M & A Law Prof Blog

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Boston College Law School

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Monday, May 18, 2009

Major Antitrust Enforcement Policy Shift Announced: DOJ To Take Aim at Market Leaders

In her first public remarks as chief antitrust enforcer, the newly installed Assistant AG, Christine Varney, announced that the Antitrust Division is reversing the prior administration’s policy with respect to enforcement of Section 2 of the Sherman Act.  Varney said that under the prior policy of "inadequate antitrust oversight" with respect to dominant firm conduct, markets have failed to self-police and that as a result, we now see numerous markets distorted.  She also said that "vigorous antitrust enforcement must play a significant role in the Government’s response to economic crises to ensure that markets remain competitive." Specifically, Varney said that vigorous enforcement of Section 2 of the Sherman Act will be part of the Division’s contribution to the Government’s multifaceted response to the current market conditions.

Here's my firm's client alert on the change.

MAW

http://lawprofessors.typepad.com/mergers/2009/05/major-antitrust-enforcement-policy-shift-announced-doj-to-take-aim-at-market-leaders.html

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