FTC Chair Lina Khan Flags AI Price-Setting Tools as Potential Collusion Risk

During a discussion at the Ninth Circuit Judicial Conference, Federal Trade Commission Chair Lina Khan voiced concerns about contemporary issues facing the agency, including the significant expenses incurred for expert witnesses. Of particular note, she described AI price-setting tools as a potential loophole for corporate collusion, highlighting the emerging complexities brought on by advanced technologies….

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FTC Chair Warns of AI Price-Setting Tools as Potential Collusion Loophole

Federal Trade Commission Chair Lina Khan expressed concerns regarding the potential misuse of AI price-setting tools during a discussion at the Ninth Circuit Judicial Conference. Khan highlighted these tools as a potential loophole for corporate collusion, alongside addressing the agency’s significant legal expenses for expert witnesses. These remarks come amidst increasing scrutiny of AI in…

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NBA Secures $76 Billion Broadcast Deal with Amazon, NBC, and Disney, Ending TNT Partnership

The National Basketball Association (NBA) announced Wednesday that it has secured new telecast and streaming agreements with Amazon, NBCUniversal, and The Walt Disney Co. valued collectively at $76 billion over 11 years. This marks the end of the league’s longstanding partnership with TNT, which has indicated it will “take appropriate action.” For more details, you…

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U.S. Solicitor General Urges Department of Justice to Prioritize Justice Over Wins

Legal News U.S. Solicitor General Elizabeth Prelogar emphasized the necessity for the federal government to prioritize justice over merely achieving victories. During her keynote speech at the Ninth Circuit Judicial Conference, she called attention to the Department of Justice’s revised stance in a Supreme Court case that pertains to a criminal defendant’s entitlement to a…

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Michigan Professor’s Startup Urges Federal Circuit to Reconsider PTAB Ruling in Apple Dispute

A startup founded by a Michigan professor has requested that the full Federal Circuit reconsider a decision issued by U.S. District Judge Alan Albright. The startup contends that the Patent Trial and Appeal Board (PTAB) wrongly entertained certain arguments from Apple. The specifics of the case were not elaborated upon in available information, but the…

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Federal Circuit Upholds PTAB Rulings, Denies Old Patent Claims Revival

On Wednesday, the Federal Circuit decisively rejected efforts by an internet router manufacturer to reinstate testimony that might have significantly altered two rulings made by the Patent Trial and Appeal Board (PTAB). The court’s decision centers around whether to revive intellectual property ideas that were conceived decades ago by a now-bankrupt technology company. The proceedings…

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Federal Judge Rules in Favor of Crocs in Pivotal Intellectual Property Dispute with Joybees Over Clog Designs

A Colorado federal judge has made a significant decision in the ongoing intellectual property dispute between foam shoemaker Joybees and Crocs. The judge concluded that Crocs’ patent illustrations provide a more accurate representation of the design of the clogs, as opposed to the written descriptions provided by Joybees. This ruling underscores the importance of visual…

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Mass Partner Exodus from Holland & Knight Reshapes Legal Landscape in Philadelphia

In a noteworthy lateral move, 20 partners have departed from Holland & Knight to join Polsinelli’s Philadelphia office, creating turbulence but not necessarily spelling doom for the former firm. Above the Law reports that the partners, many of whom are executive compensation and employee stock ownership plan attorneys, are part of a group that previously…

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Diversity in Biglaw: Top Firms Achieve 22% Minority Representation Among Equity Partners

The landscape of diversity within Biglaw equity partnership continues to be a focal point of discussion, particularly as firms strive to improve their inclusivity metrics. According to the latest 2024 Law360 Pulse Diversity Snapshot, two prominent Biglaw firms, each with more than 601 attorneys, have emerged as leaders in this arena. The report highlights that…

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Carrier Corporation and Former Salesman Settle Trade Secrets Dispute in Connecticut Federal Court

Florida-based Carrier Corp. and a former salesman have reached an agreement in a lawsuit where the company accused the ex-employee of stealing trade secrets. As part of the agreement, the former salesman has committed to a Connecticut federal court that he will refrain from disclosing any protected information obtained during his tenure with the company….

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Legal Industry Trends: How Data Is Shaping Corporate Law and Litigation Practices

This week’s data trend analysis in the legal industry explores several crucial developments that are shaping the sector. Dig into must-see data from the Law.com Newsroom for insights on the latest trends impacting corporate law firms, litigation practices, and transactional work. The report outlines patterns such as evolving client demands, the rise of technology in…

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Legal Industry Trends: Georgia’s Judicial Demographics and Northeast Revenue Growth

This week’s data from the legal industry highlights significant trends, including demographic details of Georgia’s judicial appointments and revenue growth at law firms in New Jersey and New York. Insights from the Law.com Newsroom bring to light how these developments are shaping the field. For more nuanced data and in-depth analysis, the article provides a…

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European Council Expands Sanctions to Combat Global Sexual and Gender-Based Violence

The European Council has approved new restrictive measures targeting individuals and entities allegedly responsible for severe human rights abuses, including sexual and gender-based violence. These sanctions, implemented under the EU’s Global Human Rights Sanction Regime, encompass travel bans and asset freezes against four individuals and two entities. The individuals sanctioned include Abdel Karim Mohammed Ibrahim,…

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U.S. Government Contests Lawyer’s $300,000 Car Racing Expense Deduction in Tenth Circuit

A personal injury lawyer who also races cars should not be permitted to deduct around $300,000 for racing-related expenses as ordinary business advertising costs. This argument was presented by the U.S. government to the Tenth Circuit on Wednesday. The government maintains that these costs are not connected to the lawyer’s legal practice, challenging the notion…

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Harvard Faces Legal Battle Over Alleged Inadequate Response to Antisemitism Claims

Harvard University’s attempt to dismiss claims of failing to protect Jewish students from antisemitic intimidation was challenged in a Massachusetts federal court. Students’ legal representatives argued that the institution’s efforts amounted to telling the plaintiffs to “cool your jets” while the issue was being addressed. The case highlights ongoing concerns about antisemitism on university campuses…

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North Korean Hacker Employed by US Security Firm, Loads Malware Immediately

KnowBe4, a US-based security vendor, recently disclosed that it unknowingly hired a North Korean hacker who attempted to introduce malware into the company\u2019s network. According to KnowBe4 CEO Stu Sjouwerman\u2019s blog post, the incident was quickly identified and mitigated without any data loss or unauthorized access. \u201CFirst of all: No illegal access was gained, and…

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U.S. House Stalls Bill on Copyright Protections for Safety Standards

The U.S. House recently failed to advance legislation that would permit private organizations, which develop standards for various safety matters, to retain copyright protections even when their standards are incorporated by reference into laws. The proposed legislation stipulated that these standards must be made available for free online to maintain their copyright protections. This development…

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