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Amphastar Pharmaceuticals, Inc., et al. v. Momenta Pharmaceuticals, Inc., et al.

Date
Citation Number
16-2113
Federal Court
U.S. Circuit Court of Appeals for the First Circuit
Brief of the Federal Trade Commission as amicus curiae , taking no position on the merits of the case, but explaining that the district court erroneously dismissed the complaint on Noerr-Pennington...

In the Supreme Court of the United States: Visa Inc., et al., Petitioners v. Sam Osborn, et al., and Visa Inc., et al., Petitioners v. Mary Stoumbos, et al., On Writ of Certiorari To the United States Court of Appeals For the District of Columbia Circuit

Date
Citation Number
15-961 and 15-962
Federal Court
Supreme Court of the United States
Brief For the United States (Department of Justice and Federal Trade Commission) As Amicus Curiae Supporting Respondents, Arguing That Respondents' United States District Court Complaints Adequately...

Caledonia Investments plc

Investment trust Caledonia Investments plc agreed to pay $480,000 in civil penalties to resolve charges that it violated federal premerger reporting laws by failing to report its purchase in 2014 of voting shares in the helicopter services company Bristow Group, Inc. According to the complaint, in June 2008, Caledonia first acquired voting shares in Bristow and reported its purchase to U.S. antitrust authorities, as required under the Hart-Scott-Rodino Act. Subsequently, Caledonia made additional purchases that were exempt from reporting under HSR rules. During that same timeframe, however, two Caledonia employees were designated to serve on Bristow’s board. Bristow awards restricted-stock voting securities to its board members, and by agreement, it set aside the securities for the two Caledonia board members for purchase by Caledonia. In February 2014, these voting shares vested, and Caledonia acquired them, according to the complaint. The Commission charged that Caledonia was required under the HSR Act to report this purchase but failed to do so. The HSR Act allows a company that has reported an initial purchase of voting shares to purchase additional voting shares from the same issuer – as long as those purchases do not cause the company’s total holdings to cross a higher reporting threshold over a five-year period following the initial purchase. The complaint charges that Caledonia’s 2014 purchase of voting shares in Bristow fell outside the five-year period following its initial purchase.

Type of Action
Federal
Last Updated
FTC Matter/File Number
151 0123

The Penn State Hershey Medical Center/PinnacleHealth System, In the Matter of

The Commission issued an administrative complaint alleging that the combination of Penn State Hershey Medical Center and PinnacleHealth System would substantially reduce competition for general acute care inpatient hospital services in the area surrounding Harrisburg, Pennsylvania, and lead to reduced quality and higher health care costs for the area’s employers and residents.  The Commission also authorized staff to file a preliminary injunction to maintain the status quo pending the outcome of its administrative proceeding.

Type of Action
Administrative
Last Updated
FTC Matter/File Number
141 0191
Docket Number
9368