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Many of the Biden Administration’s antitrust enforcement actions have involved attempts to regulate anticompetitive conduct in labor markets by means of the antitrust laws. Recently, for example, DOJ has criminally prosecuted defendants for allegedly engaging in wage-fixing and using “no-poach” agreements to restrict competition. And it has successfully blocked a proposed merger using a novel, labor-centric theory. See, “Judge Blocks a Merger of Penguin Random House and Simon & Shuster,” Biden’s FTC, meanwhile, has proposed a rule restricting the use of noncompete agreements.
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By Harry Sandick and Sarah Hardtke
The guidance mirrors the recent, broader impulse among U.S. prosecutors and regulatory agencies to extend application of U.S. law to foreign persons and entities, even when those persons and entities have only threadbare connections to the U.S.
By Jonathan B. New, Patrick T. Campbell and Rachel H. Ofori
Because PR firms may be considered third parties for privilege purposes, it is crucial that communications between a company’s counsel and its PR firm are handled with care to avoid waiving the attorney-client privilege.
Navigating the SEC’s New Cybersecurity Disclosure Rules
By Olivia J. Greer, Catherine Kim and Jeeyoon Chung
With the first cybersecurity rule for public companies, and the landscape of ongoing scrutiny and enforcement, SEC registrants should not lose time in reviewing their cybersecurity postures and policies to ensure compliance and, even ahead of formal adoption of certain still-pending rules, align with best practices.
Understanding the Difference Between Advocacy and Obstruction When Facing Government Investigations
By Christopher D. Carusone
Corporate counsel must understand the difference between advocacy and obstruction when facing government investigations.