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Finally, these changes are an important addition to improvements made by Law No. 14,596/2023, which provides for transfer pricing rules and enters into force on January 1, 2024, and will repeal legal provisions that established the recordal obligation for tax deductibility purposes. [read post]
7 Aug 2023, 9:12 pm by Bona Law PC
Authors: Steven Cernak and Luis Blanquez As we explained in a prior post, the new draft merger Guidelines issued recently by the FTC and DOJ cite to several older court opinions that may be unfamiliar to antitrust practitioners who have been focused for decades exclusively on earlier versions of the Guidelines. [read post]
2 Aug 2023, 7:00 am by Miquel Montañá (Clifford Chance)
In a nutshell, it alleged that Daiichi had reduced the price of Evista® “voluntarily” and that, in any event, such price reduction was a natural consequence of the regulatory regime. [read post]
26 Jul 2023, 2:25 pm by Howard Knopf
The bottom line is that AC offers virtually no value at any price for its PSE licenses. [read post]
24 Jul 2023, 3:59 pm by Bona Law PC
Authors: Steven Cernak and Luis Blanquez On July 19, 2023, the FTC and DOJ Antitrust Division issued the draft of their long-anticipated Merger Guidelines. [read post]
19 Jul 2023, 5:32 pm by Bona Law PC
Authors: Molly Donovan & Steven Cernak The Federal Trade Commission has sued to block IQVIA’s proposed acquisition of Propel Media—a deal the FTC says would combine two of the top three providers of programmatic advertising that target U.S. healthcare providers on a one-to-one basis. [read post]
13 Jul 2023, 6:30 am
Posted by Gail Weinstein, Philip Richter and Steven Epstein, Fried, Frank, Harris, Shriver & Jacobson LLP, on Thursday, July 13, 2023 Editor's Note: Gail Weinstein is Senior Counsel, and Philip Richter, and Steven Epstein are Partners at Fried, Frank, Harris, Shriver & Jacobson LLP. [read post]
13 Jul 2023, 6:30 am
Posted by Gail Weinstein, Philip Richter and Steven Epstein, Fried, Frank, Harris, Shriver & Jacobson LLP, on Thursday, July 13, 2023 Editor's Note: Gail Weinstein is Senior Counsel, and Philip Richter, and Steven Epstein are Partners at Fried, Frank, Harris, Shriver & Jacobson LLP. [read post]
10 Jul 2023, 6:47 am by Unknown
On the day of the merger announcement, Portola’s stock price increased more than 130 percent, resulting in the following profits: Cronin - $72,000; Mendoza - $39,000, Kaplan - $472,000; and Feldman - $1.73 million. [read post]
8 Jul 2023, 4:33 pm by Barry Barnett
  On the cost side, the now-indispensable economics experts might charge, in a private case, millions and even tens of millions of dollars to define the relevant market, compute the “but for” price of the goods or services in question, prove the losses resulting from anticompetitive conduct, establish that common elements of proof will predominate over individual proof, and disprove the inevitable theoretical pro-competitive justifications for facially anticompetitive… [read post]
7 Jul 2023, 1:42 am by Seán Binder
Ben Hubbard and Steven Erlanger report for the New York Times. [read post]
6 Jul 2023, 9:05 pm by renholding
This post comes to us from Jing Chen at Stevens Institute of Technology School of Business, Michael J. [read post]
21 Jun 2023, 2:49 pm by Ajamie LLP
When problems began to surface, Steven Keenan, Apache’s senior vice president of worldwide exploration, quickly resigned and the company’s stock price fell from $39.07 a share on April 22, 2019, to $7.76 on March 12, 2020, according to the complaint. [read post]
18 Jun 2023, 6:00 am by Lawrence Solum
Market prices won't do as a proxy for utility, for a variety of reasons including wealth effects. [read post]
16 Jun 2023, 6:11 am by Rob Robinson
– ComplexDiscovery June 16, 2023 Update* Vendor Voices in eDiscovery: From Remote Collection and New Business Models to Pricing, Partnerships, and Promotions ComplexDiscovery A Pivotal Moment for Mobile Discovery? [read post]
14 Jun 2023, 2:26 am by Seán Binder
Steven Grattan reports for Reuters. [read post]