antitrust – Fordham Now https://now.fordham.edu The official news site for Fordham University. Mon, 21 Sep 2015 15:51:57 +0000 en-US hourly 1 https://now.fordham.edu/wp-content/uploads/2015/01/favicon.png antitrust – Fordham Now https://now.fordham.edu 32 32 232360065 New Director Brings Deep Experience to Fordham Competition Law Institute https://now.fordham.edu/law/new-director-brings-deep-experience-to-fordham-competition-law-institute/ Mon, 21 Sep 2015 15:51:57 +0000 http://news.fordham.sitecare.pro/?p=28462 Keyte
James Keyte

In the field of law, there’s virtually no end to the direction that antitrust law can take you. Entities as diverse as  cable companies, sport’s leagues and concrete manufacturers have at one time or another been accused of  anticompetitive behavior in a variety of jurisdictions across the globe.

On Oct. 1, the Fordham Competition Law Institute will highlight many of the noteworthy aspects of the antitrust field at the 42nd Annual Conference on International Antitrust Law and Policy.

And the institute will be doing so under the leadership of antitrust attorney James Keyte, a partner at Skadden, Arps, Slate, Meagher & Flom LLP. Keyte, who has been teaching as an adjunct professor at Fordham Law for five years, took over this year after longtime director (and former Skadden partner) Barry Hawk stepped down. Hawk, who now serves as senior counsel at Labruna Mazziotti Segni, will be honored at the conference and will still be involved in an advisory capacity.

The transition has been a natural one. The two have been Skadden colleagues since 1989. Five years ago, Hawk invited Keyte to co-teach a course on comparative antitrust law at Fordham Law. Keyte taught the course solo a year later, and in 2013 and 2014, he moderated panels at the school’s antitrust law and policy conferences.

Having written over 30 scholarly articles in the subject area, Keyte said he felt ready to accept Hawk’s position.

One of the events Keyte said he’s excited about is an upcoming “Antitrust Economics for Young (and Old) Lawyers” Workshop, scheduled for Sept. 30. New this year, the workshop is meant to augment the Conference with the kind of economic analysis  that is integral to antitrust work today.  Charles River Associates will run the morning session, and Cornerstone Research will run the afternoon session.

“Whether it’s in merger work, private litigation, monopolization or conspiracies, the lawyers, courts, and enforcement officials work hand-in-hand with economists all the time.  In such an environment, it is very useful to have a workshop that covers basic and advanced economic tools, especially for young lawyers,” he said.

The second and third days of the conference will feature a series of panels − “Women in Antitrust” and “Media Mergers” being two of them. Another panel, “Antitrust in a Mobile World” will cover a range of antitrust topics related to today’s mobile environment, including some of the ongoing multi-jurisdictional debates surrounding Google.

In fact, Keyte noted that many antitrust disputes revolved around fundamentally different philosophies in the United States and Europe. For example, he said there’s a doctrine called the essential facilities doctrine, which is essentially dead in the U.S., but very much alive in much of the EU.

Keyte said he’s excited to dive further into the “geeky” academic aspects of antitrust law, especially as this has been inherent to his nearly 30 years of practice. It’s particularly gratifying, he said, to work with people that in some other setting may be an adversary.

“Sometimes you’re litigating against colleagues in the Department of Justice or the Federal Trade Commission,, and now you get to pick up the phone and talk to them in a different capacity,” he said.

And, of course, he said “it is wonderful to meet new people – other enforcers, practitioners and academics – from around the world that share your passion for antitrust.”

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Antitrust Crack Down On Cartels https://now.fordham.edu/business-and-economics/antitrust-crack-down-on-cartels/ Thu, 09 Dec 1999 19:49:18 +0000 http://news.fordham.sitecare.pro/?p=39927 NEW YORK – Lawyers from around the world came to Fordham Law School to learn about the United State’s government’s crack down on international trade cartels, which have flourished in the rapidly changing world economic system. “These cartels are the equivalent of theft by well-dressed thieves, and they deserve unequivocal condemnation,– said Joel I. Klein, assistant attorney general for the Justice Department’s antitrust division, who addressed the 26th annual Conference on International Antitrust Law & Policy, sponsored by the Fordham Corporate Law Institute. About 300 attorneys from around the world attended the event. International trade cartels increasingly have made headlines as U.S. officials have lifted national trade barriers. This year alone, the U.S. Justice Department fined corporations more than $1.1 billion and sent several executives, including some from other countries, to prison for fixing prices around the world. Earlier this year, the department levied the largest antitrust fine ever – $500 million – against Hoffman-LaRoche for allegedly fixing prices on vitamins around the world. The Fordham conference also focused on antitrust issues that have arisen in the European Community, as European nations strive to build a common economic system. One seminar examined the competitive marketplace for professional sports in Europe and the United States, while another dealt with regulatory issues surrounding mergers between companies from different countries. In addition to Klein, speakers at the conference included Karel van Miert, commissioner of the European Commission in Brussels, Belgium, and Robert Pitofsky, chairman of the U.S. Federal Trade Commission. Klein said federal investigators have found widespread price-fixing around the globe, with American firms typically consorting with three or four competitors that are market leaders in Europe, Asia and throughout the world. They agree on dividing up a territory to reduce competition, then allegedly raise prices there to boost profits. Such corporate actions require an international response by antitrust prosecutors, many conference participants said. “This is a situation where we’re all getting hurt, so we must work together,– Klein told the attorneys. “In other words, the conspirators are working globally, so antitrust enforcers must do so as well.” 11/99

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