Does FTC note merger efficiencies? Its dismissal of BP/ARCO's synergies and cost savings argument may mark a retreat from the position it took in 1997 guidelines

Article Abstract:

Issues regarding the FTC's suit to block the proposed merger of BP Amoco and ARCO because the merger would substantially lessen market competition are discussed. The agency argued that the claimed efficiencies were legally irrelevant to the merger due to prevailing Supreme Court precedent. This represents the agency's significant retreat from its Horizontal Merger Guidelines.

Mergers, acquisitions and divestments, Petroleum industry, Atlantic Richfield Co., BP PLC, ARC

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Arbitration agreements

Article Abstract:

The tactics remaining employees to challenge labor arbitration agreements as unenforceable contracts notwithstanding the new body of federal law on the scope of the Federal Arbitration Act is discussed. Adequate employer-employee consideration and the employee's informed consent on the arbitration issue are factors.

Labor arbitration

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Court throws jurisdictional curve ball; the D.C. Circuit refuses to uphold an arbitration award against a foreign government for lack of minimum contacts

Article Abstract:

Creighton Ltd. v. Government of the State of Qatar is discussed, in which the District of Columbia Circuit declined for jurisdictional reasons to enforce an award rendered for a US-based company against the government of Qatar in an arbitration administered by the International Chamber of Commerce.

Immunities of foreign states, State immunities

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