There's nothing illegal about being so big that you dominate a market.
NEW YORK (AP) -- NBA owners held a conference call Thursday to receive an update on the lockout, a person with knowledge of the details said.
Frustrated by an inability to negotiate a new collective bargaining agreement with owners, some NBA players have sought the advice of an antitrust attorney on the possibility of decertifying the National Basketball Players' Association. Such a maneuver would likely be followed by the filing of a class action antitrust lawsuit against the league and it would make the cancellation of the 2011-12 NBA more probable.
A few days ago, NFL owners approved a proposed 10-year collective bargaining agreement. The ball is now in the players' hands to approve or reject the proposal. Will NFL football soon return? Michael McCann breaks down what to expect this week.
Breaking down Wednesday's ruling by Judge Susan Nelson denying the NFL's request for a stay of her lockout decision ...
Breaking down Monday's ruling by Judge Nelson to enjoin the NFL lockout ...
Microsoft has a surprising ally in its argument that Google is an abusive monopolist: Samuel Miller, the prosecutor who led the federal government's first antitrust case against Microsoft more than a decade ago.
Now that the NFL Players Association has decided to decertify, here's a road map of what might happen next.
The NFL and the Players Association agreed Thursday to extend the expiration of the collective bargaining agreement by 24 hours, until 11:59 p.m. Friday, as they try to hammer out a new agreement. Here are some issues to keep in mind as the situation unfolds.
Athletes have trophies, gunslingers have notches, and David Boies has his wine cellars. The corridors en route are lined with framed headlines of his courtroom conquests. "The man who ate Microsoft!" proclaimed Vanity Fair; "Westy raised the white flag!" announced the New York Post, after Gen. William Westmoreland withdrew his libel suit against 60 Minutes. The climate-controlled cellars themselves, beneath his Georgian mansion in the northern suburbs of New York City, are stocked with 10,000 bottles of Bordeaux and California reds -- the evident spoils of success. But, as he tells you in a favorite tale, his beloved wine also becomes a reminder of what's made him the nonpareil lawyer of his time.
The Supreme Court unanimously ruled against the National Football League over its exclusive contract with an apparel maker in one of the most important sports law cases in decades.
"It's fascinatin' because we're in uncharted terri-tree," says the genial, Scottish, entertainingly named Hugh Grant, 52. He is the CEO of Monsanto, possibly America's most feared corporation. Monsanto dominates the agricultural biotechnology industry, whose audacious mission is to transform the genetic composition of the world's food supply. More than 80% of the soybeans and cotton harvested in this country now have at least one patented Monsanto gene in them, as does more than 70% of the field corn.
"It's fascinatin' because we're in uncharted terri-tree," says the genial, Scottish, entertainingly named Hugh Grant, 52. He is the CEO of Monsanto, possibly America's most feared corporation. Monsanto dominates the agricultural biotechnology industry, whose audacious mission is to transform the genetic composition of the world's food supply. More than 80% of the soybeans and cotton harvested in this country now have at least one patented Monsanto gene in them, as does more than 70% of the field corn.
The Federal Trade Commission is gearing up to possibly challenge the proposed merger between Google and mobile advertising giant AdMob on the grounds that it violates antitrust laws, according to news reports.
Google is being scrutinized by European antitrust officials, who have notified the Internet search giant that three companies have complained about its practices.
WASHINGTON -- To their credit, the nine U.S. Supreme Court justices didn't drop any strained football metaphors as they grilled attorneys Wednesday in a case that centered on an NFL apparel deal. That might be because they were too busy knocking down the league's Hail Mary.
On Wednesday, the United States Supreme Court will hear arguably the most important sports law case in U.S. history and one that could dramatically reshape how the NFL and other leagues conduct their business.
While today's Federal Trade Commission action against semiconductor giant Intel recycles some now familiar charges -- abuses of monopoly power that were the subject of suits previously filed against the company by rival AMD and regulators with the European Commission, Japan, Korea, and the New York State Attorney General's office -- it also advances new factual allegations and enlists some fresh and untested legal theories into the fray.
Should athletes whose college days are long behind them be paid when the NCAA licenses their images and likenesses? Should they be able to negotiate their own licensing deals with television networks, video game companies and various businesses that use those same images and likenesses?
Obama's Justice Department is getting serious about its antitrust crackdown, but what will that mean for consumers?
Each morning that he unlocks the doors of Cottage Pharmacy, owner Ken Villani fights a losing battle.
The U.S. Justice Department is investigating the hiring practices of some major players in the tech industry in the latest sign that the Obama administration is getting serious about its antitrust crackdown promises.
Big tech companies are likely targets for the Justice Department's antitrust crackdown, say experts, which could bode well for some smaller players.
Christine Varney has excellent timing. Just two days after the Obama administration's new head of antitrust enforcement announces that she will be a much tougher cop on the beat than her predecessor, the European Union says it is fining Intel $1.45 billion for using its market power to abuse its competitors.
