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US: FTC’s Joshua Wright wants improved antitrust process

By  |  April 4, 2013
US: FTC’s Joshua Wright wants improved antitrust process

A recently-published paper with stern words for the Federal Trade Commission’s strategies to resolve antitrust cases lists the FTC’s newest commissioner Joshua Wright as an author. Wright, along with federal appeals court judge Douglas Ginsburg, wrote the paper last year. In it, Wright argues that the FTC relies too heavily on settling cases with consent decrees, and instead should have a tougher approach to cases “as if they are headed to trial.” Additionally, the paper suggests that this dependence on consent decrees poses a danger for consumers, as they may lead to sloppy or incomplete investigations by the FTC or the Department of Justice. The paper is part of a tribute to former FTC chairman William Kovacic, who said in a previous interview that it is “healthy and desirable” for the FTC to be “its own most demanding critic.”

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    Full Content: Thomson Reuters

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