DOJ Antitrust Leader William Baer Departs to Take No. 3 Position in Justice Department

Baker Donelson
Contact

On April 11, U.S. Attorney General Loretta Lynch announced that William Baer, Assistant Attorney General (AAG) and head of the DOJ Antitrust Division, would resign from the Antitrust Division and be appointed acting Associate Attorney General, the number three position in the Justice Department. Baer replaces Stuart Delery, who resigned a few weeks earlier and held the position since September of 2014.

Baer served as AAG for the Antitrust Division since December 2012 and is credited with implementing President Obama’s pledge to step up antitrust enforcement at the Division. Within a month of his appointment, Baer moved to block Anheuser-Busch InBev's proposed acquisition of Grupo Modelo. He is also credited with bringing the high profile "e-books" antitrust action against Apple and actions against financial institutions for alleged antitrust violations. In the insurance industry, Baer's Antitrust Division is currently engaged in a significant review of the Anthem/Cigna and Aetna/Humana deals. In criminal antitrust matters, under Baer's stewardship, the Antitrust Division increased criminal fines from $1.02 billion in 2013 to $3.63 billion in 2015.

Several days later, on April 15, Attorney General Lynch announced that Renata Hesse would replace Baer at the Antitrust Division, becoming acting AAG for Antitrust. Hesse previously served as Baer's principal deputy. In announcing the appointment, Lynch stated that she was "confident that under [Hesse's] guidance, the Antitrust Division will continue to excel in its work to ensure free and fair markets and to protect American consumers."

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Baker Donelson | Attorney Advertising

Written by:

Baker Donelson
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Baker Donelson on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide