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Labor markets, artificial intelligence and consumer-related issues are going to be under the microscope from antitrust investigators around the globe in 2024, according to a report from Morgan, Lewis & Bockius.
"Labor markets, which have been a trend in the U.S. for a few years, are now becoming increasingly international. And there are now investigations in Europe, in the UK, and in other jurisdictions around the world," said London-based Morgan Lewis partner Omar Shah.
Shah and Washington, DC-based colleague Clay Everett are co-authors of the firm's 2023 Global Cartel Enforcement Report, which noted that no-poach and wage-fixing agreements have attracted a great deal of enforcement activity globally as employers look for ways to limit the cost of labor in a tight market.
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In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
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