On January 27, 2019, the U.S. Department of Treasury, Office of Foreign Assets Control (OFAC) removed UC Rusal plc (Rusal), En+ Group plc (En+), and JSC EuroSibEnergo (ESE) from the Specially Designated Nationals (SDN) List, reducing the number of Russian
Latest from Global Regulatory Enforcement Law Blog - Page 7
Prescription drug purchasing initiative in California raises legal questions
Last week, California Governor Gavin Newsom signed an Executive Order creating a program to lower prescription drug costs throughout the state. This initiative could significantly impact pharmaceutical manufacturers, managed care companies, pharmacies and other industry participants, as well as prescription drug
FCA fines household appliance manufacturers €189 million for cartel activities
On December 5, 2018, the French Competition Authority (FCA) fined six large household appliance manufacturers a total of €189 million for agreeing on price increases charged to end-consumers and commercial terms applicable to their kitchen installers. This is the tenth
FTC hearings address AI regulatory challenges
On November 13–14, the Federal Trade Commission (FTC) held hearings on “Competition and Consumer Protection in the 21st Century.” The panelists, an assembly of industry leaders, academics and enforcers, discussed consumer protection and antitrust issues that arise from harvesting data
FTC eyes contact lens trademark settlement agreements
Over a spirited dissent, and in a 3–1 decision issued on November 14, the Federal Trade Commission (FTC) Commissioners held that 1-800 Contacts violated Section 5 of the FTC Action by entering into settlement agreements with competitors that (1) harmed
Recent SEC report on cybersecurity preparedness and response serves as warning of future enforcement
The U.S. Securities and Exchange Commission (“SEC”) recently provided issuers with a reminder of the potential for enforcement for insufficient cybersecurity. The SEC continues to emphasize the importance of measures such as up-to-date compliance and incident response programs in order
United States fully reimposes secondary sanctions on Iran
On November 5, the United States reimposed the final tranche of sanctions on Iran, which had been lifted pursuant to the Joint Comprehensive Plan of Action (“JCPOA”) in 2016. The vast majority of these sanctions are “secondary sanctions,” being those
Legal Fees Spent Successfully Defending Qui Tam Whistleblower Claims May Be Recoverable Even Under Fixed-Price Contracts
As a lawyer who regularly defends qui tam suits brought against government contractors under the False Claims Act (FCA), a recent decision from the U.S. Court of Federal Claims in The Tolliver Grp. Inc. v. United States, Fed. Cl., No.
Iran Sanctions: new developments and how to handle them
On 8 May 2018, President Trump announced that the United States would withdraw from the Joint Comprehensive Plan of Action (JCPOA). In conjunction with that announcement, the President issued a National Security Presidential Memorandum (NSPM) directing the re-imposition of certain
“Not So Fast!” District Court orders divestiture of assets in private Clayton Act case six years after DOJ clears deal
Increasingly, the antitrust agencies have been challenging unreported transactions post-closing under the Clayton Act, seeking an unwinding of the transactions or at least divestitures of some of the assets purchased. Until recently, however, the threat that a private plaintiff would