Mayer, Brown, Rowe & Maw Ranked #1 in Antitrust Defense Cases by Competition Law 360
26 February 2007
Mayer, Brown, Rowe & Maw LLP
February 26, 2007 - Competition Law 360 has named Mayer, Brown, Rowe & Maw LLP first in a survey of the 300 largest U.S. law firms for antitrust cases retained in 2006.The firm took on 54 new antitrust defense cases in 2006; over 10 cases more than its closest competitor. Mayer, Brown, Rowe & Maw topped the list in what Competition Law 360 described as a landslide victory, noting that the firm ".frequently represents defendants in multi-district class action lawsuits," adding that it "has stayed ahead of current litigation trends, particularly in the airline industry."
Competition Law 360 cites multiple reasons for the recent upswing in antitrust litigation; among them are the class actions that came in the wake of government investigations into alleged price-fixing in the aviation and the memory chip industries.The article praises Mayer, Brown for ideally positioning itself to handle cases of this nature.United Airlines has retained the firm in two nationwide class action suits, and already Mayer, Brown attorneys have secured preliminary settlement with the majority of plaintiffs, including lead counsel, that requires no cash payment. (The deal is pending court approval.)
In the tradition of the firm's top-notch appellate work, the antitrust group was retained by, and successfully represented, Weyerhaeuser Co. in Weyerhaeuser Co. v. Ross-Simmons Hardwood Lumber Co. In this case the question before the U.S. Supreme Court was how aggressively a business may compete before crossing a line that violates antitrust law. The case revolved around whether the same standard that the Court articulated for predatory-pricing cases applies in cases alleging predatory buying. On February 20, 2007, the Court ruled unanimously in favor of Weyerhaeuser.In addition, Credit Suisse First Boston Ltd. has retained Mayer, Brown in a case where the Supreme Court will decide whether the SEC's regulation of securities markets preempts private antitrust claims arising from investment banks' underwriting of initial public offerings.
Mayer, Brown provides antitrust and competition law counsel in both the U.S. and Europe. With experienced resources on both continents, the antitrust and competition law practice offers clients the advantages of a 'one-stop-shop' for U.S./E.U. advice.Many attorneys in the group have governmental agency and regulatory authority experience, or have held leading industry and in-house counsel positions. The practice also draws upon the insight of Mayer, Brown lawyers with experience in areas complementary to antitrust and competition law, such as intellectual property, trade access, information technology, health care regulation, franchising, employee rights, mergers & acquisitions, and insurance coverage.
Mayer, Brown, Rowe & Maw LLP is among the largest law firms in the world with more than 1,500 lawyers practicing in seven U.S. cities (Chicago, Charlotte, Houston, Los Angeles, New York, Palo Alto, and Washington), six European cities (Berlin, Brussels, Cologne, Frankfurt, London, and Paris), and Hong Kong.