DOJ Withdraws “Safety Zones” for Information Exchanges Evaluating Benchmarking Activities On A Post-Guidance Landscape

The Department of Justice Antitrust Division (“DOJ”) recently announced its withdrawal from a set of long- standing antitrust enforcement policy statements that many companies have relied on to determine whether to share historic pricing and related data with competitors. Among other rationales for its policy change, DOJ representatives have pointed to the growing use of sophisticated pricing algorithms in many economic sectors, which the agency contends have the capacity to use historic pricing data […]

By | March 29th, 2023 ||

FTC Publishes Revised Hart-Scott-Rodino Antitrust Notification Thresholds

The Federal Trade Commission (FTC) recently announced the revised thresholds to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act).

The FTC must revise the HSR Act thresholds annually based on the change in the gross national product. The size-of-transaction filing threshold will increase from the 2022 threshold of $101 million to the 2023 threshold of $111.4 million. The changes will be effective for transactions closing on or after February 27, 2023.

Under the new thresholds and […]

By | March 27th, 2023 ||

Locke Lord Dallas Team Secures Acquittal Verdict on Antitrust Count

A Locke Lord Dallas team led by Paul Coggins and Jennifer McCoy secured a jury verdict acquitting the Firm’s client, Neeraj Jindal, on the antitrust count in the DOJ’s first-ever criminal wage-fixing case.

Following an eight-day trial in the U.S. District Court for the Eastern District of Texas, the jury found Jindal, the former owner of a physical therapy staffing company, not guilty of violating Section 1 of the Sherman Act after the government charged him with conspiring with […]

By | March 25th, 2023 ||