June 2, 2009
A Plea for Greater Antitrust Transparency
Posted by D. Daniel Sokol
Comments over breakfast one morning last week at a great antitrust conference in Santorini organized by Ioannis Lianos and UCL got me thinking about the lack of transparency among antitrust practitioners and academics -- at least in the United States though I suspect elsewhere as well. Oftentimes, academics and private practitioners (many with former agency experience) are asked to present at various hearings and workshops because of their expertise on a topic. Oftentimes they include written submissions along with their oral testimony. It is very rare that such practitioners and academics include who has paid for their testimony.
Going forward, I hope that DOJ and FTC begin the introduction to every speaker with the following question. "Have you or will you be billing a client for work in connection with this testimony and if so, who is it?"
Similarly for law reviews and peer review journals, I hope that going forward they mandate disclosure the way that the Antitrust Law Journal does for these purposes.
June 2, 2009 | Permalink
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