For decades, antitrust lawyers at the U.S. Department of Justice and the Federal Trade Commission have squabbled over turf, but now the two agencies are moving toward a rare level of harmony.
One key: William Baer and Deborah Feinstein. For the first time ever, two lawyers from the same firm stand at the top of federal antitrust enforcement, bringing to their jobs a rapport built over 27 years working on and off together at Arnold & Porter. It’s a bittersweet loss for the firm, where Baer, 63, led Arnold & Porter’s global antitrust practice and Feinstein, 52, was head of its U.S. antitrust practice. But it’s likely to be a boon to the public.
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