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Antitrust And Trade Regulation Lawyer

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Antitrust or competition laws are laws which prohibit anti-competitive or unfair business practices. The term "antitrust" derives from the U.S. law which was originally formulated to combat "business trusts", now more commonly known as cartels.

History
Alabama became the first U.S. state to enact an antitrust law on February 23, 1883. The United States federal government passed the Sherman Antitrust Act in 1890, although it was not put to use for several more years. Several large conglomerates such as the Northern Securities Company, the Standard Oil company, and the American Tobacco Company were found to be illegal trusts, and broken up by the courts.

More recently, large American companies AT&T and Microsoft have been sued by the U.S. government for antitrust violations. (Wikipedia article)

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Antitrust And Trade Regulation News

Gibson Dunn Adds Antitrust Partner in New York (PR Newswire via Yahoo! Finance)
Gibson, Dunn & Crutcher LLP is pleased to announce that Stacey Anne Mahoney will be joining the New York office as partner.

Korea Hot Stocks-NHN, Ssangyong E&C, Daewoo Shipbuilding (Reuters via Yahoo! Singapore News)
SEOUL, May 9 - Stocks on the move on Friday include:

Congress probes Meralco (Philippine Daily Inquirer)
MANILA, Philippines—President Gloria Macapagal-Arroyo’s allies in the House of Representatives and in the Senate are out to draw first blood on the Lopez-owned Manila Electric Co. next week with hearings that would center on Meralco’s high power rates as a possible result of violations of antitrust laws.

House Democrats Try Again With Net Neutrality Bill (InternetNews.com)
Eyeing anticompetitive threats, lawmakers bring forward new legislation to curb ISPs' network management.

Banking and Financial (Mondaq)
The FRB proposed rules regarding credit cards and overdraft services. The proposals would amend Regulations AA (Unfair Acts or Practices), Z (Truth in Lending) and DD (Truth in Savings). The unfair acts or practices proposal is a joint proposal of the FRB, OTS and NCUA.


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