 2006 at 10:13 am

On May 26, the Senate approved by unanimous consent Robert McDowell's appointment as an FCC commissioner. The vote came after a tussle over a series of holds placed on his nomination in the past couple of months. McDowell's arrival will bring the Commission to a full slate of 5 members […]

DOJ Clears Precision Castparts Purchase of Special Metals

May 23, 2006 at 5:26 pm

On May 23, the Department of Justice approved Precision Castparts Corp.'s $540 million cash acquisition of Special Metals Corp. Huntington, West Virginia based Special Metals is the world's biggest maker of nickel-based alloys and superalloys for forged products. Precision, based in Portland, Oregon, is one of Special Metals' customers and […]

DOJ Clears Attachmate's Purchase of NetIQ

May 23, 2006 at 5:25 pm

On May 23, Attachmate Corp. received clearance from the Department of Justice for its $495 million cash purchase of San Jose-based NetlQ Corp. The deal was announced in April. Seattle-based Attachmate is a privately held vendor of software used to link mainframes to PCs. The takeover removes ailing NetIQ from […]

Korean Antitrust Authorities Reject Microsoft Objection

May 23, 2006 at 4:17 pm

On May 23, the South Korean Fair Trade Commission (“KFTC”) rejected an objection lodged by Microsoft in March over a ruling that the company should unbundle its media player and messaging service from Windows software, echoing a similar decision made by the European Commission in 2004 that it unbundled its […]

DOJ Investigates Mitsubishi over DRAM Operations

May 22, 2006 at 5:19 pm

On May 22, Japan's Mitsubishi Electric Corp. announced that it is under investigation by the DOJ's Antitrust Division over its former DRAM chip operations' sales activities between 1998 and 2002.

New Zealand Reviews Commerce Act

May 22, 2006 at 4:16 pm

On May 22, it was announced that the government of New Zealand was reviewing the Commerce Act, which encompasses its antitrust laws that cover mergers and acquisitions in order to ensure that New Zealand companies would be able to compete globally. Commerce Minister Lianne Dalziel reportedly said that the government […]

FTC Releases Report on its “Investigation of Gasoline Price Manipulation and Post-Katrina Gasoline Price Increases”

May 22, 2006 at 12:39 pm

On May 22, the Federal Trade Commission today issued a report entitled “Investigation of Gasoline Price Manipulation and Post-Katrina Gasoline Price Increases.” The report details the results of an intensive, Congressionally-mandated Commission investigation into whether gasoline prices nationwide were “artificially manipulated by reducing refinery capacity or by any other form […]