On April 9, 2015, the United States Sentencing Commission (the Commission) voted to recommend changes to its sentencing guidelines in fraud and antitrust cases. According to an official press release, the Commission proposed the changes “to address longstanding concerns that the guidelines do not appropriately account for harm to victims,…
Dr. Thomas Respess III is Principal Economist of Baker McKenzie’s Economics Group in Washington, DC. Prior to joining Baker & McKenzie, he was a senior manager at Pricewaterhouse-Coopers, where he managed the Michigan transfer pricing practice. His projects required intensive analysis of industry structures and firm value chains. He gained extensive experience with APAs, documentation studies, intangible property valuation, tax planning and controversy resolution for automotive and non-automotive clients. Dr. Respess also worked with the Bureau of Competition of the Federal Trade Commission as assistant director for accounting and financial analysis, as senior antitrust economist in the Bureau of Economics, and as economic staff advisor to an FTC Commissioner. His employment history includes working as attorney with Crowell & Moring LLP and Vinson & Elkins LLP, and as an economist with Pennzoil Company and Data Resources, Inc.