Federal Trade Commission Chairman Robert Pitofsky says that divestitures are not the solution to every government antitrust objection.
“The question is whether you can restore the competitive state by bringing in someone else,” the FTC chairman said last month at a conference sponsored by the Association of the Bar of the City of New York and the New York Law Journal, a legal paper affiliated with The National Law Journal. His comments were part of a wide-ranging discussion of proposed divestitures.
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