Many clients have asked about the state of federal antitrust
enforcement during the current pandemic. We can tell you this: the
Agencies are taking longer to clear or challenge deals, but the
level of antitrust enforcement, for both merger and conduct cases,
remains robust despite the investigating staff operating from home
offices and kitchen tables.
Our progressive-minded friends at the American Antitrust
Institute and the leaders of the FTC and DOJ have been locked in a
public feud over the level of rigor in the Trump
Administration's antitrust enforcement programs generally. We
come down squarely on the side of the FTC/DOJ that the AAI has
cherry-picked and manipulated data to support its assertion that
enforcement productivity is down. Instead, we see evidence that
enforcement during the current regime is comparable to previous
Democratic and Republican administrations for the past several
decades. Moreover, and despite a call by some progressive