Dina Kallay, Deputy Assistant Attorney General for the U.S. Department of Justice's Antitrust Division, spoke at the Concurrences Dinner in New York, part of the Fordham Annual Conference on International Antitrust Law and Policy. Her keynote addressed the critical role of innovation in competition policy, highlighting efforts by the DOJ to align antitrust enforcement with technological advancement. This discussion is part of a broader initiative marked by 'Innovation Week' at the Antitrust Division, including multiple speeches by senior officials emphasizing innovation's centrality to the US economy. Kallay referenced President Trump's vision of a 'Golden Age of American Innovation,' framing scientific... [Continue Reading]
Daniel Glad, acting Deputy Assistant Attorney General for the US Department of Justice's Antitrust Division, delivered a keynote address focusing on the division's intensified enforcement against cartel activities across sectors. Over the past year, nearly 100 criminal antitrust probes have been initiated, reflecting a robust crackdown on illegal collusion that harms competition and consumers. Roughly half of these cases pertain to private markets, with the rest involving government procurement fraud. Glad described the Procurement Collusion Strike Force model as highly effective in uncovering conspiracies that constitute fraud against the public, reiterating that illicit agreements among competitors undermine market integrity and... [Continue Reading]