This is a rundown of last week’s news updates on Antitrust:
BASF obtains favourable verdict for patent-licensing antitrust claims
Chemical company BASF Corp has succeeded in their claims against rival chemical company Ingevity Corp for antitrust claims of tying a license to a patent to an obligation to buy the consequent product. The jury in this case had reached an award of $28 million, however, based on a provision of US federal antitrust law, the award is to be tripled to…