Mo’ money, mo’ enforcement: The Tipline for 19 November 2019
GCR USA attended the American Bar Association’s fall forum yesterday, where the head of the Federal Trade Commission advocated for additional resources to expand enforcement against big technology platforms. Speaking at the same conference, deputy attorney general Jeffrey Rosen said that the Department of Justice’s review of market-leading online platforms has raised “substantive issues”, although it has not come to any conclusions. And you will not be able to ask your significant other to “Paramount consent decree and chill” much longer, as the DOJ said it will seek to terminate the settlements that have regulated the movie industry for more than 70 years. Meanwhile, in New York, defence counsel to a former JPMorgan Chase currency trader accused of conspiring to fix prices for certain currencies has rested its case, setting up closing arguments today alongside the Antitrust Division.
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