In light of the rapidly changing coronavirus (COVID-19) situation, Troutman Sanders and Pepper Hamilton have postponed the effective date of their previously announced merger until July 1, 2020. The new firm – Troutman Pepper – will feature 1,100+ attorneys across 23 U.S. offices. Read more.
Barbara T. Sicalides, a partner with Pepper Hamilton and head of the Antitrust Section of the firm’s Trial and Dispute Resolution Practice Group, was quoted in the April 3, 2020 and April 21, 2020 Reuters articles, "Explainer: Antitrust Law Won't Get in the Way of U.S. Acting to Raise Oil Prices."
"From an antitrust perspective, businesses have been complaining about OPEC and complaining about these foreign systems for years," said Barbara Sicalides, an antitrust expert at Pepper Hamilton LLP. "I don't think it's an antitrust violation. It's certainly a change in policy."
This kind of conduct in private industry would not be permitted, but under the state action doctrine it is allowed if it is done under the commission's authority, said Sicalides.