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.