Antitrust and Consumer Protection

Competition: Spring 2017, Vol 26, No. 1

CRIMINAL ANTITRUST ENFORCEMENT DURING THE OBAMA ADMINISTRATION

The Golden State Institute was honored to have Renata Hesse, Acting Assistant Attorney General of the Antitrust Division of the United States Department of Justice speak about criminal antitrust enforcement during the Obama Administration. Following her remarks, she was joined by several of her colleagues from the Division for a panel discussion. The panel included Brent Snyder, Deputy Assistant Attorney General for Criminal Enforcement, Kate Patchen, Chief of the San Francisco Office and Matthew Lunder, Counsel to the Director of Criminal Enforcement. The discussion was moderated by Niall Lynch, Partner in the San Francisco office of Latham & Watkins LLP.

Remarks by Renata Hesse

Good afternoon. It’s been my honor to serve as Principal Deputy Assistant Attorney General for the past four years, and twice during that time as Acting Assistant Attorney General. Recently I’ve spoken about our civil enforcement program, its work here at home and with our international partners and about the importance of our cooperative relationships with state and federal enforcers. I’m grateful for this opportunity to talk to you today about the division’s criminal program.

The statistics from the past eight years are undeniably impressive, and we are justifiably proud of them. But conviction tallies and fine amounts alone are an inadequate accounting of our accomplishments. The measure of success for any criminal-enforcement program is not merely the number of cases it successfully prosecutes, but also the breadth of critical industries it touches in various sectors of the economy, and the impact on American consumers. It’s been my privilege to both watch and participate in the development of the division’s criminal program, and I have come to deeply appreciate the sound policy objectives and appropriate exercises of prosecutorial discretion that sustain it.

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