Archive for the 'News' Category
November 19, 2013
The U.S. Federal Trade Commission (FTC) announced that it has obtained a federal court order to temporarily halt the operations and freeze the assets of an alleged fraudulent Montreal-based “Yellow Pages” business directory scheme. In making the announcement, the FTC said: “Hiding behind borders to scam churches and small businesses is a tactic that we’ve seen before. … Scammers need to know that we have great relationships with our law enforcement partners in Canada and, as this case shows, we can and will work together to protect our consumers.”
November 15, 2013
Canada’s new Commissioner of Competition, John Pecman, delivered remarks yesterday in Toronto centered around what he has been referring to recently as the “4Cs” (the Competition Bureau’s four current areas of focus: compliance; communication; collaboration; and Canadians). As part of his remarks, as he has been doing since last fall, he once again discussed trade associations, and in particular association compliance and the importance of adopting credible and effective competition law compliance programs.
November 15, 2013
A few upcoming Canadian Bar Association (CBA) Competition Law Section events caught my eye including the following on the recent Apple cartel case and MFN provisions, recent Canadian and international corruption law developments, Supreme Court’s recent indirect purchaser class action judgments and a roundup of recent important competition law developments.
November 15, 2013
The Americans are not ones to pussy foot around when it comes to economic crime. Yesterday, the U.S. Senate’s Subcommittee on Antitrust, Competition Policy and Consumer Rights held cartel related hearings bluntly entitled “Time Change: Cartel Prosecution: Stopping Price Fixers and Protecting Consumers”. Testimony included remarks by William Baer (Assistant A.G. in the DoJ’s Antitrust Division), Ronald Hosko (Assistant Director in the FBI’s Criminal Investigative Division) and several academics and private antitrust practitioners. Witness testimony has now been posted along with a webcast – see: here.
November 12, 2013
The National Competition Law Section of the Canadian Bar Association (CBA) has published a new edition of its longstanding Canadian Competition Law Review (Fall 2013). This new issue includes the following articles (and two comments): “Monopsony Power and the Relevance of the Sell-Side Market”, “The Use of Reduced-Form Equations to Estimate Cartel Price Effects: Lessons from the Kingston Retail Gasoline Cartel” and “A Canadian Court Considers the Crown’s Repudiation of an Anti-Trust Plea Agreement: Still a Work in Progress”. For copies of the new papers see: Canadian Competition Law Review.
November 12, 2013
Earlier today, the ASEAN Experts Group on Competition launched a new regional ASEAN Competition Policy and Law web portal.
November 12, 2013
Advanced Antitrust U.S. San Francisco 2014
February 6, 2014 – Le Méridien, San Francisco. IBC Legal is proud to announce the leading industry event of the year in San Francisco, highlighting the most crucial legal developments and insightful updates in the field of U.S. antitrust law and policy over the past twelve months.
November 11, 2013
In one of the most interesting stories that caught my eye on my daily media sweep today, the Wall Street Journal is reporting that some of the U.S. big banks are considering blocking employees from computer chat rooms, based on growing market manipulation and collusion scrutiny from regulators (see: Big Banks May Block Traders From Chat Rooms). According to the WSJ, J.P. Morgan Chase and Credit Suisse are weighing whether to disable computerized chat rooms that link traders across multiple competing banks and are used by thousands of employees globally. Other banks, including RBS, Barclays and UBS, are reported to be reviewing chat room use and guidelines for controlling and monitoring communications.
Templates/precedents and checklists to run promotional contests in Canada
Templates/precedents and checklists to comply with Canadian anti-spam law (CASL)
