Penny Newman
Penny Newman is a U.S. qualified lawyer and has practiced U.S. and EU antitrust law for more than 20 years. She was the Head of Global Antitrust at the international media conglomerate, Bertelsmann, which is headquartered in Germany, where she provided antitrust counseling and compliance services for over 15 years. She advises senior executives on regulatory compliance issues in the U.S., the EU and numerous countries around the world. She has designed and drafted the compliance policies and programs for many businesses, worked directly with corporate parent companies, their compliance and legal departments and their operating divisions to ensure implementation and provided hundreds of hours of live training.
Her career highlights include:
- Representing the world’s largest book publishing company Random House (RH) in the E-Book antitrust investigations (both EU and U.S.) involving five other major publishers and Apple.
- Representing RH in obtaining regulatory clearance for the joint venture between the two largest book publishers in the world, RH and Penguin, in the EU, U.S. (2nd request), and many other jurisdictions.
- Representing recorded music company BMG in obtaining regulatory clearance for the SonyBMG joint venture in the EU (Phase II), U.S. (2nd request) and other jurisdictions (a 5-to 4 merger).
- Representing Bertelsmann’s subsidiaries, Arvato and Gruner+Jahr in EU clearance of high volume printing joint venture, successfully averting Member State referral request.
- Drafting written antitrust compliance policies and programmes for all Bertelsmann businesses, executives and sales staff.
- Providing live antitrust compliance training for all Bertelsmann businesses worldwide including the Bertelsmann Executive Board, boards of all divisions as well as legal and sales teams.
Ms. Newman has broad experience in U.S. and state enforcement. She advised the Attorney General of Missouri on a wide range of state and U.S. antitrust and consumer protection issues and successfully prosecuted numerous antitrust cases with other states, the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC). She was cross-designated to the DOJ to investigate and prosecute federal criminal antitrust cases.
She also has participated in an UNCTAD training program for members of the Zimbabwean competition authority and judiciary and participated in a workshop for judges of the PRC Supreme People’s Court, involving three former members of the EU Court of First Instance, leading advocates and academics. She has spoken at numerous international conferences.