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DOJ’s N.Y. Office Not Feared By Private Equity Firms

Law360 (October 16, 2006, 12:00 AM EDT) -- While the federal probe into anti-competitive behavior in the private equity industry has ruffled feathers at some firms, the fact that the Department of Justice’s New York office is leading the charge has many breathing a sigh of relief.

Several anonymous sources told the Financial Times that the New York arm of the DOJ’s antitrust division is not feared as much as other branches or other regulators.

“The New York antitrust office is viewed as something of a backwater that never really does anything,” a defense...
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