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Antitrust and Competition

Overview

Creative strategies for transformative times

Today, antitrust and competition laws are undergoing a sea change. Around the world, regulators and governments are focusing on the market impact of consolidation, technology and changing business models. As aggressive enforcement becomes a priority, industry leaders rely on Crowell for strategies that let them innovate and compete.

Our clients know that our deep bench and worldwide footprint allow us to fully serve the needs of a global enterprise. Just as importantly, they recognize our extraordinary experience and value, repeatedly trusting us with their most critical transactional, litigation and counseling challenges.

Comprehensive, integrated services

A destination practice with over 80 dedicated antitrust practitioners, we have the skill and scale to handle matters of any size, anywhere. We assist clients with the full complement of antitrust and competition issues a business can face, including:

  • Mergers, acquisitions and joint ventures
  • Civil litigation and government investigations
  • Criminal grand jury investigations and trials
  • Pursuit of damages in recovery actions
  • Counseling, audits and compliance training

Impossible deals, demanding cases, high-stakes investigations

The biggest names in global business choose our antitrust and competition practice for difficult, high-risk disputes, transactions, and investigations. Our deep bench of trial lawyers can try cases to verdict or arbitrate throughout the world, our transactional team has handled some of the largest and most complex mergers and acquisitions in recent history, and our global team of antitrust practitioners are trusted partners when businesses are the target of government investigations. Recent matters include:

  • Won global, multijurisdictional clearance for United Technologies Corporation’s $135 billion merger with The Raytheon Company, the largest aerospace transaction in history and The Deal’s 2020 “Deal of the Year”
  • Successfully represented AT&T in its landmark $85 billion acquisition of Time Warner, at the time the largest telecommunications transaction in history, serving as antitrust counsel throughout the merger investigation and as key members of the trial team, which represented the first litigated challenge to a vertical merger in the U.S. in over 40 years
  • Defended Marriott International Inc. at trial in an antitrust lawsuit against Marriott and other major hotel companies alleging the companies entered into an agreement not to bid on each other’s branded keywords in paid search advertising
  • Persuaded the DOJ to close its investigation into whether our clients conspired with their competitors to fix prices without bringing any criminal charges against them and represented both companies in private class actions filed by direct and indirect purchasers
  • Successfully represented 45 of the largest merchants in the nation in opt-out antitrust litigation against Visa and Mastercard, settling the matter on favorable terms for our clients

Global reach

Our clients’ global business interests frequently demand multi-jurisdictional antitrust and competition strategies, and we regularly assist them on six continents. By maintaining close relationships with the top antitrust firms and practitioners around the world, we can select and coordinate the best possible counsel to help solve clients’ unique cross-jurisdictional problems as they arise. In recent years we’ve assisted clients in mergers, acquisitions, investigations, litigation and arbitration in over 80 jurisdictions.

Government insight

When you need to know which way the regulatory winds are blowing, or get someone on the phone about a case or deal, there is no substitute for inside experience and relationships. Our team members have held key positions at the Department of Justice and the Federal Trade Commission and bring up-to-the minute knowledge of regulatory approaches and priorities.

Client partnerships

We regularly counsel high-profile clients on the full complement of antitrust issues, serving as a trusted adviser with a deep understanding of their business drivers and the industries in which they compete. Many of our relationships have lasted for decades, solving new problems as business models and markets evolve and grow. Our clients include Fortune 500 companies, as well as industry disrupters in a wide range of industries from food to technology.

We promise top value to our clients, and we deliver — through secondments, pricing and payment options, staffing efficiencies, project management and other creative means, and through just, plain winning. If clients are facing financial headwinds, they know we will work with them — because to us, long-term relationships are more important than short-term gains.

Collaborative across the board

Our team earns high marks for working in close partnership with clients, with colleagues across the firm’s practice areas, and with co-counsel on deals and disputes. Our collaborative approach ensures that all parties perform efficiently, smoothly and in the client’s best interest.

Insights

Webinar | 12.13.24

President-Elect Trump’s Impact On the Transportation Industry: A Lightning Round Discussion

This Transportation industry-focused discussion will help you identify, understand, and prepare for the impact of the new administration on your business.

Representative Matters

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Mergers and Acquisitions

  • Represented AT&T in its $48 billion acquisition of DIRECTV.
  • Represented United Technologies in its $18.4 billion acquisition of Goodrich.
  • Represented Coventry Health in its $5.7 billion sale to Aetna.
  • Represented DuPont in its $4.9 billion sale of its coatings business.
  • Represented AT&T in its proposed $39 billion acquisition of T-Mobile.

Civil Antitrust Litigation

  • Obtained summary judgment for DuPont on antitrust counterclaims filed by Kolon, a leading Korean manufacturer, pertaining to alleged monopolization of para-aramid fiber (marketed by DuPont under the Kevlar® brand), and subsequently obtained $275 million in restitution and damages for DuPont in the related trade secrets matter.
  • Obtained a dismissal of all claims for our client, Motorola, in a significant lawsuit alleging multiple antitrust violations. The plaintiffs sought an injunction to stop defendants from selling their 4G-LTE chips, mobile devices and wireless services, along with treble damages and attorneys’ fees. Corr Wireless Communications, L.L.C., et al. v. AT&T Inc., et al.
  • Represent AT&T, Motorola, Target, Sears, Kmart, RadioShack, Newegg, JACO, Viewsonic, Rockwell, and CompUSA in lawsuits alleging that LCD manufacturers participated in an international price-fixing conspiracy that resulted in damages in the billions of dollars.

Antitrust Recovery

  • Recovered hundreds of millions for clients in litigation claiming price-fixing and cartel activity in the DRAM industry.
  • Recovered $90 million for clients from attempts to monopolize the copper market.
  • Recovered more than $60 million for clients in litigation claiming price-fixing and cartel activity in the rubber chemicals industry.

Antitrust Counseling

  • Represented a major manufacturer of electronics and musical instruments, advising on its management of multiple dealer and distributor networks, including pricing, e-commerce and gray market issues.
  • Represented a major chemical manufacturer regarding multiple distribution networks, pricing, and production joint ventures.
  • Represented a major rail and shipping company in compliance reviews and training.

Health Care Antitrust

  • Represented Coventry Health Corporation in its $5.7 billion sale to Aetna.
  • Represented Humana, Inc. in its acquisition of Arcadian Management Services.
  • Represented Siemens Healthcare in its global collaboration with Varian Medical Systems.

European Competition Law

  • Represented clients in second stage proceedings and participating in some of the most significant transactions reviewed under the European Union (EU) Merger Regulation, both representing merging companies and third-party interveners.
  • Managed the challenges that arise in simultaneous clearance procedure before the European Commission and the DOJ/FTC as well as most other merger control authorities across the globe.
  • At the EU level, we have obtained clearances for transactions in industries including telecommunications, pharmaceuticals, crop protection, the automobile industry, industrial components and the Internet.

Insights

Webinar | 12.13.24

President-Elect Trump’s Impact On the Transportation Industry: A Lightning Round Discussion

This Transportation industry-focused discussion will help you identify, understand, and prepare for the impact of the new administration on your business.

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Professionals

Insights

Webinar | 12.13.24

President-Elect Trump’s Impact On the Transportation Industry: A Lightning Round Discussion

This Transportation industry-focused discussion will help you identify, understand, and prepare for the impact of the new administration on your business.