US: Government savings plan results in closed DOJ antitrust offices, shut-out lawyers
A more than $100 million cost-savings plan, announced by Attorney General Eric H. Holder Jr. in 2011, was supposed to consolidate DOJ antitrust staff into fewer offices and mean more efficiency in larger antitrust investigations. The result today, however, is antitrust lawyers out of the division altogether, many having even left the government. The cost-savings plan shut four of seven regional antitrust offices down, though AG Holder reassured that staff could and should relocate to the offices that stayed open. The media in Philadelphia, however, where one office was shut down, have found 14 of the 15 antitrust lawyers to be out of the division, 10 of which have left the government – Antonia Hill is the only remaining lawyer from Philadelphia, now working in New York. Former lawyers of the Philadelphia office – which opened in 1948 and was responsible for bringing companies like General Electric, Westinghouse, and GE Capital to justice – have generally agreed the decision to close the office was a governmental mistake, and one that resulted in a loss of talent for the DOJ’s Antitrust Division.
Full Content: Philly.com
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU’s Incoming Competition Head Pushes for Policy Shift to Support ‘European Champions
Sep 19, 2024 by
CPI
Google Challenges $217 Million Legal Fee Demand in Privacy Case
Sep 19, 2024 by
CPI
EU Moves to Enforce Apple’s Compliance with New Market Rules
Sep 19, 2024 by
CPI
California Attorney General Bonta Stands Firm Against Albertsons-Kroger Merger
Sep 19, 2024 by
CPI
New FTC Report Highlights Privacy Risks in Social Media Data Use
Sep 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández