Washington antitrust partner Deborah Garza is featured prominently in a November 14th The Deal article entitled "Climate change" about efforts to streamline the clearance process for merger reviews. The article notes that Garza is the Chairwoman of the Antitrust Modernization Commission, formed by Representative James Sensebrenner, R.-Wis. to clean up long-standing shortcomings in merger review practice, as well as to adapt Department of Justice (DOJ) and Federal Trade Commission (FTC) competition enforcement for the Internet age. At the top of the list for reform is the clearance process for determining whether the DOJ or FTC review a particular deal.
Garza comments that Capitol Hill staff have assured her that Congress is willing to give her "good government" mission serious consideration, saying the mood in Congress has shifted. "In my discussions with Capitol Hill staff, we've been assured there's no need to obsess over what happened last time. My sense is we shouldn't be defeatist about it," she says. According to Garza, the commission will continue hearings through January and a final report is expected in early spring 2007.