In Comcast Corp. v. Behrend, the United States Supreme Court will decide at least one of two issues regarding class certification: (1) whether plaintiffs seeking to certify a class must provide evidence that is admissible, including only expert evidence that can survive a Daubert challenge; and...

The world's audit industry is concentrated in the hands of four big accounting firms: PricewaterhouseCoopers, KPMG, Ernst & Young, and Deloitte Touche Tohmatsu (the Big 4). These firms are in a strong position in that they audit the financial statements of nearly all the global public companies...

This paper reviews the law that relates to the cy pres doctrine which provides the ability of courts to approve settlements in antitrust class actions, whereby the defendants' funds are distributed to organizations having a nexus to the case, rather than to successful claimants within the class....

This paper is being prepared for a publication in India that will provide comparative information on how various regimes deal with cartels. In the paper we provide background on both civil and criminal investigations of cartels in the U.S., including procedural information and the leniency...

Wal-Mart, the largest of power buyers, represents a paradox. From one perspective it is exactly the type of company we want our economy to produce. On the other hand, from several different perspectives, it represents a danger to be condemned. What can we say about the Wal-Mart phenomenon from...

This paper is written at the half-way point in the three-year life of the Antitrust Modernization Commission. It reviews the legislative background and details the actions (and not taken) taken during the set-up and issue-identification phases. The paper outlines the principal issues that appear...