A Case For The Revolving Door
ASPEN -- Federal Trade Commissioner William Kovacic defended a policy some in Washington criticize -- the revolving door between government and the private sector. He spoke at lunch Monday at the Progress and Freedom Foundation's annual Aspen Summit.
Kovacic has served as an antitrust and consumer protection consultant to governments in Armenia, Benin, Egypt, El Salvador, Nepal, Russia, and Vietnam to name a few. He has also sat with European counterparts during his several stints at the FTC from 1979-1983 and again as general counsel for the FTC from 2001-2004. He said main difference in Europe is government bureaucrats remain in their positions throughout their career and do not have the perspective gained from time in the private sector.
"I can't imagine doing the job I do now without representing the other side," Kovacic said. He said it was precisely his work as an attorney trying to get through "the decidedly unreasonable government agencies" that is now a benefit for him as an FTC Commissioner.
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