European regulators slapped Intel Corp. with a record fine of $1.45 billion Wednesday after a nearly eight-year long antitrust case.
With its record $1.45 billion fine levied against Intel for allegedly anticompetitive activities, the European Commission -- the executive arm of the European Union -- is again showing its appetite for taking on and punishing big American companies.
President Obama's top antitrust official said Monday that the administration will aggressively crack down on antitrust violations, reversing a Bush-era policy that had weakened the government's ability to take on monopolies.
Intel says it has received a subpoena from the Federal Trade Commission concerning its practices in the microprocessor market
The verdict is in: Europe's tough antitrust authorities have the power they were looking for to crack down on U.S. companies they believe are illegally limiting competition and harming consumers.
An epic battle between Microsoft and the European Union takes an important turn Monday, when a court is set to rule on whether the software giant is a dangerous monopolist or the victim of overzealous regulators.
The Supreme Court on Thursday overturned a nearly 100-year-old precedent that some price-setting agreements between manufacturers and retailers are automatically illegal under federal antitrust law.
Google asked a federal judge Monday to extend the consent decree that settled the landmark antitrust case against Microsoft in order to address competition concerns involving the Windows Vista operating system.
The U.S. Supreme Court sided on Monday with Wall Street underwriters, and ruled that an antitrust lawsuit against them involving the pricing of initial public stock offerings cannot go forward.
Western companies will soon get a sneak peek at an unwelcome coming attraction: Chinese antitrust law. They're hoping it's not a horror show. A Shanghai court heard evidence in January in an antitr...
Advanced Micro Devices has finally arrived. Long the also-ran of the microprocessor business, a perennial distant second to industry behemoth Intel, AMD is now a contender. In the market for the cr...
In the first business case to hit the U.S. Supreme Court's docket this term, the chief justices will have to decide whether biotech firm Medimmune can have its cake and eat it too.
The Federal Trade Commission (FTC) said Thursday that the Austin Board of Realtors agreed to end a policy the FTC claims violates anti-trust laws and harms consumers by inflating costs.
The U.S. Supreme Court may be in recess until the fall, but Corporate America is already keeping a close eye on a number of influential business cases on the high court's docket for next term.
Spring is not even a month old but it's already promising to be a long hot summer for American drivers. Gasoline prices are surging toward highs not seen since the wake of Hurricane Katrina last fall - the national average now stands at $2.68 a gallon - and some experts are predicting $3.00 a gallon before long.
Johnson & Johnson was going to buy Guidant to grow its strongest line of business. But J&J lost. So it needs to buy something else to keep its most promising business rolling.
Corporations may soon have to think twice before forming a joint venture with a competitor.
At first blush, you may think it's a little spat about printer ink. But don't be fooled ... it's a Supreme Court battle that could change how you buy everything from car parts to razor blades to generic drugs.
Political observers are bracing for a firestorm with President Bush's most recent nomination to the Supreme Court, but business groups are likely to back the candidate hailed for his staunchly conservative record.
The long common practice of manufacturers giving certain retailers preferential deals on merchandise could come to an end in a case being argued before the Supreme Court.
It seems that Microsoft has gotten kind of, uh, soft, lately.
The Supreme Court convened for a new session Monday with a number of cases on its docket that could have a huge impact on the business world.
THE RECENT KEVIN BACON MOVIE The Woodsman strives to present an empathic portrayal of a child molester. In this article we venture a step beyond: an empathic portrayal of a cigarette maker.
Just days after settling one anti-trust lawsuit with Microsoft, Novell filed another one.
De Beers has agreed to plead guilty in a decade-long price-fixing case in a move that could allow the world's biggest diamond producer to return to the U.S. market after a nearly 50-year absence, a news report said Saturday.
Microsoft Corp. said Friday it will file a court appeal next week against a landmark European Union's ruling that accused the software giant of breaking European competition law.
On May 1, Europe becomes a much bigger place when ten countries join the European Union. With the addition of Slovakia, the Czech Republic, the Baltic states, Cyprus, Malta, Hungary, Poland, and Sl...
For Microsoft, it's judgment day.
With all due immodesty," says swaggering New York attorney Lloyd Constantine, "I know this better than anybody in the world."
Jesse Morreale was gearing up for the Van's Warped Tour, a punk-rock concert that appeared in Denver last summer. Morreale's 25-person company, Nobody in Particular Presents (NIPP), had been promot...
Jesse Morreale was gearing up for the Van's Warped Tour, a punk-rock concert that appeared in Denver last summer. Morreale's 25-person company, Nobody In Particular Presents (NIPP), had been promot...
There was a time not long ago when Scott McNealy would have jumped at the chance to beat up on Microsoft. The CEO of Sun Microsystems, McNealy has long been known as the world's greatest Microsoft ...
The Microsoft trial used to be about monopolies and software. But now that the case has moved into the D.C. Circuit Court of Appeals, it's clear that the focus has shifted. It's now about federal j...
