The DOJ obtained a permanent injunction suspending the proposed acquisition of Simon and Schuster by Penguin Random House.
In the U.S. District Court for the Eastern District of New York, a France-based building materials manufacturer pleaded guilty to one count of conspiring to provide material support and resources to two U.S.-designated foreign terrorist organizations.
A major pharmaceutical company agreed to settle a qui tam action for improperly influencing doctors to prescribe medications that caused the submission of false claims to Medicare and Medicaid.
Deputy Assistant AG of the Antitrust Division Andrew Forman stated that although transaction filings have significantly increased in recent years, the DOJ must remain ready to investigate and potentially litigate all transactions believed to be in violation of federal antitrust laws.
In testimony before the Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights, DOJ Assistant Attorney General Jonathan Kanter and FTC Chair Lina M. Khan described challenges in the current enforcement of federal antitrust laws.