Justices narrow boycott definition in Hartford ruling
Article Abstract:
The US Supreme Court remanded for trial the consolidated cases of Hartford Fire Insurance Co v. California and Merrett Underwriting Agency Management Ltd v. California. The issue is whether 32 insurance industry defendants engaged in a boycott when they tried to force changes in standard liability insurance contracts, thus placing them outside the antitrust immunity granted that industry under the McCarran-Ferguson Act. Justice Scalia's definition of boycott was narrow enough so that the insurance industry felt heartened by the remand.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Antitrust lawyers anxiously eyeing High Court term
Article Abstract:
Antitrust attorneys are paying close attention to certain of the cases being considered by the US Supreme Court during the 1993 term. Brooke Group v Brown & Williamson Tobacco Corp is a predatory pricing case against a competitor with only a small portion of the market share. Hartford Fire Insurance Co v California and Merrett Underwriting Agency Management Ltd v California could end an insurance industry practice not attaching antitrust liability to spreading coverage risks to foreign reinsurers.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Antitrust ruling does not let Microsoft off hook; consent decree decision by D.C. Circuit isn't as bad for U.S. as depicted
Article Abstract:
The June 23, 1998, consent decree decision in the Microsoft case allowing the company to bundle its Internet browser with Windows 95, but the main monopolization complaint against the company also contains many allegations of illegal restrictive contracts, and the allegation that Microsoft tried to divide up the Internet browser market with the Netscape Corp would have been a criminal allegation had Netscape agreed.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Owning assets in trust results in tax and nontax benefits. How to draft invasion clauses for marital and credit shelter trusts
- Abstracts: New view at Interior; planting seeds of consensus, Bruce Babbitt is still a fighter. A lame duck EPA issues compromise rules, proposals
- Abstracts: Deemed dividends in cross-border Section 304 transactions. IRS clarifies reporting requirements and failure-to-file penalties for transfers to foreign entities
- Abstracts: ERISA preempts Arkansas Patient Protection Act of 1995. ERISA preempts D.C. law requiring health insurance for injured employees eligible for workers' compensation
- Abstracts: Revolt to sentencing is gaining momentum. Sentencing overload hits the circuits; appellate judges stagger under guidelines-generated appeals