Ben Gris

Sep 25, 2024 | mondaq.com | Ben Gris |Jonathan Cheng |Jessica Delbaum |Noah A. Brumfield

The U.S. antitrust agencies are routinely on alert for violations of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act"), even in instances where there are no competitive or otherwise apparent antitrust concerns. To showcase this, last week, the Federal Trade Commission ("FTC") announced an approximately $1 million civil penalty against an individual for his alleged failure to file his open market acquisition of Wells Fargo & Company ("Wells Fargo") shares.

Jul 10, 2024 | mondaq.com | Gillian Emmett Moldowan |Matthew Behrens |Jessica Delbaum |Ben Gris

On July 3, 2024, the United States District Court for the Northern District of Texas (the "Court") in Ryan LLC v. Federal Trade Commission ("Ryan") preliminarily enjoined the U.S. Federal Trade Commission ("FTC") from enforcing its recently promulgated, but not yet effective, non-compete rule (the "Non-Compete Rule") against plaintiff Ryan LLC and certain trade groups serving as plaintiff-intervenors.

Jan 25, 2024 | jdsupra.com | Jonathan Cheng |Jessica Delbaum |Ben Gris

The Federal Trade Commission (“FTC”) has announced updated filing thresholds and related filing fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”). The new HSR Act thresholds will go into effect 30 days after publication in the Federal Register (likely effective late February 2024) and will apply to all transactions closing on or after that date. We will provide an update upon publication that provides the effective date of the new HSR Act thresholds.

Jul 24, 2023 | jdsupra.com | Jonathan Cheng |Jessica Delbaum |Ben Gris

Proposed FTC and DOJ Merger Guidelines Formalize Biden Administration’s Aggressive Vision for Merger Enforcement – Top Ten TakeawaysWhen losing, some players seek to change the rules. Others seek to change the playing field.