Our Curious Amalgam

In 2006, various parties came together to form Brazil's Amazon Soy Moratorium in an effort to curb illegal deforestation in the Amazon Rainforest. Today, challenges regarding Brazil's Soy Moratorium continue to mount, with passionate advocacy from farmers, environmentalists, government agencies, and international organizations. What might seem a cut-and-dry conflict between free enterprise and environmental conservation becomes more complicated when we delve deeper. With an antitrust cartel investigation in limbo, a pseudo-private agreement to arguably higher deforestation standards than those instituted by the government, and international observers on the scene, including customers and climate activists, the facts surrounding Brazil's Soy Moratorium are ripe for unpacking. Our guest today is antitrust attorney Eduardo Frade, who joins Barry Nigro and Anora Wang to discuss Brazil's Soy Moratorium and the various antitrust and competition questions it raises. With special guest: Eduardo Frade, Partner, Mattos Filho Related Links: General Superintendence of the Administrative Council for Economic Defence (CADE) decides to adopt preventive measures to suspend the Soy Moratorium Hosted by: Barry Nigro, Fried Frank and Anora Wang, Arnold & Porter

The past few years have been a critical time in the development of data privacy laws and the regulation of AI in the United States. As we look toward 2026, the complexities are only increasing. In this episode, the Antitrust Law Section's Privacy and Information Security (PRIS) Committee joins forces with OCA to focus on the highlights of 2025 and predictions for 2026. Hosts Alicia Downey and Anora Wang talk to PRIS Committee vice chairs Jessica Cohen of Verizon Communications and Alex Brown of Alston & Bird about why the next 12 months could redefine how AI and data privacy are regulated at the federal and state levels. In addition, listeners will hear from Jessica about being a mother of five, and get an update on Walter, a beauty pageant-winning dog, who was just a puppy when Alex was a featured guest on OCA Episode #89 back in 2020. With special guests: Jessica Cohen, Senior Counsel, Regulatory Affairs, AI, Cybersecurity & Privacy, Verizon Communications and Alexander G. Brown, Partner, Alston & Bird LLP Related Links: Kathleen Benway, Alexander G. Brown, Maki DePalo, Jennifer C. Everett, Graham Gardner & Hyun Jai Oh, "Flurry of FTC Activity Shows Enforcement Emphasis on Youth Protection," 12 PRATT'S PRIVACY &CYBERSECURITY LAW REPORT 8 (LexisNexis A.S. Pratt 2026) Alexander G. Brown & Katherine Doty Hanniford, "First 100 Days – Federal Privacy and Cybersecurity Regulation and Enforcement Under the Second Trump Administration," Alston & Bird Advisory (May 8, 2025) Our Curious Amalgam, Episode #89 What's the Deal with Data Portability? Understanding the Competition and Privacy Aspects Surrounding the Movement of Data, November 30, 2020, featuring Alex Brown Hosted by: Alicia Downey, Downey Law and Anora Wang, Arnold & Porter

The UK merger control regime is undergoing procedural and substantive changes. What is happening and what should practicioners know? John Schmidt, solicitor at Arnold & Porter in London, joins Matthew Hall and Jaclyn Phillips to discuss the changes introduced by the UK Competition and Markets Authority's (CMA) and the UK government. Listen to this episode to learn more about new CMA jurisdictional and procedural guidance, a strategic reform of UK merger remedies and institutional changes to phase 2 merger reviews. With special guest: John Schmidt, partner, Arnold & Porter Related Links: Arnold & Porter, UK Merger Review Reform: From Merger Mystery To Remedy Rodeo (17 November 2025) UK CMA, Merger remedies (19 December 2025) UK CMA, Mergers: Guidance on the CMA's jurisdiction and procedure (19 December 2025) UK government press release, Growth placed at the heart of regulators' remit alongside new measures to boost scrutiny and transparency (21 October 2025) Hosted by: Matthew Hall, McGuireWoods and Jaclyn Phillips, Proskauer Rose

