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US Department of Justice investigation into hedge fund activities
- McDermott Will & Emery
- -
- USA
- -
- March 9 2010
To be certain of avoiding financial and criminal penalties for infringement of US and EU rules on anti-competitive behaviour, hedge funds should remain vigilant in applying basic antitrust principles in all communications with competitors
Compliance warning for "dawn raids"
- McDermott Will & Emery
- -
- European Union
- -
- June 8 2010
On 4 June 2010 the European Commission announced that it had opened formal proceedings against French group Suez Environnement concerning an alleged breach of a seal affixed during a Commission on-site inspection ("dawn raid") at the premises of the group's subsidiary, Lyonnaise des Eaux in April of this year
For the first time, FTC lowers notification thresholds under the Hart-Scott-Rodino Act
- McDermott Will & Emery
- -
- USA
- -
- January 21 2010
New, lower reporting thresholds apply to transactions completed and pre-merger notifications filed on or after February 22, 2010
FTC and DOJ issue final revised horizontal merger guidelines
- McDermott Will & Emery
- -
- USA
- -
- August 20 2010
The final revised Horizontal Merger Guidelines, which resemble the draft guidelines issued in April 2010, remain focused on actual competitive effects over technical market definition in determining the FTC's and DOJ's merger enforcement posture
FTC proposes changes to Hart-Scott-Rodino notification rules and form
- McDermott Will & Emery
- -
- USA
- -
- August 18 2010
While changes proposed by the FTC to the Hart-Scott-Rodino (HSR) Antitrust Improvements Act may decrease the burden of reporting by eliminating the need to gather certain data, they will significantly increase the burdens in other areas, and an overall net increase in the effort required to prepare HSR filings is expected
First antitrust settlements reached with European Commission
- McDermott Will & Emery
- -
- European Union
- -
- June 22 2010
The European Commission's new settlement procedure in antitrust cases offers potential benefits that can be significant
New merger guidelines underscore importance of internal planning documents
- McDermott Will & Emery
- -
- USA
- -
- August 26 2010
New Horizontal Merger Guidelines recently released by the Federal Trade Commission and U.S. Department of Justice emphasize the competitive effects of potential alignment transactions and place a premium on internal planning materials
U.S. and Chinese antitrust agencies to sign cooperation agreement
- McDermott Will & Emery
- -
- China, USA
- -
- July 6 2011
On June 24, 2011, Assistant Attorney General Christine Varney announced that the U.S. antitrust enforcement agencies will be signing a cooperation agreement with their Chinese counterparts
Notification threshold under Hart-Scott-Rodino Act increased to $66 million
- McDermott Will & Emery
- -
- USA
- -
- January 25 2011
Increased reporting thresholds apply to pre-merger notifications filed on or after February 24, 2011
FTC announces major changes to disclosure requirements for Hart-Scott-Rodino notification rules and form
- McDermott Will & Emery
- -
- USA
- -
- July 7 2011
Companies should begin regularly collecting required data - in particular revenues by North American Industry Classification System code and information about “associates” - in advance of need to file Hart-Scott-Rodino notification
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