Doubling-Down on Disgorgement
1 PM EST
Antitrust enforcers are doubling-down on disgorgement. Although a relatively recent addition to the agencies’ remedy toolbox, disgorgement is on the rise with DOJ obtaining money as part of the remedy in the New York City Tour Buses matter and the FTC doing the same in Cardinal Health. Numerous recent statements from the leadership of both agencies show that disgorgement likely will be at issue much more in the future. Come hear current and former agency officials discuss this intriguing remedy, including questions such as: What factors lead the agencies to seek disgorgement? Why did the FTC withdraw its policy statement in 2012? Where does the money go?
* William Stallings, Mayer Brown
* Mary Lehner, Freshfields Bruckhaus Deringer LLP
* Kathy O’Neill, U. S. Department of Justice, Antitrust Division
* Daniel Zach, Mergers I Division, Federal Trade Commission
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