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Litigation News
FTC Announces Workshops on Merger Investigation
Joseph J. Simons, Director of the Federal Trade Commission's Bureau of Competition, today announced a schedule and agenda for public workshops on merger investigation best practices. The schedule includes specialized workshops on electronic records and on accounting and financial data, and several general sessions covering the full range of merger investigation practices. The Commission's March 15 press release - FTC Initiates Best Practices Analysis for Merger Review Process - contains more detailed information on the subject matter at issue. Separate meetings on remedy best practices are being scheduled.
These workshops are designed so that the public can identify ways in which the Commission can improve its merger investigation practices. Interested groups or individuals are encouraged to present any recommendations, criticisms, or ideas for improvements. The meetings will be transcribed stenographically to assist the Commission in identifying best practices. Any one wishing to submit written comments in advance may do so at bestpractices@ftc.gov. Read more at ftc.gov
Product liability litigation can arise when a consumer is injured or killed by a defective product.
Under the Trade Practices Act, applicable after July 9 1992, the product liability provisions grant to take legal actions to those who suffer loss or injury due to a defective product or service and give grounds to take legal action against the manufacturer and/or supplier of that particular product.
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Definition:
Common law is the type of legal system the United States is based on. Common law originated in England and is based on judicial decisions rather than legislative action.
Exhibit
Definition:
Any document of object serving as evidence in court is called an exhibit.
Writ of certiorari
Definition:
An order issued by the Supreme Court directing the lower court to transmit records for a case for which it will hear on appeal.
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