Blockchain and cryptocurrency promised to decentralize modern financial markets to take market power away from centralized financial intermediaries. But have they lived up to this promise? Hanna Halaburda, Associate Professor of Technology, Operations, and Statistics at NYU, joins Panos Dimitrellos and Christina Ma, to break down the layers of blockchain and the competitive forces and dynamics in these markets. Listen to this episode to learn more about the intersection of blockchain, crypto and antitrust. With special guest: Hanna Halaburda, Associate Professor of Technology, Operations, and Statistics, NYU Stern Related Links: Hanna Halaburda Articles and Research Hosted by: Christina Ma, Wachtell, Lipton, Rosen & Katz and Panos Dimitrellos, Secretariat Economists

Billions have been claimed under the UK competition law opt-out collective actions regime since its introduction in 2015. What issues are faced by class members, class representatives and defendants? Jeremy Robinson, solicitor at Harcus Parker in London, joins Matthew Hall to discuss the regime. Listen to this episode to learn more about how it is structured, funding issues, the first damages award and the UK government's call for evidence on its operation. With special guest: Jeremy Robinson, partner, Harcus Parker Related Links: Harcus Parker, The future of the UK's competition collective actions regime, 15 October 2025 Harcus Parker, The CJC Review of Litigation Funding, 13 June 2025 UK Department for Business & Trade, Opt-out collective actions regime review: call for evidence, 6 August 2025 UK Competition Appeal Tribunal judgment, Kent v Apple, 23 October 2025 Hosted by: Matthew Hall, McGuireWoods

Computational methods are increasingly used by competition law regulators worldwide. But what are these and can companies also take advantage? Todd Davies, PhD candidate in competition law at University College London, joins Matthew Hall and Anora Wang to discuss the issues raised by the use of computational antitrust. Listen to this episode to learn more about the pros and cons of adoption by regulators, new tools available to companies, possible responses by regulators and key takeaways for practitioners and companies. With special guest: Todd Davies, University College London Related Links: Todd Davies, The Dark Side of Computational Antitrust: When AI is Used to Evade the Law, Kluwer Competition Law Blog (October 28, 2025) Thibault Schrepel, Computational Antitrust: An Introduction and Research Agenda (January 15, 2021) Thibault Schrepel and Teodora Groza, Computational Antitrust Worldwide: Fourth Cross-Agency Report (June 18, 2025) Hosted by: Matthew Hall, McGuireWoods and Anora Wang, Arnold & Porter

GenAI is one of the fastest-growing consumer tools in history. But what have we learned about competitive dynamics in the industry? Economists Andrea Asoni and Matteo Foschi join Jaclyn Phillips and Lexi Michaud to discuss what early economic insights can help us understand about the risks and benefits posed by the growth of AI. Listen to this episode to learn more about how the development of AI impacts market development. With special guests:Andrea Asoni, Vice President, Charles River Associates and Matteo Foschi, Vice President, Charles River Associates Related Links: Contested ground: Early competition and market dynamics in generative AI Hosted by: Jaclyn Phillips, Proskauer Rose and Lexi Michaud, Fried Frank

As pay transparency laws rapidly expand across U.S. jurisdictions, companies are facing complex intersections between labor law, antitrust compliance, and pay-equity analytics. Where are the high risk areas? Ye Zhang, a labor economist and director at Resolution Economics, joins Anora Wang and Alicia Downey to unpack how state law disclosure mandates interact with competitive dynamics in labor markets, when pay benchmarking can cross antitrust lines, and how firms can design compensation systems that are both transparent and compliant. With special guest: Ye Zhang, Director, Resolution Economics   Related Links: U.S. Dep't of Justice & Federal Trade Commission, FTC-DOJ Antitrust Guidelines for Business Activities Affecting Workers (Jan. 2025) Hosted by: Anora Wang, Arnold & Porter and Alicia Downey, Downey Law

Every trial tells a story — but what happens when the storyteller becomes the judge? The honorable Judge Richard Franklin Boulware II speaks with Anora Wang and Jeny Maier on his remarkable journey from public defender to federal judge, lessons on persuasion, fairness, and the fine art of trial craft, and what it really means to keep score in the pursuit of justice. Along the way, we'll talk about competition on the field and in the courtroom, the evolving role of lawyers in upholding trust in the judiciary, and how the legal profession can help protect the judiciary from rising threats. With special guest: Judge Richard Franklin Boulware II, United States District Court for the District of Nevada Related Links: Le et al v. Zuffa, LLC, No. 2:2015cv01045 - Document 839 (D. Nev. 2023) Hosted by: Anora Wang, Arnold & Porter and Jeny Maier, Axinn, Veltrop & Harkrider

