On July 21, Partners Ann O’Leary, Joshua Riley, and Jeremy M. Creelan presented a CLE program at a private dinner hosted by TechGC in San Francisco. TechGC is an independent, invitation-only community for general counsels of leading venture capital funds and technology companies. The program began with a short presentation followed by a guided conversation where attendees discussed how state and federal regulators are pursuing enforcement and investigations with increasing aggression and sophistication and the challenges companies of all sizes and sectors face. Drawing on their experience in government and with numerous enforcement agencies and regulators, the presenters offered their policy and rulemaking predictions that legislative/regulatory bodies may implement prior to the midterms. They also advised tech companies on how to best address regulatory challenges and proactively avoid issues before they arise.
For additional information, please read our recent client alert on Executive Order 14036, “Promoting Competition in the American Economy,” that President Biden signed on July 9. The sweeping competition EO, coupled with six competition bills advanced by a bipartisan vote of the House Judiciary Committee in June, signals a sustained focus on competition policy from both the White House and Congress.