On June 9, the Federal Trade Commission (FTC) announced its
approval, by a 5-0 vote, of the settlement of a complaint against U-Haul
International, Inc. (and its parent company AMERCO) alleging that U-Haul
attempted to collude with its competitor Budget to fix truck rental prices.
(The FTC did not name...
by William A.S. Magrath
William Magrath performs an in-depth analysis of the Third Circuit's en
banc review of Sullivan v. DB Investments. Mr. Magrath notes that while a
prediction of a decision based on the judges' questions during oral
argument requires "reading the tea leaves,"...
In a decision filed on August 7, 2012, in a federal court
in New York, a judge ruled that a Chinese company could not evade jurisdiction
of the U.S. courts and must face the prospect of a trial for colluding to fix
the price of vitamin C exported from China into the United States. Two Chinese subsidiaries...
WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on
May 28 granted a petition for writ of certiorari in a dispute over
whether a state's parens patriae lawsuit may be removed to federal court
as a "mass action" under the Class Action Fairness Act (CAFA) ( State of