Antitrust News at GW Law
Posted by Josh Wright on July 31, 2007
GW Law received a $5.1 million award to fund a Center for Competition Law resulting from the settlement of a class-action antitrust suit brought by Michael Hausfield (of Cohen, Milstein, Hausfeld & Toll, P.L.L.C., and a GW alum).Â
According to the press release, Hausfeld argued that the Center would focus on the “special challenges to traditional antitrust enforcement due to the globalization of markets [and that the Center's] activities would also inure to the benefit of U.S. consumers by deterring the formation of international cartels that harm U.S. consumers,” and that the mission would include “serving as a resource for those seeking to promote private enforcement in competition law in the United States and abroad.” HT: Danny Sokol.
One Response to “Antitrust News at GW Law”
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Steven Donegal said
See Hodak’s post above on hidden costs. Any bets on whether Cohen Milstein’s fee exceeded the cy pres award to GW? Any thoughts on the social value of class action anti-trust cases?