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Session on February 13 to Focus on Business Testimony

The Federal Trade Commission and the U.S. Department of Justice’s (DOJ) Antitrust Division today announced that the latest in a series of joint public hearings designed to examine the implications of single-firm conduct under the antitrust laws will take place on February 13 in Chicago, Illinois.

These hearings have been examining whether and when specific types of single-firm conduct may violate Section 2 of the Sherman Act (which prohibits monopolization and attempted monopolization) by harming competition and consumer welfare and when they are pro-competitive and lawful. The February session will be hosted by the University of Chicago Graduate School of Business.

The panels on February 13 will provide an opportunity for business executives to express their views on Section 2 issues, including areas where the companies perceive that single-firm anticompetitive conduct has harmed consumers and areas where legitimate pro-competitive behavior may have been chilled. These panels also will provide an opportunity for company executives to identify areas where they believe additional agency antitrust guidance would be useful.

The sessions will be held in Room 600 of the University of Chicago Graduate School of Business’ Gleacher Center, 450 Cityfront Plaza Drive, Chicago, Illinois 60611.

Further information is provided below:

February 13, 2007 Session:

Business Testimony (9:30 A.M.–12:00 P.M. CST):

David A. Balto, Attorney, on behalf of the Generic Pharmaceutical Association.

Patrick Sheller is the Chief Compliance Officer, Eastman Kodak Company.

Ron Stern is the Vice President and Senior Competition Counsel, General Electric Company.

Business Testimony (1:30 P.M.–4:00 P.M. CST):

Stan Anderson is the Senior Counsel to the President, United States Chamber of Commerce.

Bruce Sewell is the Senior Vice President and General Counsel, Intel Corporation.

Bruce Wark is the Associate General Counsel, American Airlines, Inc.

The public and press are invited to attend all of the hearings. Seating will be on a first-come, first-served basis. Interested parties may submit written comments to the FTC and the Antitrust Division.

Further information about these hearings will be posted on the FTC’s Web site, http://www.ftc.gov/os/sectiontwohearings/index.htm and the Antitrust Division’s Web site, http://www.usdoj.gov/atr/public/hearings/single_firm/sfchearing.htm. Individuals seeking more information on the hearings should contact Patricia Schultheiss, FTC, at section2hearings@ftc.gov, or Gail Kursh, Deputy Chief, Legal Policy Section, Antitrust Division, at singlefirmconduct@usdoj.gov.

The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. To file a complaint, or to get free information on any of 150 consumer topics, call toll-free, 1-877-FTC-HELP (1-877-382-4357), or use the complaint form at http://www.ftc.gov. The FTC enters Internet, telemarketing, identity theft, and other fraud-related complaints into Consumer Sentinel, a secure, online database available to thousands of civil and criminal law enforcement agencies in the U.S. and abroad.


MEDIA CONTACT:

Mitchell J. Katz,
Office of Public Affairs
202-326-2161

STAFF CONTACT:

Patricia Schultheiss,
202-326-2877

 
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