The HSR rules got a major update in February 2025, shaking up the landscape for dealmakers. How have those updated rules played out in practice? In this episode, Zachary Goodwin of Ropes & Gray discusses with Amanda Hamilton and Puja Patel the challenges and lessons learned thus far from navigating the updated rules. With special guest: Zak Goodwin, Partner, Ropes & Gray Hosted by: Amanda Hamilton, NexArc Strategies and Puja Patel, Cleary Gottlieb Steen & Hamilton

Ukraine's antitrust/competition law regime remains in place despite Russia's invasion. How are the rules enforced and what changes can we expect? Timur Bondaryev, a leading Ukrainian lawyer, joins Matthew Hall and Anora Wang to discuss merger control and antitrust/competition law enforcement and practice in Ukraine as well as the proposed introduction of foreign direct investment (FDI) control. Listen to this episode to learn more about the past, present and future of the rules in this important jurisdiction. With special guest: Timur Bondaryev, Senior Partner, Arzinger Related Links: Ukraine: Antitrust Enforcement in Challenging Times, Concurrences (November 2023) Merger control in Ukraine: positive developments for global deals despite wartime challenges, Competition Law International (June 2025) Hosted by: Matthew Hall, McGuireWoods and Anora Wang, Arnold & Porter

Antitrust enforcers have grown increasingly skeptical of merger remedies over time, but their approach varies with each administration. Where do antitrust enforcers in the second Trump administration stand on merger remedies? Adam Di Vincenzo, an antitrust deal lawyer, joins Amanda Hamilton and Jaclyn Phillips to discuss these shifts and offers practical advice for proposing merger remedies given the current landscape. Listen for insights on recent merger settlements and best practices for proposing merger remedies. With special guest: Adam Di Vincenzo, Partner, Milbank LLP Hosted by: Amanda Hamilton, NexArc Strategies and Jaclyn Phillips, Proskauer Rose

The concept of intent is usually considered of little relevance to EU competition law enforcement and practice. But is that the reality and should this change? Maya-Salomé Garnier, lecturer at Aix-Marseille University, joins Matthew Hall and Alysha Pannu to discuss her book "Intent in Competition Law", which is the published version of her 2023 PhD thesis. Listen to this episode to learn more about the real role of intent in competition law and how an understanding of this can be used in practice. With special guest: Maya-Salomé Garnier, Maître de conférences en droit privé et sciences criminelles, Aix-Marseille Université, France Related Links: Intent in Competition Law, Maya-Salomé Garnier (Concurrences, 2025) Hosted by: Matthew Hall, McGuireWoods and Alysha Pannu, Osler Hoskin & Harcourt

Reverse acquihires are turning traditional merger dynamics on their head, raising fresh questions for dealmakers and regulators alike. But what exactly are the antitrust and HSR implications when talent, not technology or assets, drives the transaction? Sam Weinstein, Professor of Law at the Benjamin N. Cardozo School of Law, joins hosts Lexi Michaud and Anant Raut to unpack how reverse acquihires fit within existing merger frameworks, what, if anything, triggers reporting obligations, and where enforcement agencies may focus next. Listen to this episode to learn more about how shifting deal structures are testing the boundaries of antitrust review and compliance. With special guest: Sam Weinstein, Professor of Law at the Benjamin N. Cardozo School of Law and Faculty Co-Director of the Heyman Center on Corporate Governance Related Links: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5316792 Hosted by: Lexi Michaud, Fried Frank and Anant Raut

Privacy litigation in the U.S. is at an all-time high owing in part to the growing body of privacy laws, particularly at the state level. But are there unique challenges associated with litigating privacy breaches? Dr. Andrew Stiver joins Jaclyn Phillips and Alysha Pannu to discuss privacy harms and how economic harm is measured for these harms. Listen to this episode if you want to learn more about how privacy harms are quantified in the context of litigation. With special guest: Dr. Andrew Stivers, Managing Director, NERA Hosted by: Jaclyn Phillips, White & Case and Alysha Pannu, Osler Hoskin & Harcourt

