FTC

June 14, 2023

KJ Boyle

Newsletter Anti-MonopolyBigLawDepartment of JusticeFTCIndependent AgenciesRevolving Door

Christine Varney Made A Career Out Of An Agency She Now Deems Unconstitutional

Implicit in the worldview of these revolvers is the idea that corporations should be free to operate and acquire competitors with near impunity, therefore antitrust enforcement should be as narrowly tailored as possible. This is obviously problematic — we need regulators that believe in the government’s ability to take on corporations with outsized market influence — but Cravath, Swaine & Moore’s Christine Varney recently took things many steps further in her representation of the biotech company Illumina in its case against the FTC. Varney doesn’t just attack specific enforcement actions as unwarranted, but calls into question the constitutionality of the FTC’s authority to issue enforcement actions in the first place. 

June 08, 2023

Andrea Beaty

Press Release Anti-MonopolyEthics in GovernmentFTCRevolving Door

PRESS RELEASE: Revolving Door Lawyers Aim To Dismantle Antitrust Enforcement Authorities

Cravath, Swaine & Moore’s Christine Varney, a former head of the US Department of Justice’s Antitrust Division, and other BigLaw lawyers representing Illumina and Grail filed a brief this week seeking to secure a merger which the FTC said would “diminish innovation in the U.S. market” for cancer detection tests. Revolving Door Project Research Director Andrea Beaty released the following statement concerning the brief and its authors.

May 09, 2023 | Common Dreams

KJ Boyle

Op-Ed Anti-MonopolyDepartment of JusticeFTCMedia Accountability

Not Every “Former Antitrust Official” Is a Neutral Expert

The Federal Trade Commission (FTC) and DOJ Antitrust Division have long served as an essential stop for antitrust experts looking to maximize opportunities, influence, and compensation at BigLaw firms and monopolistic corporations. By spending some time learning the ins and outs of government investigations and enforcement efforts, revolvers are seen by potential corporate employers to be better equipped to assist corporations in antitrust lawsuits against their former government employers.

April 19, 2023

KJ Boyle Andrea Beaty Emma Marsano

Newsletter

Anti-MonopolyConsumer ProtectionDepartment of JusticeFTCGovernment CapacityIndependent Agencies

To Reverse Decades Of Neglect, Antitrust Agencies Need Robust Budgets

The FTC and the DOJ are still dealing with a deluge of corporate mergers, and still only have capabilities to challenge a handful of those actions each year. Restoring competition in the U.S. economy will require much more than slight increases in funding — these government agencies need monumental budgets to take on entrenched monopolies that have flourished with decades of lax enforcement.

April 11, 2023

Toni Aguilar Rosenthal

Letter Confirmations CrisisFTCIndependent Agencies

Progressive Groups Urge President Biden Not To Rush To Fill Republican FTC Vacancies

Demand Progress and the Revolving Door Project sent a letter to President Biden reminding him that neither the White House nor Senate Democrats “should feel compelled to expedite the nomination and/or confirmation of Republicans to independent agencies” particularly while Democratic nominees remain languishing in the Senate due to years of Senate Republicans’ malfeasance.

March 31, 2023

Andrea Beaty

Press Release Anti-MonopolyFTCRevolving Door

As We Say Good Riddance, Which Corporate-Funded Entity Will Give Christine Wilson A Warm And Lucrative Welcome? 

Today marks Christine Wilson’s final day as a Commissioner for the Federal Trade Commission. The question on the top of our minds: Will Wilson follow in the footsteps of her former colleague, and RDP’s 2022 “Revolver of the Year,” Noah Phillips, and move to a cushy BigLaw job defending corporations from antitrust enforcement? 

February 09, 2023 | The Sling

Andrea Beaty KJ Boyle

Op-Ed Anti-MonopolyConsumer ProtectionDepartment of JusticeFTCIndependent Agencies

In Competition and Consumer Protection, The FTC Needs More Funding To Give Economic Power Back To Americans

Congressional Democrats managed to pass a few crucial measures during December’s lame duck session. One tiny fraction of the omnibus bill to fund the government was the Merger Filing Fee Modernization Act, a measure for which anti-monopoly advocates have long been pushing. And beyond the DOJ Antitrust and FTC’s edict to enforce competition, the FTC has another underfunded but crucial mission: consumer protection. 

June 29, 2022

Glenna Li

Blog Post Anti-MonopolyDepartment of JusticeExecutive BranchFTC

Biden Must Take On Refineries To Lower Gas Prices

Rising gas prices may not be a problem of the Biden administration’s making, but they are a problem it cannot afford to ignore. People across the country are feeling their effects, with some groups like gig workers and those in the trucking industry – which has seen an increase in layoffs as gas prices have risen – suffering more acutely. In the face of these difficult conditions, it is essential that the Biden administration take decisive action to ease the pain people are feeling right now and, in the medium-term, address the structural factors that created this crisis.

June 28, 2022

Andrea Beaty

Press Release Anti-MonopolyDepartment of JusticeEthics in GovernmentFTC

RELEASE: New Report Finds Extensive Revolving Door To Corporate Interests Undermines Robust Anti-Monopoly Enforcement

The Revolving Door Project published a new white paper, “The Revolving Door In Federal Antitrust Enforcement,” which presents new evidence of the extent and impact of the revolving door at both the leadership and staff levels between the Department of Justice Antitrust Division and the Federal Trade Commission and corporate-aligned entities.