Media Mentions
2008
Joseph F. Winterscheid was quoted on May 28 in Competition Law360 regarding China’s new anti-monopoly law, questioning how China’s hybrid economy will affect the new antitrust law. "Applying free market competition, capital market type rules, and overlaying that on the Chinese economy gives rise to heightened uncertainty. It’s going to be very important to see how much independence the Chinese competition authority has," he said. The transition period will require companies to ramp up their attention to local issues and to build relationships with local experts. "You have to take into account local nuance. You have to have your eye on the global view, but in execution, in tactics, you need to be sensitive to the local. It's going to be critically important for firms to be guided by local experts that are up to the minute on enforcement developments and local customs," he said.
Joseph F. Winterscheid, Antitrust & Competition, International Antitrust & Competition
2007
Joseph Winterscheid was quoted in Global Competition Review on January 4, 2007 in an overview of the U.S. Justice Department Antitrust Division 2006 activity. In 2006, the department obtained criminal fines totaling $473 million - up 40 per cent from the previous year. Joe notes that the division's leadership is being more active on non-criminal policy issues, including international convergence, Supreme Court amicus submissions, and examining dominant firm conduct rules.
Joseph F. Winterscheid, Antitrust & Competition
2006
Joseph Winterscheid was quoted in Global Competition Review on December 5 regarding the Bank of New York's $16.5 billion acquisition of Mellon Financial. If approved, this would create the world's largest securities company. "This is one of those instances where big is not necessarily bad for antitrust purposes," says Mr. Winterscheid. "The two firms' banking operations are largely complementary, and their trust and asset management business will continue to face competition from a number of formidable players."
Joseph F. Winterscheid, Antitrust & Competition
Joseph Winterscheid was quoted by Global Competition Review on March 17 regarding the U.S. Supreme Court decision that allows companies running joint ventures to set prices without infringing antitrust laws. "Had the court of appeals' decision been allowed to stand, it would have paralyzed joint venture activity in the United States," commented Mr. Winterscheid.
Joseph F. Winterscheid, Antitrust & Competition
Joseph Winterscheid was quoted by Global Competition Review on March 17 in regard to the U.S. Supreme Court's decision that limits the scope for bringing antitrust suits against patent holders. "It's evident that this time court was guided by the U.S. antitrust agencies' current enforcement policies and legislative developments in the area of patent misuse," he commented.
Joseph F. Winterscheid, Antitrust & Competition
2004
Joseph Winterscheid was quoted in the November 1 issue of Global Competition Review in regard to the impact the presidential election will have on antitrust regulation. "Election outcomes continue to be relevant, but much less so than in decades past. A change in administration is unlikely to bring about any sea change — any changes will indeed be at the margins. The 'swinging pendulum' analogy was apt 20 years ago, but now it's more akin to changing watch batteries — you may notice some difference in performance of the second-hand, but it won't be profound," commented Mr. Winterscheid.
Joseph F. Winterscheid, Antitrust & Competition, Government Strategies
