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US: Senate panel to hear from antitrust heads

By  |  February 14, 2016

The Senate Judiciary Committee’s antitrust subcommittee will hear from the top US antitrust bosses next month to discuss a wave of big mergers over the past year, according to a staffer briefed on the hearing.

The Justice Department’s Bill Baer, the assistant attorney general for the antitrust division, and Edith Ramirez, chairwoman of the Federal Trade Commission, will testify, the staffer said. The two divide the work of antitrust enforcement.

The hearing will be March 9 at the Senate Judiciary Committee’s antitrust panel, which is headed by Senator Mike Lee, a Republican from Utah.

One matter that will be taken up is the FTC’s use of Section Five, a portion of its authority that it uses to investigate companies which urge rivals to collude with them on price.

Full content: CNBC

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