Antitrust Law

Lupin's US arm signs $30 million litigation settlement with Humana Inc

Pharma major Lupin Ltd on Friday said its arm Lupin Pharmaceuticals, Inc USA has entered into a USD 30 million settlement agreement with Humana Inc for litigation over alleged anti-competitive practices. Lupin Pharmaceuticals, Inc USA (LPI) has been involved in multiple civil lawsuits alleging anti-competitive behaviour related to certain products and violation of federal and state antitrust laws. These multiple civil lawsuits were then combined into the collection of similar cases referred to as 'In Re Generic Pharmaceuticals Antitrust Litigation' located in Philadelphia, Pennsylvania, Lupin said in a regulatory filing. "While LPI denies the allegations, bu considering that other defendants have recently settled the case and in order to avoid the costs and uncertainties of continued litigation, LPI has entered into a settlement agreement with one of the plaintiffs namely Humana Inc. (Humana)," it added. Under the terms of the agreement, LPI will pay USD 30 million in consideration

SC refuses to halt CCI probe into JioStar over 'abuse of dominance'

On February 28, 2022, the CCI recorded a prima facie view that the conduct warranted scrutiny and directed its Director General to investigate under Section 26(1) of the Act

Apple asks Delhi HC to stop CCI from seeking its financial records

Apple has moved the Delhi High Court to block India's antitrust watchdog from seeking its global financial records amid a probe into App Store practices

Global turnover penalty illegal, not delaying CCI case: Apple tells HC

Apple is contesting rules that allow the Competition Commission of India (CCI) to impose penalties retrospectively based on a company's global turnover

CCI finds Tata Steel, JSW, SAIL, 25 others guilty of steel price collusion

The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case

CCI directs 2 Ludhiana firms to cease, desist from anticompetitive conduct

The Commission found that the quotation of identical prices, timing of submission of financial/commercial bids and similar prior conduct support the conclusion of concerted action

US court allows Meta to keep WhatsApp, Instagram: Decoding the case

A US federal court has rejected the FTC's attempt to break up Meta, ruling that Instagram and WhatsApp can remain under the company's control - a major blow to regulators targeting Big Tech dominance

Madison Communications asks court to quash antitrust probe into ad agency

Madison was among numerous ad agencies and a group of broadcasters raided by CCI on suspicion of collusion over advertising rates and discounts, in strictest regulatory action on the sector to date

CCI raids steel makers Jindal Saw, Maharashtra Seamless in antitrust case

The case was triggered by a complaint from state-run Oil and Natural Gas Corporation in 2023, related to bidding of certain tenders by the steel pipe companies

FedEx, UPS, DHL executives to face fresh scrutiny in India's antitrust case

Many foreign and domestic companies are bullish about the Indian courier and parcel delivery market

Musk threatens legal action against Apple over alleged antitrust violations

Elon Musk said that Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store

Google facing at least 12 billion euro in damage claims across Europe

The civil suits are linked to a 2017 decision by the European Commission to fine Google 2.4 billion euro for illegally leveraging its search dominance

Google loses ad monopoly case as big tech faces ongoing antitrust battles

Along with Google and Meta, Amazon and Apple are also currently facing significant antitrust challenges in the US

'Facebook is no longer the culture', says Zuckerberg on fading relevance

In internal emails revealed in court, Meta CEO Mark Zuckerberg admits Facebook's cultural relevance is slipping, calling its friend-based model outdated and less engaging

After antitrust raids, Indian ad group warns against pricing coordination

The March 18 surprise searches followed tip-offs under a leniency scheme by the CCI that reduces penalties for companies providing evidence, Reuters has reported, with Dentsu one of those applying

Meta vs FTC: Zuckerberg defends acquisitions in high-stakes monopoly trial

Meta CEO Mark Zuckerberg testifies in antitrust trial, defending Instagram and WhatsApp acquisitions amid FTC claims of stifling competition; a potential breakup looms

Apple loses antitrust court case in Germany, faces increased scrutiny

While the court ruling is a win for the German antitrust watchdog, the crackdown by powerful EU regulators is more of a threat to Big Tech, said Assimakis Komninos, a partner at White & Case

Apple loses German antitrust appeal, opening door for greater controls

With that, Apple joins Google parent Alphabet and Facebook owner Meta on Germany's growing list of tech giants subject to possible measures curbing their dominance

UK antitrust body raises concerns about Apple and Google's mobile browers

Apple's Safari and Google's Chrome browsers dominate the market, it said, with Safari accounting for 88% of browsers on Apple devices and Chrome accounting for 77% on devices running Google's AOS

Google loses fight on Android Auto access as EU court backs Italy watchdog

The Italian watchdog fined Google 102 million euros ($106.7 million) in 2021 for blocking Enel's JuicePass on Android Auto