
The U.S. Department of Justice issued remarks today by Assistant Attorney General (Antitrust Division) Sharis Pozen to the Brookings Institution.
Ms. Pozen’s remarks focus on the “reinvigorated antitrust enforcement” under President Obama in the past three years, including the Antitrust Division’s challenges of mergers (57 mergers challenged, including Tickemaster/Live Nation, H&R Block/TaxAct, AT&T/T-Mobile and the proposed acquisition of NYSE Euronext by NASDAQ OMX Group and IntercontinentalExchange) and criminal price-fixing and bid-rigging cases, including the air cargo, municipal bonds, automobile parts, LCD panel and e-book cases (244 criminal cases with more than $2 billion in fines and 80,000 days of jail time).
Ms. Pozen also describes the Antitrust Division’s international cooperation efforts and steps taken to increase transparency in its review of mergers (which parallels similar efforts by the Competition Bureau in Canada and its efforts to update or issue a number of new merger review related guidelines over the past three years).
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