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Freshfields Bruckhaus Deringer LLP

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Paul Yde

Freshfields Bruckhaus Deringer LLP

Work Department





Paul’s practice involves representing parties before the DOJ, FTC, and state attorneys general on the antitrust aspects of M&A, joint ventures, distribution and intellectual property arrangements, and other competitive conduct. He acts as lead counsel on numerous complex matters relating to a variety of industries, including a continuous docket of merger and conduct investigations at the DOJ and FTC. He also litigates antitrust cases before federal and state courts and in federal administrative proceedings. His clients include Novartis, Rexam, United Airlines, Intel, Johnson & Johnson, Cengage Learning and Hachette Book Group.

Paul previously held positions in government antitrust enforcement, serving as counsel to two Federal Trade Commissioners and as a litigation attorney in the FTC’s Bureau of Competition. Paul has been recognized as a leading US antitrust lawyer by Global Counsel, Chambers Global and International Who’s Who of Competition Lawyers. He has been active in the leadership of the ABA’s Antitrust Section, and has served on the editorial boards of Antitrust Law Journal and Antitrust Magazine.

Paul is trained in both law and economics, having received undergraduate and graduate degrees in economics with a specialization in industrial organization (antitrust) economics. Paul received his JD and an MA (economics) from the University of Kansas and a BS (economics) from the University of Wisconsin. He is admitted in the District of Columbia and Ohio.

United States: Antitrust


Within: Cartel

Freshfields Bruckhaus Deringer LLP demonstrates strong capabilities in DOJ and international civil and criminal behavior investigations, as was evident in 2017 when Bruce McCulloch and counsel Richard Snyder worked with members of the Frankfurt office to represent Kiekert in the DOJā€™s price-fixing investigation in the auto parts industry. In the aviation sector, US antitrust practice head Paul Yde, Mary Lehner, Snyder and New York-based counsel Hiram Andrews are representing United Airlines in the DOJā€™s investigation into alleged price-fixing and seating capacity co-ordination. Tom Ensign is another key figure, as are senior associates Justin Stewart-Teitelbaum, Jennifer Mellott and Jan Rybnicek.

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Civil litigation/class actions: defense

Within: Civil litigation/class actions: defense

In addition to acting for US companies, Freshfields Bruckhaus Deringer LLPā€™s global platform makes it a strong choice for international clients; Bruce McCulloch and counsel Richard Snyder are working with members of the Dusseldorf office to represent German auto parts manufacturer Kiekert and its North American subsidiary in follow-on class action litigation connected with an alleged conspiracy to fix prices of side-door latches. Practice head Paul Yde, Mary Lehner, Snyder, New York-based Hiram Andrews and others are acting for United Airlines in the DOJā€™s seating capacity and pricing co-ordination investigation, and also in the follow-on civil litigation. Other notable clients include Hachette Book Group, Continental AG and PepsiCo. Named individuals are based in Washington DC except where otherwise stated.

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Merger control

Within: Leading lawyers

Paul Yde - Freshfields Bruckhaus Deringer LLP

Within: Merger control

Freshfields Bruckhaus Deringer LLPā€™s global footprint enables it to handle all types of antitrust-related complexities associated with high-profile transactions for US and international clients. Illustrative of the teamā€™s breadth of experience, Richard Snyder has expertise in Latin American merger filings, while Hiram Andrews (New York) and Justin Stewart-Teitelbaum are particularly knowledgeable of European merger control matters. The team, which is led by Paul Yde, also represents clients before the FTC, DOJ and US state attorneys general. In 2017, Yde and Mary Lehner were part of a cross-border team that assisted Johnson & Johnson with obtaining global merger clearance for its $30bn acquisition of Swiss biotech company Actelion Pharmaceuticals. Bruce McCulloch, senior associate Jennifer Mellott and others acted as global antitrust counsel to Maersk Line in its $3.7bn acquisition of Hamburg SĆ¼d from the Dr Oetker Group. Other practitioners with significant merger control experience include Thomas Ensign, senior associates Jan Rybnicek and Laura Collins, and of counsel Terry Calvani. Special counsels Shawn Cooley and Christine Laciak have expertise in CFIUS-related reviews. Named individuals are based in Washington DC, except where otherwise stated.

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