Ex-Federal Trade Commissioner Bill Kovacic was named as a non-executive director of the new competition regulator in the UK, the Competition and Markets Authority, which will combine the current duties of the Office of Fair Trading and the Competition Commission. Kovacic was among four others appointed to the upcoming regulator’s board. The watchdog is set to begin operations April 1 of next year. The other four appointees announced were European Commission director general for energy Philip Lowe, non-executive director for Lloyds Banking Group Carolyn Fairbairn, non-executive director for the OFT Alan Giles, and head of the Netherlands’ Authority for the Consumers and Markets Academy Annetje Ottow. The UK’s Business Secretary Vince Cable announced the appointments Monday.
Related Content: Nine Next Steps for Transatlantic Antitrust Policy Cooperation – William Kovacic
Full Content: Bloomberg
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