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  • #373 What's Up? Competition Enforcement Updates From Malaysia and Hong Kong
    2026/04/13

    What is happening in competition enforcement in Malaysia and Hong Kong? Iskandar Ismail, Chief Executive Officer of the Malaysia Competition Commission (MYCC), joins Anora Wang to discuss MYCC's actions against bid-rigging, ongoing market reviews of the digital economy, and Malaysia's broader plan to consolidate competition oversight over regulated sectors like energy, with phase one targeted for completion in 2026. Next, Teenie Yu, Of Counsel at the Hong Kong Competition Commission (HKCC), speaks with Anora on the HKCC's landmark case against a bid-rigging syndicate in the building maintenance sector, HKCC's ongoing effort before the Court of Appeal over the applicable standard of proof in competition proceedings, and the agency's creative advocacy campaign regarding information exchange. Listen to this episode to learn about enforcement developments in two of Asia's fastest developing competition jurisdictions and what practitioners should be watching in 2026.

    With special guests:
    Iskandar Ismail, Chief Executive Officer, Malaysia Competition Commission (MYCC) and Teenie Yu, Of Counsel, Hong Kong Competition Commission (HKCC)

    Related Links:

    • Malaysia Competition Commission (MyCC)
    • Hong Kong Competition Commission (HKCC)

    Hosted by:
    Anora Wang, Arnold & Porter

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    32 分
  • #372 Can a Price Be Put on Harm? FTC Monetary Remedies and the Data-Driven Economy
    2026/04/06

    Five years after the Supreme Court's AMG Capital Management decision limited the FTC's ability to seek monetary remedies under Section 13(b) of the Federal Trade Commission Act, the agency continues to look for ways to obtain money in consumer protection and privacy cases through other authorities and theories. At the same time, it is grappling with how to define and measure consumer injuries and benefits in an increasingly data driven economy, including through its February 26 workshop on "Consumer Injuries and Benefits in the Data Driven Economy." Hosts Lexi Michaud and Anora Wang talk with Laura Riposo VanDruff from Kelley Drye and Warren LLP and Mike LeGower from NERA about how the FTC is pursuing monetary relief after AMG, whether and how it might articulate clearer guidance for quantifying harm, and what companies should expect when facing privacy and data investigations by the FTC.

    With special guest:
    Laura Riposo VanDruff, Partner, Kelley Drye and Warren LLP and Mike LeGower, Director, Nera Economic Consulting

    Related Links:
    FTC's ​"Measuring Consumer Injuries and Benefits" Workshop: Key Takeaways by Kelley Drye and Warren LLP

    Hosted by:
    Lexi Michaud, Fried Frank and Anora Wang, Arnold & Porter

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    38 分
  • #371 Who Does Your Doctor Work For? Vertical Integration in the Healthcare Provider Market
    2026/03/30

    Hospitals, as well as insurers, have been increasingly purchasing physicians practices, home health providers, and nursing facilities. But what are the competitive implications of these acquisitions? Dr. Zack Cooper, economist and public health expert at Yale University, joins Derek Jackson and Anora Wang to discuss both the theoretical and empirical competitive harms and benefits to vertical integration in the healthcare provider market. Listen to this episode to learn more about the changing competitive landscape in this large and important sector of the economy.

    With special guest:
    Zack Cooper, Ph.D., Associate Professor of Public Health and Associate Professor of Economics, Yale University

    Related Links:

    • Are Hospital Acquisitions of Physician Practices Anticompetitive? by Cooper et al., July 2025
    • Zack Cooper's Congressional Testimony, Fighting Obamacare Subsidy Fraud: Is the Administrative Procedure Act Working as Intended?, December 10, 2025
    • Zack Cooper's Senate Testimony, Consolidation and Corporate Ownership in Health Care: Trends and Impacts on Access, Quality, and Costs, June 8, 2023

    Hosted by:
    Derek Jackson, Cohen & Gresser and Anora Wang, Arnold & Porter

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    40 分
  • #370 Is Any Deal Safe From Review in the EU? Implications of the "Towercast" Judgment
    2026/03/23

    M&A deals impacting the EU that are not caught by standard merger control thresholds can still be reviewed under general competition law rules. But how does this work? Frédéric Manin, lawyer at Advant Altana in Paris, joins Matthew Hall and James Hunsberger to discuss the implications of the 2023 European Court of Justice judgment in the "Towercast" case. Listen to this episode to learn more about the practical implications of this judgment for lawyers and dealmakers doing M&A that touches the EU.

