On December 8 the Department of Justice (DOJ) and the Federal Trade Commission (FTC) held a Horizontal Merger Guidelines Review Project Workshop at NYU School of Law. The day-long workshop brought together five panels to discuss the Horizontal Merger Guidelines, which outline the merger enforcement policy of the FTC and DOJ, and to determine whether the guidelines accurately reflect the current practice of merger review at the DOJ and the FTC.

The event was the second of five workshops to be held around the country in December 2009 and January 2010. Charles L. Denison Professor of Law and director of the Trade Regulation Program Harry First; Walter J. Derenberg Professor of Trade Regulation Eleanor Fox '61; Howard Shelanski, Deputy Director of the FTC’s Bureau of Economics; and Philip Weiser '94, Deputy Assistant Attorney General in the DOJ’s Antitrust Division served as co-chairs of the workshop.

The day began with welcoming remarks from Dean Revesz. The first panel, “Working with International and State Authorities,” was moderated by FTC commissioner Pamela Jones Harbour, and featured Fox in a discussion of market definitions. During the last panel, moderator Weiser; First; Joseph Krauss of Hogan & Hartson; Louis Kaplow of Harvard Law School; and Janusz Ordover of NYU’s Department of Economics considered potential revisions to the guidelines for the future. (see video below)


posted December 21, 2009.

Watch Dean Revesz's welcome (8 min):

Watch Panel 1: Working with International and State Authorities (56 min)

Watch Panel 5: General Discussion and Roundtable (1 hr):