Here’s the press release. Congratulations to Chairman-to-be Leibowitz.
I also note that this marks the end of Chairman’s Kovacic’s reign at the Commission. On a personal note, I had the pleasure of working for the Chairman during my stint as the FTC Scholar in Residence and consider myself extremely fortunate to have had the opportunity. There is simply nobody that has given as much thought to the question of how competition policy enforcement institutions should be designed to achieve their objectives. Don’t believe me? Read this. I hope one that I believe that the Chairman’s quest to make the Commission the “thinking man’s competition agency” will be viewed as amongst his most important contributions. The FTC at 100 program and self-study, the series of conferences on important competition policy issues ranging from RPM to the appropriate scope and application of Section 5, and the new FTC & Northwestern University Microeconomics Conference are among the projects that have Chairman Kovacic’s signature on them.
Congratulations to Chairman and soon to be Commissioner Kovacic for a job well done.