W. Stephen Smith

Partner

Washington D.C., (202) 887-1514

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Education

Northwestern University (B.A., 1978)
;
Northwestern University (M.B.A., 1979)
;
University of Chicago Law School (J.D., 1983)

Practices

Antitrust Law

Appellate + Supreme Court

Litigation

Bar Admissions

District of Columbia

In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation

(E.D.N.Y.) Representing a major financial institution in federal antitrust class and individual actions alleging that the payment-card practices of the defendant card networks and financial institutions constitute an unreasonable restraint of trade and illegal monopolization, in what is likely the largest private antitrust suit ever brought. (Ongoing)

In re ATM Fee Antitrust Litigation

(N.D. Cal.) Representing JPMorgan Chase Bank, N.A. in a putative class action involving ATM interchange fees. On behalf of our client and the joint defense group, won Ninth Circuit affirmance of summary judgment on the ground that the plaintiffs lacked standing to bring their claim under the Supreme Court’s decision in Illinois Brick Co. v. Illinois. (2012)

Western Digital/Hitachi GST

Represented Hitachi Ltd. in its $4.8 billion sale of Hitachi GST to Western Digital. (2012)

Lam Research/Novellus Systems

Represented Novellus in its $3.3 billion merger with Lam Research. (2012)

Intel/Infineon

Represented Intel Corporation before antitrust agencies worldwide in its $1.4 billion acquisition of Infineon Technologies’ Wireless Solutions business. (2010)