December 11, 2024 – MarketWatch recently interviewed Jeffery Cross on the legal fallout following the terminated merger between Albertsons and Kroger. Cross noted that Albertsons’ lawsuit argues Kroger “didn’t use [its] best effort to make this deal work, including the divestiture,” and suggested Kroger entered the trial knowing its case for regulatory approval was weak. To read the full article, click here (subscription may be required).
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Counsel Jeffery Cross Featured by Law360: Grocery Store Rulings Back Enforcers’ Merger Approach
December 11, 2024 – Law360 recently interviewed Jeffery Cross on the court rulings that blocked the $24.6 billion merger between Kroger and Albertsons, a decision that aligned with the FTC’s revised merger guidelines. Cross commented, “What that says to me, is [the companies’ expert] knew that under the traditional methodology Kroger would lose, so he tried to come up with something cutesy.” To read the full article, click here (subscription may be required).
Counsel Jeffery Cross Featured by Cincinnati Business Courier: Kroger-Albertsons merger decision handed down in federal court
December 10, 2024 – Cincinnati Business Courier recently interviewed Jeffery Cross on Judge Adrienne Nelson’s decision to block Kroger’s $24.6 billion merger with Albertsons. Cross noted, “In short, Judge Nelson applied all of the analyses that I would have expected to see students apply to one of my merger exam questions.” To read the full article, click here (subscription may be required).
Partner Steven Brust Featured by Daily Business Review: The Boom Continues: These Firms All Opened New Florida Offices in 2024
December 9, 2024 – Daily Business Review recently highlighted insights from Steven Brust on our expansion in Florida, including the firm’s combination with Jacksonville-based boutique ABL Law. “Combining with a varied Florida-based practice made sense for Smith Gambrell because it fits well with our growth ambitions,” Brust explained. To read the full article, click here (subscription may be required).
Counsel Jeffery Cross Featured by Cincinnati Business Courier: Kroger-Albertsons: Antitrust lawyer has firm view on likely court outcome for acquisition
December 6, 2024 – Cincinnati Business Courier recently interviewed Jeffery Cross on the FTC’s lawsuit to block Kroger’s $24.6 billion acquisition of Albertsons. Cross predicted, “My conclusion is the FTC wins,” citing the agency’s ability to raise “serious and substantial questions” under the legal standard for antitrust cases. To read the full article, click here (subscription may be required).
Counsel Jeffery Cross Featured by FundFire: State Street, BlackRock, Vanguard Face Antitrust Suit. Does It Hold Water?
December 2, 2024 – FundFire recently interviewed Jeffery Cross on the antitrust lawsuit filed by eleven Republican-led states against BlackRock, State Street, and Vanguard. The suit alleges the firms violated monopoly laws by using their stock holdings in coal producers to influence internal policies and reduce coal output. Cross highlighted the unusual nature of the claim, stating, “The idea that an investor acquires stock and then votes on corporate initiatives generated by whomever is a violation of Section 7 is quite unusual. It’s a very novel interpretation of the language and, to my knowledge, has never been held applicable to… Read more
Counsel Jeffery Cross Featured by Legal Dive: DOJ retains Android divestiture as plan B in Google antitrust remedy
November 21, 2024 – Legal Dive recently interviewed Jeffery Cross on the DOJ’s proposal to address Google’s antitrust violations, which includes requiring the tech giant to divest its Chrome browser, license search and ad data to rivals, and end exclusive agreements with device makers. Cross explained, “Requiring Google to license the data to other search engine companies would allow them to be more competitive and would restore competition in the marketplace.” To read the full article, click here (subscription may be required).
Counsel Jeffery Cross Featured by Legal Dive: Google must sell Chrome, DOJ to propose as antitrust remedy
November 19, 2024 – Legal Dive recently interviewed Jeffery Cross on the DOJ’s plan to require Google to sell its Chrome browser as an antitrust remedy to address the company’s dominance in internet searches and online advertising. Cross highlighted that requiring Google to license its search data to competitors could help restore competition in the marketplace. To read the full article, click here (subscription may be required).
Counsel Jeffery Cross Featured by Cincinnati Business Courier: Kroger-Albertsons: Court ruling date delayed in Washington state case
November 19, 2024 – Cincinnati Business Courier recently interviewed Jeffery Cross on the antitrust challenges facing the $24.6 billion Kroger-Albertsons merger, including lawsuits from the FTC. Cross also shared insights on the legal complexities and the delays in rulings, which could determine the fate of the largest grocery merger in U.S. history. To read the full article, click here (subscription may be required).
Partner Moritz Masberg Featured by Markt und Mittelstand: Market entry in the USA – Opportunities for German SMEs
November 5, 2024 – Markt und Mittelstand recently featured Moritz Masberg discussing market entry strategies for German SMEs looking to expand into the U.S. To read the full article, click here (subscription may be required). “The reputation that precedes the products and the countries, combined with the reliable system, logistics options, and the federal structure of the 50 states, make the U.S. particularly attractive for DACH companies,” Masberg highlighted.