News
New York Bus Tour Giants, Caught in Collusion Schemes, Settle for $2.5M
An investigation by Attorney General, New York (‘OAG’), uncovered that two major players in New York City’s tourism industry, Bus Tours Limited (‘Big Bus’) and Twin America, LLC (‘Twin America’), were engaged in collusive agreements to stifle competition, by reducing service options for the consumers and potentially raising prices for tourists. Both companies agreed to … Continue reading New York Bus Tour Giants, Caught in Collusion Schemes, Settle for $2.5M
Supreme Court holds Ancillary Reliefs as Unenforceable, If the Primary Relief Is Time -Barred
The Supreme Court of India (‘SC) observed that when the suit is barred by law in terms of main relief, then other ancillary reliefs also becomes unenforceable. The SC held that as auxiliary reliefs are dependent upon the main relief, they cannot be granted until and unless the plaintiff succeeds in the main relief.
Meta Faces Major Antitrust Trial
Meta Platforms, Inc. (‘Meta’) faces a major antitrust trial after a six year-long investigation by the Federal Trade Commission (‘FTC’). The FTC alleged that Meta engaged in a “buy and bury” approach in regards to the acquisitions of Instagram and WhatsApp, and regarded the acquisitions as a calculated strategy to stifle competition and maintain its … Continue reading Meta Faces Major Antitrust Trial
Jazz Pharmaceuticals Agrees to $145 Million Settlement in Antitrust Case
The lawsuit concerning the distribution of the narcolepsy treatment drug Xyrem against Jazz Pharmaceuticals (‘Jazz’) by a group of indirect purchasers reached a settlement of $145 million. The suit pertained to allegations against Jazz for engaging in an anti-competitive “pay-for-delay” scheme, where Jazz made arrangements to delay the market entry of lower-cost generic versions of … Continue reading Jazz Pharmaceuticals Agrees to $145 Million Settlement in Antitrust Case
Supreme Court Holds that Anticipatory bail in Economic Offences Should Be Granted Sparingly
The Supreme Court (‘SC’), stating the order to be ‘perverse orders and therefore untenable at law’, set aside the anticipatory bail granted by Punjab and Haryana High Court (‘High Court’) to various persons accused in the Adarsh Group of Companies scam. The SC held that economic offences are ‘class apart’ and offences and anticipatory bail, … Continue reading Supreme Court Holds that Anticipatory bail in Economic Offences Should Be Granted Sparingly
Antitrust Case against Bristol Myers over Pomalyst Patent Practices Dismissed
A U.S. Federal Judge dismissed a lawsuit by Blue Cross Blue Shield (Plaintiff) accusing Bristol Myers Squibb of unlawfully protecting its monopoly on cancer drug Pomalyst. The Court held that there was no sufficient evidence for Plaintiff’s claim that the company unlawfully delayed the entry of cheaper generic versions of Pomalyst into the market which … Continue reading Antitrust Case against Bristol Myers over Pomalyst Patent Practices Dismissed
UK Government’s Push to Weaken Cloud Encryption is challenged by Apple
Apple Inc. appealed against the Investigatory Powers Tribunal (‘IPT’) order, requiring the tech giant to weaken iCloud encryption. Apple contended the "technical capability notice" which requires it to create a backdoor for encrypted data, even if the data belongs to users outside the UK which raises crucial questions about the balance between user privacy and … Continue reading UK Government’s Push to Weaken Cloud Encryption is challenged by Apple
Tour Operator Firms fined €20 million by AGCM
The Italy Antitrust Authority (AGCM) has imposed a €20 Million fine on a cultural co-operative and six tour operators for engaging in anti-competitive practices in ticket sales for the Colosseum Archaeological Park in Rome. This anti-competitive behaviour included creating barriers for direct online purchase of standard tickets, ultimately forcing consumers to seek tickets through third-party … Continue reading Tour Operator Firms fined €20 million by AGCM
Abetment of Suicide Require Clear & Proximate Evidence: SC
The Supreme Court (‘SC’) acquitted a man, convicted nearly three decades ago for allegedly abetting his wife's suicide, emphasizing that mere allegations of harassment or strained relations are insufficient for a conviction under Section 306 IPC. It highlighted that convictions for abetment of suicide require clear proximate evidence of instigation, not just emotional strain.