The Antitrust Section of the New York State Bar Association
New York, N.Y.
The last four months in Washington have seen an unprecedented debate over the future role the federal government will play in our lives. Antitrust enforcement has not been a major issue in that debate, probably because the resources required for it -- roughly $135 million for this year for the FTC and the Antitrust Division combined -- are quite small in the context of a U.S. budget that exceeds $2trillion dollars and a FY-95 deficit of $163 billion. (2)But that likely will not last for long -- whether or not there is an agreement reached to balance the budget in seven years.