While most of my best friends are not Republicans, some of them are. So it is hardly news that my good friend and former student Greg Mankiw will be voting for George W. Bush. Still, it's a bit dis...
It rained a little in Seattle on June 6, the day Judge Thomas Penfield Jackson issued his historic order to split Microsoft in two. And the 19,000 people who work at Microsoft's sprangly campus in ...
Whenever times are good, politicians line up to take credit. Democrats say the current prosperity is the result of Bill Clinton's fiscal responsibility. Republicans say we should thank Ronald Reaga...
What a wild couple of weeks it's been in Microsoft land! First, esteemed jurist Richard Posner, brought in as a mediator in the Microsoft antitrust case, thought he might be close to a settlement. ...
The Justice Department's antitrust case against Microsoft has been a spectacle--sort of a jurisprudential Super Bowl--and unless the two teams settle, it is likely to go on for years, wending its w...
It's rare and more than a bit cheeky for a federal appeals judge to declare a controlling U.S. Supreme Court precedent to be "wobbly," "moth eaten," and "unsound." It's rarer still for the Supreme ...
MONDAY, JAN. 4: For weeks we'd been hearing rumors about the Intuit testimony. Intuit CEO William Harris, scheduled to be the second-to-last witness in United States v. Microsoft, would make some p...
WEDNESDAY, DEC. 2: Weird day today. In Washington, the 150 or so people attending the Microsoft antitrust trial are watching the latest installment in our favorite video series: Billg Gives a Depos...
Whenever an important tobacco case goes to trial--and there have been some half-dozen trials in the past six years--a tobacco analyst named Gary Black, from the Wall Street research firm Sanford C....
MONDAY, OCT. 19: United States v. Microsoft is less than an hour old and--whoa!--there's Bill Gates. Not in person, of course; it was revealed weeks ago that neither the government nor Microsoft pl...
Here it comes: the real trial of the decade. No, not another O.J.-style circus or a made-for-the-tabloids nanny trial, but rather the high-stakes antitrust lawsuit United States v. Microsoft, which...
As Microsoft and its legions of lawyers got ready for an October court date in Washington, D.C., for the U.S. v. Microsoft antitrust case, a lesser legal drama unfolded in federal court in San Jose...
University of California at Davis economist George Bittlingmayer has concluded that increased antitrust enforcement is a prelude to a bear market. The feds' cases against Microsoft and Intel make i...
The queue of students stretched through the lobby and out the door of the University of Washington's Husky Union Building in Seattle on a balmy Friday afternoon in late May. You could tell by the a...
By sheer coincidence, National Book Award winner Ron Chernow's biography of the leading industrialist of the Gilded Age, John D. Rockefeller, was published on the eve of the Justice Department's Ma...
With the Justice Department hammering away at Microsoft and suing to block the proposed merger between Lockheed Martin and Northrop Grumman, the perennial debate about antitrust policy has taken on...
The Republican platform contains an almost eloquent passage about the evils of government regulation. Headed ''Liberation Through Deregulation,'' it assails the infamous ''iron triangle'' -- specia...
After a somnolent decade, the antitrust brigade is back with a vengeance -- as airlines, Ivy League universities, Arizona dentists, and Salomon Brothers, all of whom have been investigated by the J...
Their skills, their fields of accomplishment, and even their social behavior could hardly be more different. But this year's laureates elected by FORTUNE's board of editors to the National Business...
The economic expansion of Japan seems unstoppable. The U.S., once the paragon of productivity, continues to lag. Korea's prospects brighten as Britain's fade. Italy succeeds in spite of, or perhaps...
ONE OF the great accomplishments of the Reagan era was to reduce government intrusion into business decision-making, from the boardroom to the shop floor. Kiss those days goodbye. No matter who win...
Put yourself in the cleats of the professional athlete. Having aced your way through an MBA in high finance, you are drafted in the second round by Green Bay Securities -- a well-established, mediu...
LESTER THUROW, liberal economist, guides his van through Boston's idiosyncratic traffic, his radar detector switched off for the short run to Logan Airport. A flight to Washington will take him to ...
The scandal on Wall Street broadened significantly when Boyd L. Jefferies, 56, admitted criminal violations of securities laws. He also settled civil charges by the Securities and Exchange Commissi...
WITH REGULATORS blessing mergers galore in recent years, some observers have characterized the Reagan Administration's antitrust policies in just two words: Anything goes. But suddenly this widespr...
MOST BUSINESS lobbyists cheered the idea of sweeping antitrust reform when President Reagan put forth his proposals on the subject in late February. But few of them were popping champagne corks onc...
A BRAWL IS BREWING in the Senate as beer wholesalers once again roll out a bill making it easier for them to get exclusive distribution rights within their territories. Soft-drink bottlers got just...
NO ONE in the U.S. telephone business has reached out and touched more people --or taken more heat for it--than Harold H. Greene, 62, the federal judge who approved the breakup of AT&T. Newspaper e...
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