IU Professor To Head FTC Economic Bureau
(BLOOMINGTON) - An Indiana University professor has been named director of the Federal Trade Commission’s Bureau of Economics.
Michael Baye is the Bert Elwert Professor of Business Economics in the Kelley School of Business. He is expected to return to IU at the end of his appointment.
The Bureau of Economics assists the commission in evaluating the economic impact of its antitrust and consumer protection actions. The bureau's analytical work provides economic advice for enforcement actions, working closely with the bureaus of competition and consumer protection.
It also studies the effects of legislative options and regulations as part of the advocacy program coordinated by the Office of Policy Planning, and analyzes market issues to create economic reports and recommendations on various markets and industries.
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