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WASHINGTON (Reuters) - The antitrust chief at the U.S. Federal Trade Commission is leaving after a 2-1/2 year period that saw the agency open a formal investigation into Intel Corp and try to stop the merger of two organic grocery chains. Jeffrey Schmidt, the director of the FTC's Bureau of Competition, is joining law firm Linklaters LLP in New York as an antitrust partner, it was announced on Thursday. David Wales has been named acting director of the bureau, said a statement by the FTC, which shares antitrust enforcement with the U.S. Justice Department. Wales has been serving as a deputy director. Schmidt, in a statement issued by Linklaters, said it was "the right time for me to return to private practice." His departure comes ahead of the U.S. presidential election in November. It is not unusual for senior federal... [read full story]
