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John Terzaken Quoted in Global Competition Review on FTC’s Infant Formula Price Collusion Investigation
05.31.23
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John Terzaken, Global Co-Chair of the Firm’s Antitrust and Trade Regulation Practice, was quoted in a Global Competition Review article titled, “FTC: Baby Formula Collusion Probe is Justified.” The article covers developments in the FTC’s ongoing investigation into potential price coordination of infant formula after a shortage was experienced last May, including a recent order rejecting a request that the FTC narrow the scope of its investigation. When discussing the FTC’s sector probes, John explained that they can be more general than DOJ investigations, which tend to focus specifically on collusion and require some evidence to get off the ground. He additionally noted that Commissioner Alvaro Bedoya’s opinion “seems to suggest there’s not a lot of evidence of actual collusion.”
To read the full article, please click here (subscription required).