Above The Law

MARCH 3, 2024

Blockbuster AstraZeneca drug Farxiga is one of 10 medications selected for the Medicare drug price negotiation program created by the law. A federal judge disagreed with AstraZeneca’s claims that the Inflation Reduction Act causes harm by disincentivizing innovation and violates its constitutional rights to due process.

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Law 360

APRIL 12, 2024

Supreme Court to clarify disqualification protocol for judges overseeing a case related to their prior work as a government attorney, and energy drink manufacturers want the court to develop a modern-day test to determine if companies qualify as price-discrimination competitors.

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Above The Law

FEBRUARY 29, 2024

The post The Price Is Not Right appeared first on Above the Law. Regrettably, coming on down is the last thing on the California State Bar's mind.

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JURIST

JANUARY 28, 2022

million to his office and shut down its “Sold by Amazon” third-party seller program after a lengthy price-fixing investigation by his office’s Antitrust Division. However, Amazon’s algorithm automatically matched low prices from other retailers.

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Law 360

MARCH 21, 2024

An Illinois federal judge on Thursday agreed to allow an affiliate of legal investment firm Burford Capital to substitute for food giant Sysco in price-fixing litigation against broiler chicken producers, a ruling that comes a month after a Minnesota federal judge refused to allow the same Burford unit to substitute for Sysco in similar pork and beef (..)

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Above The Law

MARCH 6, 2024

Implementing value-based pricing requires a fundamental cultural shift within legal departments. The post A Blueprint For Collaboration And Efficiency Through Value-Based Pricing appeared first on Above the Law.

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NCBA Law Practice Management Blog

APRIL 3, 2023

That strategy, however, can become problematic, especially if your cases tend to linger on, and aren’t highly transactional – because that means that you’ll be managing several different pricing tiers within your law firm. In fact, if you revise your prices upward each year, you’re adding a new pricing tier every year.

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Law 360

MARCH 15, 2024

A class action filed in New York federal court Thursday alleges that the biggest players in the domestic sugar industry have been engaged in a price-fixing scheme for years.

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Law 360

APRIL 26, 2024

The Second Circuit has breathed new life into a New York state law that requires internet service providers to offer reduced-price broadband plans, ruling Friday that a lower court was wrong to block the law nearly three years ago.

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NCBA Law Practice Management Blog

AUGUST 18, 2022

Law firms don’t do price rises nearly enough. Law firm pricing barely keep up with inflation, as it is. And, with the current rate of inflation, law firm pricing is likely being lapped. And, let’s be clear: the goal is not to make up for lost time, but just to execute a successful price rise, for perhaps the first time ever.

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Law 360

APRIL 15, 2024

Taro Pharmaceutical Industries shareholders asked a New York federal judge Monday to greenlight a $36 million settlement resolving proposed class claims that the company misled investors about alleged generic drug price-fixing that led to a drop in stock price upon news of a U.S. Department of Justice antitrust investigation.

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HowAppealing

DECEMBER 21, 2023

“Texas Becomes an Abortion Dystopia; The conservative movement will pay any price to extend restrictions”: Adam Serwer has this essay online at The Atlantic. The post “Texas Becomes an Abortion Dystopia; The conservative movement will pay any price to extend restrictions” appeared first on How Appealing.

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Above The Law

APRIL 14, 2023

One of the easiest ways to increase the likelihood of snagging additional client work is to lower prices. The post Some Lawyers Have Surge Pricing appeared first on Above the Law.

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JURIST

APRIL 30, 2021

The US Court of Appeals for the Sixth Circuit concluded Thursday that Kentucky may enforce price gouging laws against sellers on Amazon, overturning a district court preliminary injunction. Price gouging is the practice of unfairly and dramatically increasing the price of a commodity during spikes in demand.

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Above The Law

FEBRUARY 14, 2024

Most hospitals and payers have publicly posted their pricing information, but experts think that data will remain mostly useless for consumers for at least another five years. That way, consumers can eventually use price transparency data to shop for care.

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Above The Law

SEPTEMBER 17, 2023

CMS has fined two hospitals in September for alleged violations of its price transparency rule. This marks the third month in a row that the agency has issued fines against hospitals for price transparency noncompliance, following a yearslong period of light enforcement.

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Above The Law

MARCH 28, 2024

The post Biglaw Firm Still Paying The Price For Former Partner’s Romantic Scandal appeared first on Above the Law. Romance isn't dead, but it could cost your Biglaw firm $13 million.

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Law 360

APRIL 18, 2024

He was one of the world's top experts in an area of international tax known as transfer pricing, where he became the global leader of KPMG's practice. Sean Foley, who died suddenly in September, was a devoted husband, father, brother and friend and a brilliant colleague.

