Antitrust Litigation News
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Wal-Mart Stores Inc. and Starbucks Corp. are among 19 retailers opting out of a $7.25 billion antitrust settlement with Visa Inc. and MasterCard Inc. over fees charged to merchants to process credit-card transactions.
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Jones Day said it added two new partners, Alejandro Chico and Antonio Gonzalez, to its Mexico City office, marking the fifth new hire for the office this year and bringing the total number of lawyers there to 37.
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Dow Chemical Co. was ordered by a federal judge to pay a $1.2 billion judgment in a urethane price-fixing case after losing its bid to undo a jury’s verdict that it colluded with competitors.
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Lawyers who want to interview Facebook Inc. Chief Operating Officer Sheryl Sandberg as part of lawsuit alleging that seven technology companies broke antitrust laws should seek a court order compelling her to cooperate, a federal judge said.
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Little Rock, Arkansas, objected to a multibillion-dollar settlement of a price-fixing case against Visa Inc. and MasterCard Inc. over the fees charged to merchants to process credit-card transactions.
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Groups opposing the Visa Inc. and MasterCard Inc. multibillion-dollar settlement of swipe-fee price-fixing claims won’t be held in contempt by a federal judge for failing to fully correct websites he found misleading.
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Verlagsgruppe Georg von Holtzbrinck GmbH’s MacMillan unit agreed to pay $20 million to consumers to settle claims it conspired with Apple Inc. and other U.S. publishers to fix the prices of electronic books.
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When the Supreme Court hears a case today weighing what remedy there should be after a federal judge was involved in a plea agreement, an Orrick Herrington & Sutcliffe LLP associate with 2 1/2 years at the firm will be making the arguments for the defendant.
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The National Football League won preliminary court approval of the settlement of a lawsuit accusing it of failing to compensate former players for using their likenesses in promotions.
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R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud, appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened.
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