About the Agency
These positions are located in the Bureau of Economics (BE) of the Federal Trade Commission (FTC). The Bureau of Economics provides economic analysis in support of antitrust and consumer protection investigations and rulemakings; advises the Commission and other government entities on the impact of government regulation on competition; and analyzes the impacts of various economic phenomena on competition, consumer protection, and consumer welfare. The Antitrust Divisions are generally responsible for formulating and implementing major antitrust policies within the Bureau, and serve as a primary Bureau focus for assigned antitrust and competition cases and services.
The Assistant Director is a key member of the Bureau’s management team, and is delegated to act for the Bureau’s Director and Deputy Director for Antitrust in interpreting and carrying out the Commission’s objectives across a broad spectrum of economic issues relevant to maintaining competition. The Assistant Director devises and implements policies to advance the Commission’s maintaining competition objectives, and manages the economic component of the full range of antitrust and competition law enforcement activities, economic research, and (occasionally) consumer protection issues assigned to the Division. Many of the economic issues confronted by antitrust and competition policy have not been addressed by prior economic research. As a result, Bureau economists often must blaze a trail for others to follow. In carrying out his or her duties, the Assistant Director reviews policy recommendations that affect Division, Bureau, and Agency missions; considers political, social, economic, technical, and administrative factors that may potentially impact recommended policies; and formally recommends actions to the Commission.
The incumbent ensures that the Division provides high quality economic analysis to the Commission, Congress, and the public. The incumbent formulates goals and objectives for antitrust law enforcement investigations; determines the resources to be used in support of these investigations; reviews the staff analysis of antitrust investigations, especially those considered important or precedent-setting; assists the Bureau’s efforts to identify and analyze business practices that may lead to consumer harm; formulates appropriate remedies for such practices; and proposes changes to existing laws that would promote competition and consumer welfare.
The Assistant Director is a key provider of advice to the Commission on broad questions of antitrust policy, such as evaluation of potentially anticompetitive business practices and conduct, and evaluation of policies to remedy the effects of those practices. The incumbent leads, supervises, and occasionally conducts economic and econometric analyses in support of agency investigations and litigation. The incumbent also plays a leading role in selecting expert witnesses employed by the Commission in support of its litigation efforts, and in preparing those witnesses for trial, including the careful evaluation of the economic and statistical analyses offered by those witnesses in support of their testimony and conclusions. Additionally, the incumbent also plays a leading role in evaluating and critiquing the testimony, and supporting economic and statistical analysis, presented by respondents’ economic experts. The incumbent also is a leading contributor to the design and implementation of remedies imposed by the Commission to alleviate conduct and practices that harm competition and consumer welfare. This work has far-reaching implications for the preservation of the free enterprise system.
The incumbent evaluates proposed economic studies and competition advocacy projects, and ultimately is responsible for ensuring that the final economic analyses are economically sound, empirically based, and consistent with the Commission’s maintaining competition mission and policies. During the course of most assignments, the incumbent collaborates with the staff economists, research analysts, staff attorneys, and supervising attorneys assigned to the case. The incumbent has primary responsibility for developing or overseeing the development of the economic theories used to guide antitrust investigations, designing the investigative strategy to be followed, determining the type and quantity of economic evidence necessary for evaluating the candidate theories of competitive harm, and for selecting and evaluating various information sources.