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Above The Law

NOVEMBER 29, 2023

The post There Really Was A Corporate Conspiracy To Inflate Egg Prices, And It’s Been Proven In Federal Court appeared first on Above the Law. Illinois indicates that the Machiavellian machinations of corporate colluders over œufs were the culinary culprit in this sense-scrambling story.

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JURIST

MARCH 14, 2021

The Senate unanimously passed Thursday the Ensuring Innovation Act and the Advancing Education on Biosimilars Act , two pieces of bipartisan legislation aiming to lower prescription drug prices by increasing competition. The Ensuring Innovation Act addresses loopholes used by companies to maintain the exclusive right to sell a drug.

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Law 360

APRIL 5, 2024

are among major employers that lodged new price-fixing claims in Pennsylvania federal court against dozens of pharmaceutical companies, accusing them of orchestrating illegal agreements to allocate customers and markets and fix the prices of hundreds of generic drugs for more than a decade. Target Corp., Lowe's Cos.

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Above The Law

MARCH 25, 2024

The post Price To Practice In California Won’t Be As Steep As You Thought appeared first on Above the Law. Who doesn't love a discount?!

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Law 360

MARCH 28, 2024

Department of Justice and the Federal Trade Commission intervened in another alleged algorithmic collusion case Thursday with a statement of interest arguing that Atlantic City casino-hotels can't duck room rate price-fixing allegations simply by arguing there's no evidence they communicated directly or that pricing recommendations were binding.

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LegalReader

FEBRUARY 13, 2023

The price of eggs may be too darn high, but there are actions we can take to build the resilience of our food supply – and some things that won't work at all.

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Law 360

APRIL 16, 2024

and insulin buyers have called off a proposed nationwide settlement that would've capped insulin prices and been worth up to $500 million over several years, a decision that was made after the buyers lost a class certification bid early this year, according to the buyers' counsel. Eli Lilly & Co.

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Above The Law

MARCH 12, 2024

The post While Bitcoin Keeps Hitting New Record Highs, Its Price Volatility Should Worry Long-Term Investors appeared first on Above the Law. No one has been able to satisfyingly articulate why demand for bitcoin will or should perpetually rise.

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Law 360

SEPTEMBER 18, 2023

Sanderson Farms was one of three masterminds behind a scheme that brought 14 broiler chicken producers together in a conspiracy to raise prices by limiting their supply, causing more than $2 billion in overcharges, an Illinois federal jury heard Monday.

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Law 360

FEBRUARY 2, 2024

The Justice Department's investigation into software company RealPage follows a host of federal antitrust cases alleging that property owners and casino hotel operators use the same proprietary software programs to fix and maintain pricing, which means algorithmic pricing programs are considered a key price-fixing tool in the digital age, say attorneys (..)

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The Fashion Law

JULY 1, 2021

Chanel hiked up its prices twice during the pandemic. The famed fashion brand followed this up with another 5 percent rise in October 2020 in line with a larger trend that has also seen some of its rivals, including Louis Vuitton, Dior, and Gucci, boosting price tags (and protecting margins) in the midst of the COVID-19 pandemic.

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The Fashion Law

FEBRUARY 15, 2022

Louis Vuitton will introduce price increases this week, the French luxury goods brand announced on the heels of recent confirmation from LVMH’s chairman that broad price tag hikes were in the works. In addition to Louis Vuitton, LVMH-owned watch brand Tag Heuer confirmed that it has price increases in the works.

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Law 360

APRIL 11, 2024

and European antitrust enforcers touted a turnaround Thursday in the number of companies self-reporting price-fixing, bid-rigging and market allocation schemes in the search for "leniency" from financial and criminal penalties over the last three years.

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Above The Law

OCTOBER 18, 2023

Let’s look at what transfer pricing is, how it can be used for tax avoidance, and what problems this presents. For Using Transfer Pricing To Avoid Taxes appeared first on Above the Law. The post IRS Wants Microsoft To Pay $28.9B

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Law 360

APRIL 5, 2024

The 15% global minimum tax will worsen the problems that monopolistic companies impose on economies because raising taxes on a company that lacks competition will lead it to raise prices, an academic expert on tax havens said Friday during a conference.

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Law 360

FEBRUARY 21, 2024

to fix prices in luxury hotel markets in Seattle and other major U.S. Hilton, Hyatt and other big name hotel operators are the target of a proposed class action alleging they colluded with hospitality industry analytics firm CoStar Group Inc. cities, according to a suit filed in Washington federal court.

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Law 360

MARCH 18, 2024

In Maryland, indications of a new focus on resale price maintenance agreements are significant because state prosecution in this area has been rare, particularly outside California, say attorneys at DLA Piper.

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HowAppealing

AUGUST 3, 2022

“The price of victory in Kansas”: Pat Smith has this post at the “Ius & Iustitium” blog.

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