By Jay L. Levine on In this episode, Jay talks to Oded Shenkar, Ford Motor Company Chair in Global Business Management and Ohio State professor, about the challenges and opportunities facing foreign businesses who wish to come to the United States. The duo talks about regulatory matters, strategic factors and how the political climate will affect a company’s decision to … Continue Reading
By Jay L. Levine and Brett Thornton on Ohio has become a hot spot for venture capitalists to invest in companies. The level of talent and sense of community that the state provides are just a few of the reasons VC’s are putting their money here. Jay talks with Falon Donahue, CEO of Venture Ohio, and Porter Wright attorney Brett Thornton about why … Continue Reading
By Jay L. Levine on Gun jumping – coordination before merger clearance – isn’t just an American issue. Jay and Andre Gilbert, a Brazilian competition attorney, discuss what happens in Brazil when parties work together prior to the approval of a merger – Brazil’s standards, potential fines and the penalties companies might be faced with when this happens.… Continue Reading
By Jay L. Levine on Before the independence of CADE (the Administrative Council for Economic Defense), it could take months for Brazilian mergers to be approved. Jay talks to Brazilian competition attorney Andre Gilberto about how the Brazilian government improved the process for reviewing antitrust and merger cases, what crimes can be criminally prosecuted and merger control.… Continue Reading
By Porter Wright on In 1982, Congress enacted the Foreign Trade Antitrust Improvements Act (FTAIA) because it believed that, in the interests of international comity, U.S. antitrust jurisdiction over international commerce should be limited to conduct that affects the U.S. domestic market. The effect of the FTAIA was to insert a new section into the federal antitrust statutes, 15 … Continue Reading
By Jay L. Levine on Our colleagues at Federal Securities Law Blog report that four of the world’s largest banks — Citigroup, JPMorgan Chase, Barclays and Royal Bank of Scotland — have pleaded guilty to federal antitrust violations for conspiring to manipulate foreign-currency markets. Under the plea agreements, the banks have agreed to be placed on probation and pay criminal fines … Continue Reading
By Darcy Jalandoni on Last week, a federal district judge denied a motion to dismiss filed by 12 banks in a class-action antitrust lawsuit alleging they had rigged the foreign exchange (forex) markets. In response, defendant JPMorgan Chase & Co. promptly settled the lawsuit for $99.5 million and an agreement to assist in the prosecution of claims against the … Continue Reading