October 2008 :: Antitrust Lawyer Blog
Squeezed On: October 30, 2008

DOJ REQUIRES DIVESTITURES IN VERIZON’S ACQUISITION OF ALLTEL

On October 30, 2008, the Department of Justice (“DOJ”) required Verizon Communications Corp. (“Verizon”) to divest assets in 100 locations in 22 States for its acquisition of Alltel Corp. (“Alltel”) to proceed. The divestitures cover the States of Alabama, Arizona, California, Colorado, Georgia, Idaho, Illinois, Iowa, Kansas, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Ohio, South Carolina, South Dakota, and Virginia.

Continue reading " DOJ REQUIRES DIVESTITURES IN VERIZON’S ACQUISITION OF ALLTEL " »

Squeezed On: October 29, 2008

DOJ ENDS INVESTIGATION INTO MERGER BETWEEN DELTA AND NORTHWEST

On October 29, 2008, the Department of Justice (“DOJ”) decided to end its investigation into the proposed merger between Delta Air Lines, Inc. (“Delta”) and Northwest Airlines Corporation (“Northwest”).

Continue reading " DOJ ENDS INVESTIGATION INTO MERGER BETWEEN DELTA AND NORTHWEST " »

Squeezed On: October 28, 2008

EL PASO BUSINESSMAN PLEADS GUILTY TO ROLE IN CONSPIRACY TO RIG BIDS AND ALLOCATE CUSTOMERS FOR THE DOOR AND HARDWARE CONTRACTS

On October 28, 2008, Humberto “Beto” Lopez, vice president of El Paso Steel Doors and Frames Inc., pled guilty to conspiring to rig bids and allocate customers for certain contracts for sales of doors and other hardware for various construction projects in the El Paso area. Mr. Lopez has also agreed to cooperate in the ongoing investigation.

Continue reading " EL PASO BUSINESSMAN PLEADS GUILTY TO ROLE IN CONSPIRACY TO RIG BIDS AND ALLOCATE CUSTOMERS FOR THE DOOR AND HARDWARE CONTRACTS " »

Squeezed On: October 23, 2008

NY MARINE PRODUCTS SUPPLIER PLEADS GUILTY TO CONSPIRACY TO COMMIT BRIBERY

On October 23, 2008, American Composite Timbers (“ACT”), a plastic marine pilings supplier located in Commack, NY, pled guilty and agreed to pay a criminal fine for its role in a conspiracy to commit bribery in connection with a project to repair New York’s Pier 86 where the Intrepid Sea, Air, and Space Museum is located.

Continue reading " NY MARINE PRODUCTS SUPPLIER PLEADS GUILTY TO CONSPIRACY TO COMMIT BRIBERY " »

Squeezed On: October 23, 2008

FTC CHALLENGES PROPOSED ACQUISITION OF NEWPARK ENVIRONMENTAL SERVICES BY CCS CORPORATION

On October 23, 2008, the Federal Trade Commission (“FTC”) challenged CCS Corporation’s (“CCS”) proposed $85 billion acquisition of Newpark Environmental Services (“Newpark”), a division of Newpark Resources, Inc.

Continue reading " FTC CHALLENGES PROPOSED ACQUISITION OF NEWPARK ENVIRONMENTAL SERVICES BY CCS CORPORATION " »

Squeezed On: October 21, 2008

DOJ DOES NOT CHALLENGE CONSORTIUM’S RADIO FREQUENCY PATENT LICENSING AGREEMENT

On October 21, 2008, the Department of Justice (“DOJ”) decided not to challenge a joint licensing agreement by RFID Consortium LLC (“RFID”) for patents to comply with ultra high frequency radio frequency identification (“UHF RFID”) technology, which has a variety of uses including airline baggage tracking, retail product inventory and ticketing for events. RFID is a group of companies that hold at least one essential UHF RFID patent. According to the DOJ, the proposal could result in cost savings and greater access to the technology, ultimately benefitting competition and consumers.


Andre Barlow

(202) 589-1834
abarlow@dbmlawgroup.com

Squeezed On: October 20, 2008

DOJ BLOCKS JBS’S ACQUSIITION OF NATIONAL BEEF PACKING COMPANY

On October 20, 2008, the Department of Justice (“DOJ”) filed a civil antitrust lawsuit to prevent JBS’s proposed acquisition of National Beef Packing Company LLC (“National”). JBS is the world’s largest beef packer and the third largest in the United States with annual sales in the United States exceeding $6 billion. National is the fourth largest beef packer in the United States with annual beef sales of about $5 billion.

Continue reading " DOJ BLOCKS JBS’S ACQUSIITION OF NATIONAL BEEF PACKING COMPANY " »

Squeezed On: October 6, 2008

DOJ REQUIRES DIVESTITURE IN MANITOWOC’S ACQUISITION OF ENODIS

On October 6, 2008, the Department of Justice (“DOJ”) entered into a settlement agreement requiring The Manitowoc Company (“Manitowoc”) to divest its entire U.S. ice machine business to allow its $2.7 billion acquisition of Enodis Plc (“Enodis”) to proceed.

Continue reading " DOJ REQUIRES DIVESTITURE IN MANITOWOC’S ACQUISITION OF ENODIS " »

Squeezed On: October 1, 2008

SHIPPING EXECUTIVES CHARGED WITH CONSPIRACY TO ELIMINATE COMPETITION AND RAISE PRICES FOR MOVEMENT OF GOODS BETWEEN THE U.S. AND PUERTO RICO

On October 1, 2008, four U.S. shipping company executives including Peter Baci of Jacksonville, FL, Kevin Gill and Gregory Glova of Charlotte, NC, and Gabriel Serra of San Juan, Puerto Rico pled guilty for their role in a broad conspiracy to rig bids, fix prices, and allocate market share for customers transporting goods between the United States and Puerto Rico. A fifth shipping executive, Alexander Chisholm, of Jacksonville, FL was charged with obstruction of justice. He agreed to plead guilty and serve jail time.


Continue reading " SHIPPING EXECUTIVES CHARGED WITH CONSPIRACY TO ELIMINATE COMPETITION AND RAISE PRICES FOR MOVEMENT OF GOODS BETWEEN THE U.S. AND PUERTO RICO " »