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Oct 15, 2024 |
jdsupra.com | Jacqueline Beveridge |Benjamin Dryden |Richard Flannery
The FTC has finalized significant changes to the information and level of detail that will be required in premerger antitrust filings under the HSR Act. The new rules will take effect in early 2025.
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Oct 14, 2024 |
natlawreview.com | Benjamin Dryden
The FTC has finalized significant changes to the information and level of detail that will be required in premerger antitrust filings under the HSR Act. The new rules will take effect in early 2025.
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Aug 16, 2024 |
jdsupra.com | Benjamin Dryden
On August 14, 2024, the United States District Court for the Middle District of Florida issued a preliminary order holding the Federal Trade Commission’s (FTC) ban on employee noncompetes (the “Noncompete Rule”) to be unlawful. However, the court limited its order to the specific plaintiff that brought that particular case. The court, in other words, did not issue any relief from the Noncompete Rule for the millions of other employers across the country.
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Jul 5, 2024 |
natlawreview.com | Benjamin Dryden
On July 3, 2024, the U.S. District Court for the Northern District of Texas entered an order enjoining the enforcement of a rule established by the Federal Trade Commission (FTC) abolishing the vast majority of employee noncompetes across the United States (the “Rule” or the “Noncompete Rule”). The Court’s Order is preliminary, and it only applies to the individual plaintiffs in that case.
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Jul 1, 2024 |
natlawreview.com | Benjamin Dryden
In this episode, Benjamin Dryden, vice chair of Foley’s Antitrust & Competition Practice Group and David McMillan, managing principal of consulting and chief financial officer at PYA, discuss the FTC’s most recent decision to ban non-competes and how this ban will affect the health care & life sciences industry. Please note that the interview copy below is not verbatim. We do our best to provide you with a summary of what is covered during the show.
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Apr 29, 2024 |
jdsupra.com | Benjamin Dryden |Kate L. Pamperin |Mark Grundvig
On April 23, 2024, the U.S. Federal Trade Commission (FTC or Commission) finalized a rule, by a vote of 3-2, abolishing the vast majority of employee covenants not to compete across the United States (the Non-Compete Rule or Rule).
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Apr 26, 2024 |
natlawreview.com | Benjamin Dryden
On April 23, 2024, the Federal Trade Commission (“FTC” or the “Commission”) voted to finalize a rule abolishing the vast majority of employee noncompetes across the United States (the “Noncompete Rule” or “Rule”). The FTC first announced its proposal to ban noncompetes in 2023, prompting over 26,000 public comments in response. The FTC has been reviewing these comments ever since, culminating in this week’s vote during an open meeting of the five-member Commission.
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Mar 18, 2024 |
mondaq.com | Benjamin Dryden
On December 18, 2023, the Federal Trade Commission and
Department of Justice, Antitrust Division (together, "the
Agencies") jointly released a significant revision and
expansion to the federal Merger Guidelines (the
"Guidelines"), the document that lays out the
framework for how the Agencies analyze mergers for potential
antitrust concerns. The revisions include a number of changes that
we have discussed before, including a presumption against
mergers that create a market share above 30%.
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Mar 14, 2024 |
mondaq.com | Diane Hazel |Benjamin Dryden |Kate E. Gehl
The U.S. Federal Trade Commission (FTC) recently published a blog post warning that the use of algorithms
to assist in determining prices may violate federal antitrust laws,
regardless of the business or industry. The FTC blog references a
Statement of Interest that it and the U.S. Department of Justice
(DOJ) (together, the Agencies) filed earlier that same day in
Duffy v. Yardi Systems, Inc. in the Western District of
Washington.
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Mar 12, 2024 |
jdsupra.com | Benjamin Dryden
On December 18, 2023, the Federal Trade Commission and Department of Justice, Antitrust Division (together, “the Agencies”) jointly released a significant revision and expansion to the federal Merger Guidelines (the “Guidelines”), the document that lays out the framework for how the Agencies analyze mergers for potential antitrust concerns. The revisions include a number of changes that we have discussed before, including a presumption against mergers that create a market share above 30%.