ABA Antitrust: Global Private Litigation Committee

📢 New Contribution Announcement! We are thrilled to share a brief summary addresing the first collective action filed by Mexico's Federal Economic Competition Commission (COFECE). This landmark case seeks compensation for damages caused by a cartel in the pharmaceutical distribution market, potentially reshaping private litigation and collective redress in Mexico's competition policy. Key Highlights: 🔸 Case Overview: COFECE is pursuing 2.316 billion MXN in damages from major pharmaceutical distributors for colluding to manipulate prices and restrict supply. 🔸 Implications: This case could set important precedents for antitrust damages claims and collective actions in Mexico. 🔸 Insights: Contribution from Lucia Ojeda and Francisco Javier Garcia del V. Torres provide a brief analysis of the legal complexities involved. We invite practitioners in competition law to read and engage with this critical document, as it outlines the evolving landscape of antitrust enforcement in Mexico. #Antitrust #CompetitionLaw #CollectiveAction #Mexico #LegalInsights

🌟 Review of a New Working Paper Alert! 🌟 We are excited to share a brief review of the working paper titled "Antitrust Damages Litigation in Latin America: A Comparative Study" by Michael Jacobs , now available for review and feedback.This comprehensive study, released by CentroCompetencia UAI delves into the evolving landscape of private antitrust damages litigation in Latin America, with a focus on Chile, Peru, Ecuador, and Colombia. It offers a comparative analysis with established frameworks in the United States, Canada, the United Kingdom, and the European Union. ➡ Why It Matters: Anticompetitive practices like price-fixing cartels have significantly harmed consumers across Latin America. This paper identifies obstacles to effective private enforcement and proposes potential reforms to enhance compensation and deterrence. ➡ Read the full paper here: : https://lnkd.in/e5CPGnbb ✳ The author welcomes comments and feedback to improve the paper before its final release. Let's work together to strengthen antitrust regimes in Latin America! #Antitrust #CompetitionLaw #LatinAmerica #PrivateLitigation #LegalReforms #CentroCompetencia 

📢 Important Program Update 🔔 Key Supplement: The EU Attorney General issued a formal opinion today on the antitrust arguments presented by Booking.com. This opinion is a crucial development in the ongoing EU investigation into Booking.com's price parity requirements for hotel room pricing. Join our panel as they discuss the opinion and its far-reaching implications for the industry. Don't miss this insightful discussion! 👇 #Antitrust #BookingDotCom #EUInvestigation #HotelIndustry #LegalUpdate #PanelDiscussion

🚨 Join Our Webinar: The Price is Right (or Wrong?): Litigating Pricing Practices in the US and Europe 🚨 🗓 Date: June 18, 2024 🕒 Time: 11 AM EDT 💻 Format: Webinar ⏳ Duration: 60 minutes In this panel session, our experts will delve into the hot antitrust debate surrounding price parity restrictions and algorithmic pricing, as seen in ongoing litigations and investigations. Featuring practitioners from both Europe and the U.S., we'll explore and compare theories and trends from both sides of the Atlantic. 👥 Panelists: Moderator: Valarie Williams, Alston & Bird LLP Speakers: Allison Smith, Wilson Sonsini Helen Gornall, De Brauw Blackstone Westbroek Thomas G. Funke, Osborne Clarke 🔗 Register NOW: https://lnkd.in/eTbRYcqV 🔄 Share this post and spread the word! #Webinar #Antitrust #PricingPractices #LegalDebate #US #Europe #LegalExperts #RegisterNow #PrivateLitigation Kevin H.

🚀 Exciting Announcement! 🚀 The Global Private Litigation Committee is hosting an insightful webinar moderated by Ellie Quinby, our Vice Chair. Don't miss this chance to gain valuable insights from leading experts on "Antitrust and the Labor Market." 📅 Date: May 16, 2024 ⏰ Time: 1 PM EDT ⏳ Duration: 60 minutes 📍 Format: Webinar We'll explore antitrust enforcement in the US and EU labor markets, shedding light on legal frameworks, economic theories, and the history of private and public actions. Focus areas include non-competition, wage-fixing, no-poach, and information-sharing agreements. Moderator: Ellie Quinby - Preti Flaherty Speakers: Jordanne Steiner (Miller) - Wilson Sonsini Goodrich & Rosati Nicole R. - Oxera Consulting LLP Steven N. Williams - Steven Williams Law P.C. 🔗 Register NOW to stay ahead in this evolving landscape! https://lnkd.in/gu-GPjns #Antitrust #LaborMarket #GlobalLitigationCommittee #Webinar

See below for information about an upcoming program on May 21, 2024 that may be of interest to many of you. Please join the International Comments and Policy Committee for an enlightening webinar as Maureen Ohlhausen and Sarah Bartels facilitate an in-depth discussion of key competition and consumer protection issues with Sarah Cardell, CEO of the UK Competition and Markets Authority. Ms. Cardell will provide insights into the CMA’s organization, cases, priorities, and policies, how the CMA’s actions affect your practice, and how you can effectively interact with the CMA. Date: May 21, 2024 Time: 11:00am - 12:15pm ET Registration Link: https://lnkd.in/euKdVeYV

Another exceptional panel, sponsored by the Global Private Litigation Committee is happening now: "Mass Arbitration Meets Arbitration - And More”. #LegalInnovation #Antitrust #Arbitration #GlobalLitigation #ATSpring

📢Happening now: "Global Private Litigation in the Digital Economy" panel, a timely discussion sponsored by the Global Private Litigation Committee and presented with the State Enforcement Committee In the midst of rapid changes in the digital economy, today's insights from leading experts are more crucial than ever. Thrilled to be part of this live exchange of ideas and solutions. The journey is ongoing, and so must our conversations be! #DigitalEconomy #Antitrust #PanelDiscussion #GlobalPrivateLitigation #CurrentTrends #LivePanel #ATSpring

🌍 The Global Private Litigation Committee is Proud to Announce 🌍 We are thrilled to sponsor and co-sponsor an array of insightful panels at the upcoming 2024 Spring Meeting! 🌸 🔹 Why Attend? This is your golden opportunity to delve into the latest trends, strategies, and discussions in the realm of private litigation. Engage with thought leaders, expand your network, and gain invaluable insights that could redefine your approach to antitrust law. 🔹 Don't miss out on the chance to be part of these fantastic programs. We look forward to connecting, learning, and growing together. Hope to see you there! #AntitrustLaw #SpringMeeting #LegalInnovation #ProfessionalGrowth #NetworkingOpportunity

📢 Relevant developments in Korean private cartel damage claims! 🌐 Cecil Chung, Co-Chair of our Committee, and coauthors have provided a timely update on a recent court decision in the TFT-LCD collusion damages case. In their article, the authors summarize a decision by the Seoul Central District Court from November 23, 2023, which ordered two Taiwan-based TFT-LCD suppliers to pay KRW 32.9 billion (approx. USD 25.5 million) in damages to LG Electronics and its six affiliates based outside Korea. The Korean civil private damages case revolved around four key issues: 🔹 Jurisdiction 🔹 Governing law 🔹 Plaintiffs’ own participation in the cartel 🔹 Damages calculation This recent court decision is noteworthy because Korean cartel enforcement has mostly been public (i.e., KFTC enforcement actions) rather than private in nature. Read this insightful article for more details on the case and the decision and to learn why a surge in cartel damages actions may be expected in Korea. 🚀 #Antitrust #Korea #LegalInsights #GlobalLitigation #Competition #Damages