antitrust laws News

DOJ Antitrust Losses in Court Are Seen as Setback for Biden’s Merger Crackdown

In the span of just a month, federal judges rejected the US Justice Department’s attempts to block three mergers in the health technology, agriculture and defense contracting industries. The agency is considering appeals – and points out it’s racked up …

Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws

A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities have run into an unexpected opponent of their planet-friendly mission: competition law. The Net-Zero Insurance Alliance, which counts AXA SA, …

Italy Probes Alleged Cartel Among Auto Insurers, Including Allianz Direct, Zurich

MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies and insurance price comparison companies to limit competition for automobile insurance. In a statement, the Italian Competition Authority said the …

Key Lawmaker Eyes Ban on Mergers to Protect Small Firms During Coronavirus Crisis

The chair of the House Judiciary Committee’s antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about to fail. Democratic U.S. …

South Dakota Firm Barred From Insurance Price-Negotiating

A company run by a South Dakota state lawmaker that negotiates contracts between chiropractors and insurance companies has agreed to discontinue that portion of its business after federal regulators said it violated antitrust rules. The Justice Department accused Chiropractic Associates …