Tag Archives: Chris Wilson

Directors Resign After Department of Justice Raises Antitrust Concerns

by Elizabeth Ising, Stephen Weissman, Cassandra Tillinghast and Chris Wilson

On June 21, 2021, the U.S. Department of Justice’s Antitrust Division (“DOJ”) announced that two officers of Endeavor Group Holdings Inc. have resigned their positions on the board of directors of Live Nation Entertainment Inc. in the wake of concerns expressed by DOJ that the two companies formed an illegal interlocking directorate under the antitrust laws.  The announcement is a reminder that companies must continue to be mindful of potential antitrust concerns when their current or prospective directors or officers serve in similar roles at other entities. Continue reading →

U.S. Congress Passes the Criminal Antitrust Anti-Retaliation Act of 2019

by Daniel Swanson, Rachel Brass, Scott Hammond, Jeremy Robison, Chris Wilson, and Anna Aguillard

On December 8, 2020, the U.S. House of Representatives passed the Criminal Antitrust Anti-Retaliation Act of 2019.[1] Sponsored by Republican Senator Chuck Grassley and co-sponsored by Democratic Senator Patrick Leahy, the bill prohibits employers from retaliating against certain employees who report criminal antitrust violations internally or to the federal government. Similar legislation has previously been passed unanimously by the Senate in 2013, 2015, and 2017; each time, the legislation stalled in the House.[2] This time, however, the legislation has been adopted with overwhelming support in the Senate and the House.[3] The bipartisan bill now awaits the President’s signature. Continue reading →