Update

[rlande@UBmail.ubalt.edu]

     The American Antitrust Institute has posted its 40-page report on the
federal antitrust budget. Titled "The Federal Antitrust Commitment: Providing
Resources to Meet the Challenge," it provides a review of the FTC and DOJ
finances and staffing since 1970 and argues for a significant increase in
spending. The report was released by AAI President Bert Foer at a press
conference with Senators Dorgan and Feingold yesterday.

      The President has proposed relatively strong increases
for both agencies. The Senate Budget Committee just cut out the DOJ increase.
Senator Dorgan is about to introduce a sense of the Senate resolution to
restore this money. The AAI, along with 17 other organizations, has sent
letters to the Senate endorsing increased antitrust spending. The letter is
also posted on the AAI's website.

     The AAI announced four new members of its Advisory Board: attorneys
Joseph Kohn and Robert Skitol, Brookings Institution economics head Robert
Litan, and law professor Lawrence Sullivan.
 
      The AAI site is www.antitrustinstitute.org  .