The American Antitrust Institute (AAI) participated in the third roundtable discussion on antitrust and regulation held by the Antitrust Division of the U.S. Department of Justice (DOJ) today. In comments filed in connection with the roundtable, AAI suggested four principles to guide DOJ’s advocacy in the area of “anticompetitive regulations,” which was the focus of the third session.
First, DOJ should exercise “competition humility” and recognize that regulation may legitimately promote other values that may conflict with competition. Second, regulation itself may be necessary to promote competition. Third, deregulation requires vigorous antitrust enforcement. And fourth, DOJ should give priority in its amicus filings to shaping antitrust exemptions and should step up its advocacy before federal regulatory agencies.
AAI also participated in and submitted comments in connection with the two previous roundtables in the DOJ’s series of roundtables on antitrust and regulation.