acc ncr advanced topics for in-house lawyers

20
© Arnold & Porter Kaye Scholer LLP 2021 All Rights Reserved. ACC NCR Advanced Topics for In-House Lawyers Session Four: Antitrust 2.0 – New Administration, New Priorities

Upload: others

Post on 03-Apr-2022

3 views

Category:

Documents


0 download

TRANSCRIPT

© Arnold & Porter Kaye Scholer LLP 2021 All Rights Reserved.

ACC NCR Advanced Topics for In-House Lawyers

Session Four: Antitrust 2.0 – New Administration, New Priorities

Panelists

2

Debbie FeinsteinPartner, Arnold & Porter

Andre GeverolaPartner, Arnold & Porter

Jonathan GleklenPartner, Arnold & Porter

Brinkley TappanAsst. VP & Senior Legal

Counsel, AT&T

Antitrust in the New Administration

3

Antitrust Enforcement Climate

New Enforcers

FTC DOJ White House

Lina KhanFTC Chair

Alvaro BedoyaFTC Commissioner

(Nominated)

Jonathan KanterDOJ Antitrust AAG

(Nominated)

Tim WuSpecial Assistant to

the President for Technology &

Competition Policy

What Happens While There Is No Confirmed DOJ Leadership?

Are Democratic Administrations Different From Republicans?

“Compared to the pendulum narrative, the article’s interpretation of modern antitrust experience more strongly emphasizes elements of continuity and the cumulative nature of public antitrust enforcement.” The Modern Evolution of U.S. Competition Policy Enforcement Norms- Bill Kovacic (Former Republican FTC Chair)

The Biden Executive Order

• Labor markets• Agriculture• Big Tech• Pharma• Telcos• Airlines• Rail & Shipping• Healthcare• Defense• Alcohol• Financial Services

Criminal Enforcement In The New Administration

New Antitrust Legislation?

State Attorney General Enforcement

11

What Are The States Doing in Antitrust?

Government Procurement

13

The Procurement Collusion Strike Force

Compliance

15

New DOJ Approach to Compliance Programs

1. Design and comprehensiveness

2. Culture of compliance3. Responsibility for the

compliance program4. Risk assessment5. Training and communication6. Periodic review, monitoring

and auditing7. Reporting8. Incentives and discipline9. Remediation and the role of

the compliance program in the discovery of the violation

Mergers

17

How is the Biden DOJ Approaching Mergers?

Important Merger Developments at the FTC

Other Topics

20