In recent years, retail mergers have gotten more attention as consumers have grown more concerned with consolidation and how that impacts their pocketbooks. While antitrust enforcers scrutinize all retail mergers, not all have gotten a deeper look. How do enforcers decide which retail deals require deeper scrutiny? Emily Blackburn, Counsel at King & Spalding, and Laura Onken, Counsel at Axinn discusses their observations and insights on how enforcers analyze retail deals with Amanda Hamilton and Anora Wang. Listen to this episode to learn about how enforcers evaluate market definition and divestitures in retail mergers. With special guests: Emily Blackburn, Counsel, King & Spalding LLP and Laura Onken, Counsel, Axinn, Veltrop & Harkrider LLP Hosted by: Amanda Hamilton, NexArc Strategies and Anora Wang, Arnold & Porter

The Noerr-Pennington doctrine is rooted in the First Amendment, and exempts certain activities involving petitioning the government from the normal rules of antitrust enforcement. But where do we draw the line on what activity is and is not protected? Abraham Chang, partner at Norton Rose Fulbright, joins Derek Jackson and Sergei Zaslavsky to discuss the Noerr-Pennington doctrine's roots, its limits, and how it gets applied (and sometimes litigated) in practice. Listen to this episode to learn more about this important, but perhaps less well understood, doctrine. With special guest: Abraham Chang, Partner, Norton Rose Fulbright LLP Hosted by: Derek Jackson, Cohen & Gresser and Sergei Zaslavsky, O'Melveny & Myers

State attorneys general are playing an increasingly important role in investigating and challenging antitrust violations that affect their constituents. In this episode, co-hosts James Hunsberger and Alicia Downey find out what the National Association of Attorneys General's Multistate Antitrust Task Force has been up to under the leadership of Task Force Chair Elizabeth Odette of the Office of the Attorney General of Minnesota. Listen and learn how the Task Force has been helping states save resources and improve outcomes by coordinating their antitrust efforts and priorities. With special guest: Elizabeth Odette, Assistant Attorney General, Office of the Minnesota Attorney General, Antitrust Division Related Links: NAAG Multistate Task Force website Hosted by: James Hunsberger, Axinn, Veltrop & Harkrider and Alicia Downey, Downey Law

August marks the beginning of a new ABA Antitrust Law Section year under the leadership of a new Chair. In this episode, co-hosts Anora Wang and Alicia Downey talk with Sullivan & Cromwell partner Renata Hesse, a longtime Section leader whose term as Chair began in August 2025. Our other featured guest is Renata's colleague Dan Richardson, who supports Renata as Counsel to the Chair. Listen to this episode to hear about Renata's priorities and goals for the 2025-26 year, and her commitment to ensuring that the Section serves as a forum for open dialogue and civil debates. With special guests: Renata B. Hesse, Sullivan & Cromwell LLP and Daniel J. Richardson, Sullivan & Cromwell LLP Hosted by: Anora Wang, Arnold & Porter Kaye Scholer LLP and Alicia Downey, Downey Law LLC

Antitrust lawyers by day, rock stars by night. Who are the members of Side Hustle, the Antitrust Law Section's unofficial house band? They include prominent members of the antitrust law community, with more than a century of combined experience working in government, private practice, and academia. In this episode we'll learn what has kept Side Hustle rocking on for the past several years and why the members can't wait to play at the 2026 Spring Meeting. With special guests: Daniel Francis, Associate Professor of Law, NYU Law School D. Bruce Hoffman, Partner, Cleary Gottlieb Steen & Hamilton LLP Jay Jurata, Partner, Dechert LLP Tara Koslov, Former Deputy Director, Bureau of Competition, Federal Trade Commission; Independent Professional Coach Anna Rathbun, Partner, Latham & Watkins LLP Michael Weeldreyer, Senior Manager, Converged Surface Systems | Weapons | Unmanned Integration, Lockheed Martin Related Links: Side Hustle official website Hosted by: Alicia Downey, Downey Law LLC and Subrata Bhattacharjee, Borden Ladner Gervais LLP