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29 Antitrust Bull. 1 (1984)

handle is hein.journals/antibull29 and id is 1 raw text is: The Antitrust Bulletin/Spring 1984 Introduction to the morning session BY LAWRENCE J. WHITE* I want to welcome you all to our seminar today on the occasion of the tenth anniversary of the establishment of the Economic Policy Office (EPO) in the Antitrust Division of the Department of Justice. I think it is fitting to begin today's event by describing a memorandum that we were able to fish out of EPO's files. The memorandum is dated July 24, 1973. It is signed by Thomas E. Kauper, Assistant Attorney General, Antitrust Division. At the top it says, Memorandum to all personnel in the Antitrust Division, regarding organization of economic activities. The first and crucial sentence reads, Effective immediately, the Economic Section is renamed the Economic Policy Office. Thus was born the Economic Policy Office in the Antitrust Division and, as most of you know, George Hay was appointed the first Director of EPO. As is obvious even from the sentence itself, the birth of EPO was not the first time that economics had been introduced to the Antitrust Division. I asked Lionel Epstein, an economist in our office, to do some research on the history of economics and economists in the Division. In the process, I learned some history about the Division. It turns out that the Division was not established until 1933. Prior to that time, from 1903 until 1933, the antitrust laws were administered by the Office of the Assis- tant to the Attorney General. Before 1903, the laws were simply . Professor of Economics, New York University. © 1984 by Federal Legal Publications, Inc.

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