    With special guest:
    Frédéric Manin, partner, Advant Altana

    Related Links:

    • France Autorité de la concurrence, press release, Doctolib case (6 November 2025)
    • France Autorité de la concurrence, press release, meat-cutting case (15 May 2024)
    • Belgium Autorité belge de la Concurrence, press release, Proximus/EDPnet case (6 November 2023)
    • European Court of Justice, Case C-449/21 "Towercast" (16 March 2023)

    Hosted by:
    Matthew Hall, McGuireWoods and James Hunsberger, Axinn, Veltrop & Harkrider

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    42 分
  • #369 Back To Form or Back to the Drawing Board? How To Navigate the Decision Vacating the New HSR Rules
    2026/03/16

    In February 2025, new rules for the pre-merger notification requirements in the U.S. came into effect. But will a February 2026 court decision undo these changes? Daniel Rosenthal, partner at Kirkland & Ellis, joins Jaclyn Phillips and Lexi Michaud to discuss a decision vacating the new rules, the subsequent appeal, and what might happen next. Listen to this episode to learn more about how to navigate merger filings in an uncertain time.

    With special guest:
    Daniel Rosenthal, Partner, Kirkland & Ellis

    Related Links:
    OCA #297 - HSR You Kidding Me? Unpacking the New Requirements for Merging Parties in the U.S.

    Hosted by:
    Jaclyn Phillips, Proskauer Rose and Lexi Michaud, Fried Frank

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    35 分
  • #368 Mother, May I? The Use of Prior Approval Requirements in Merger Settlements
    2026/03/09

    Over the last few decades, prior approval requirements were considered an extraordinary remedy in merger settlements, yet their use has fluctuated in agency enforcement across recent administrations. Where do the FTC and DOJ stand in their current practice? Bilal Sayyed, a Counsel at the Cadwalader law firm, and antitrust professor and former FTC policy leader, speaks with Anora Wang and Jeny Maier about the role of prior approval provisions in modern merger enforcement and what their recent rise—and retreat—signals about agency policy. Listen to this episode to learn how prior approval differs from traditional HSR review, when agencies have relied on such provisions, and what the evolving approach means for merging parties and future dealmaking.

    With special guest:
    Bilal Sayyed, Counsel, Cadwalader, Wickersham & Taft

    Related Links:
    2021 FTC Statement on Use of Prior Approval Provisions in Merger Orders

    Bilal Sayyed, U.S. Antitrust Agency Merger Roundup & Commentary: FTC Reverses Routine Use of Prior Approval Requirements in Merger Settlements, Trump Antitrust Leadership Continues Departure from Antitrust Merger Policies of Previous Administration (July 15, 2025)

    Hosted by:
    Anora Wang, Arnold & Porter and Jeny Maier, Axinn, Veltrop & Harkrider

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    40 分
  • #367 How Do States Make Independent Judgment in Merger Review? The Tunney Act and HPE–Juniper
    2026/03/02

    States have become increasingly active participants in merger enforcement, often conducting independent analyses and, at times, intervening alongside federal agencies in high-profile cases. What goes into states' analyses and decisions to intervene? Anthony Mariano, Chief of the Antitrust Division at the Massachusetts Office of the Attorney General, speaks with Lexi Michaud and Anora Wang about how states approach merger enforcement in parallel with the DOJ and FTC, the importance of independent state scrutiny, and, using the HPE–Juniper transaction to guide the discussion, how the Tunney Act promotes transparency and public interest oversight of federal settlements.

    With special guest:
    Anthony Mariano, Antitrust Division Chief, Massachusetts Office of the Attorney General

    Hosted by:
    Lexi Michaud, Fried Frank and Anora Wang, Arnold & Porter

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    25 分
  • #366 What's the State of Mini-HSR Regimes? Perspectives from the Colorado & Washington State AGs
    2026/02/23

    State attorneys general are taking a more active role in merger control, with Colorado and Washington leading the way on new "mini-HSR" notification regimes.

    What do these new state pre-merger filing laws require, and how should companies and practitioners navigate them alongside the federal Hart-Scott-Rodino Act?

    Assistant Attorneys General Paula Pera Czollak and Bryn Williams join hosts Puja Patel and James Hunsberger to discuss the origins of the Uniform Antitrust Pre-Merger Notification Act, lessons from the first months of filings in Colorado and Washington, key interpretive questions practitioners are raising, and what the spread of state mini-HSRs could mean for national antitrust enforcement.

    Listen to this episode to learn more about how emerging state-level merger notification regimes are reshaping the U.S. antitrust landscape and what companies need to know now.

    With special guests:
    Paula Pera Czollak, Assistant Attorney General, Antitrust Division, Washington State Office of the Attorney General and Bryn Williams, First Assistant Attorney General, Colorado Attorney General's Office, Leader of Antitrust Unit

    Related Links:
    https://www.atg.wa.gov/premerger-notifications

    Hosted by:
    James Hunsberger, Axinn, Veltrop & Harkrider and Puja Patel, Cleary Gottlieb Steen & Hamilton

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    36 分