Odd Lots DOJ's Jonathan Kanter on the Bidenomics Approach to Antitrust
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Jul 31, 2023 
Jonathan Kanter, the Assistant Attorney General for the Antitrust Division at the DOJ, dives into the role of antitrust enforcement in Bidenomics. He discusses how increased competition can enhance working conditions and innovation. The conversation explores challenges in assessing competition, especially in banking and tech sectors impacted by AI. Kanter also highlights efforts between the DOJ and FTC to refine antitrust strategies, ensuring a fair market landscape amid evolving economic dynamics.
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New Merger Guidelines
- New merger guidelines address multi-sided, multi-dimensional markets.
- They recognize that market geometry is more complex than traditional vertical/horizontal models.
Case Generation
- In 1996, FTC attorneys read newspapers to find case leads.
- Now, leads come from various sources, including businesses seeking antitrust enforcement.
Anti-Competitive Practices
- The DOJ focuses on substance over form, looking beyond mergers to partial acquisitions and interlocks.
- Attempts to evade antitrust laws through strategic investments are often unsuccessful.