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Divestitures may not preserve competition when firms sell off weaker business lines, US FTC’s Heimert says

Despite US competition enforcers’ preference for structural remedies over behavioral ones, the Federal Trade Commission and Justice Department have started to find that even some divestments don’t adequately preserve competition, according to an FTC official.
Speaking to an Australian conference*, Andrew Heimert, the agency’s counsel for Asian competition affairs, said

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James Panichi

Senior Editor, Asia Pacific


James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the European operation of US political website Politico as an investigative reporter specializing in governance, transparency and lobbying.

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