On March 28, 2012, the U.S. Department of Justice, Antitrust Division issued its 2012 annual newsletter, which includes summaries of the DoJ’s Civil and Criminal Programs, International Program and competition advocacy and policy efforts in 2011.
Some interesting merger-related highlights of the DoJ’s newsletter include its report that premerger notifications in the U.S. under the HSR Act were up over 24% in 2011 (1,450 notifications in FY 2011 compared to 1,166 in 2010) and that it filed16 enforcement actions since April 1, 2011 (an increase from 6 in the previous year). The DoJ discusses the following transactions, among others: AT&T Inc. / T-Mobile USA Inc., H&R Block Inc. / TaxACT, NASDAQ QMX and IntercontinentalExchange Inc. / NYSE Euronext, VeriFone Systems Inc. / Hypercom Corp. and three high profile patent-related transactions: Google Inc.’s acquisition of Motorola Mobility Holdings Inc., the acquisitions by Apple Inc., Microsoft and RIM of Nortel Networks patents and the acquisition by Apple of Novell Inc. patents.
Some of the interesting criminal developments reported by the DoJ include the fact that it filed 90 cases (more than in almost 25 years), including in the auto parts, municipal bonds, real estate foreclosure auctions and freight forwarding industries. The DoJ also reports more than $500 million in fines obtained, more than 10,000-jail-days in imposed jail terms and the second largest fine in the history of its criminal program ($470 million against Yazaki Corporation in relation to the DoJ’s auto parts price-fixing and bid-rigging investigation).
For the DoJ’s newsletter see:
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Templates/precedents and checklists to run promotional contests in Canada
Templates/precedents and checklists to comply with Canadian anti-spam law (CASL)
