Stay current on the latest developments from agencies including the CFPB, Federal Reserve, FDIC, and OCC to advise clients on real-life regulatory situations.
Antitrust law veteran Abbott (“Tad”) Lipsky has been tapped to lead the Federal Trade Commission’s competition bureau on an acting basis, replacing Deborah Feinstein, who has stepped down, the agency said Feb. 16.
Lipsky, a conservative who worked on President Donald Trump’s FTC transition team, will bring to his new position more than 40 years of experience in antitrust law, both in government and private practice.
“He’s one of the elder statesmen of the bar, has great respect for use of economics in antitrust analysis, and fits right into the regulatory humility approach of FTC Acting Chair Maureen Ohlhausen,” Bilal Sayyed, a partner at McDermott Will & Emery, told Bloomberg BNA.
John Briggs, an antitrust partner at Axinn, Veltrop & Harkrider LLP, said Lipsky’s views will likely be “broadly consistent” with those of Ohlhausen.
Lipsky, whose appointment becomes effective March 6, is currently a partner at Latham & Watkins LLP. He was previously a deputy assistant attorney general in the Justice Department’s Antitrust Division during the Reagan administration.
Ohlhausen said in a statement that Lipsky will help the agency to promote competition and foster innovation, “based on sound free-market principles.” She said she was grateful for Feinstein’s “exceptional” service to the agency.
Under Feinstein’s leadership, the commission successfully challenged Staples Inc.’s bid to acquire Office Depot Inc., among other mergers.
Ohlhausen also announced the appointment of Alan Devlin as acting deputy director of the competition bureau. Devlin previously served as Ohlhausen’s attorney adviser.
To contact the reporter on this story: Alexei Alexis in Washington at firstname.lastname@example.org
To contact the editor responsible for this story: Tiffany Friesen Milone at email@example.com
Copyright © 2017 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)