EU Accuses Shipping Companies of Forming Cartel
Client Alert | less than 1 min read | 04.11.07
On Wednesday April 11, 2007, the European Commission took a step forward in its investigation into shipping companies it claims have formed an anti-competitive cartel in the global carrier industry. The Commission sent statements of objections to the companies which accuses them of bid-rigging, price-fixing and exchanging confidential market information regarding the transportation of bulk liquids by sea. The letter also alleged that they colluded to restrict competition in the EU market. The letter follows a number of raids in February 2003. The companies have two months to respond to the E.C.'s letter and request oral hearings.
Insights
Client Alert | 4 min read | 02.20.26
SCOTUS Holds IEEPA Tariffs Unlawful
On February 20, 2026, the Supreme Court issued a pivotal ruling in Trump v. V.O.S. Selections, negating the President’s ability to impose tariffs under IEEPA. The case stemmed from President Trump’s invocation of IEEPA to levy tariffs on imports from Canada, Mexico, China, and other countries, citing national emergencies. Challengers argued—and the Court agreed—that IEEPA does not delegate tariff authority to the President. The power to tariff is vested in Congress by the Constitution and cannot be delegated to the President absent express authority from Congress.
Client Alert | 7 min read | 02.20.26
Section 5949 Proposed Rule Puts the FAR Council's Chips on the Table
Client Alert | 5 min read | 02.20.26
Trump Administration Pursues MFN Pricing for Prescription Drugs
Client Alert | 4 min read | 02.19.26
Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms
