Trump picks Washington antitrust lawyer as new FTC head
The Federal Trade Commission building in Washington. Photo: Alex Brandon / AP
"Trump has selected Joseph Simons, an antitrust attorney from a Washington law firm, to head the Federal Trade Commission," which enforces antitrust laws, Reuters reports.
- "Simons, a partner at the law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, was a director of the FTC's Bureau of Competition [under George W. Bush] from 2001 to 2003."
- "During Simons' tenure at the FTC, the agency sued to stop Diageo PLC and Pernod Ricard from buying Seagram Spirits and Wine in 2001 to prevent a duopoly in rum. The FTC also filed a lawsuit in 2003 to stop Haagen-Dazs owner Nestle Holdings Inc from buying Dreyer's Grand Ice Cream Inc, which makes also superpremium ice cream. The FTC later settled both cases."