Author: 21st Century Competition

US: Silicon Valley non-poaching defendants seek settlement approval (Competition Policy International)

The defendants named in a high-profile lawsuit over non-poaching agreements have reportedly filed to have their $324.5 million settlement approved by a judge.

Apple, Google, Intel and Adobe reached the settlement offer last month, but it wasn’t until last Thursday that the proposal was filed and the terms of the settlement …read more

Norway: Global airline workers groups fight Norwegian Air permit (Competition Policy International)

Groups of airline workers around the globe are reportedly petitioning the US Department of Transportation to deny Norwegian Air International a foreign air carrier permit, arguing the company’s efforts to enter the US airline market would harm competition and promote unfair labor practices.

The globe’s largest flight attendant union, the Association …read more

US: Goldman, JPMorgan sued in new metals fixing case (Competition Policy International)

Goldman Sachs and JPMorgan Chase are facing a new lawsuit over metals price-fixing, this time over allegations of inflating zinc prices.

The banks, along with the London Metal Exchange and metal warehouse operators, have been sued for allegations of aluminum supply and price manipulation. But a lawsuit filed Friday named the …read more

India: Sun, Ranbaxy merger to proceed after insider trading claims (Competition Policy International)

A court in India has reportedly removed a stay on the merger between pharmaceutical giants Sun Pharmaceutical and Ranbaxy after allegations surfaced of insider trading.

The $3.2 billion merger was put on hold after a group of investors filed to have an investigation launched into the merger, claiming insider trading had …read more