Indiana professor to take job at Federal Trade Commission as Bureau of Economics director

IU professor Michael R. Baye has been named director of the Federal Trade Commission’s Bureau of Economics.\nBaye has served as an IU professor of business economics in the Kelley School of Business since 1997. In his new position, he will supervise economic analysis at the FTC and advise on economic policy matters.\nThe Bureau of Economics assists the commission in evaluating the economic affect of its antitrust and consumer protection actions. The bureau’s analytical work provides economic advice for enforcement actions, working with the Bureaus of Competition and Consumer Protection.\n“We are fortunate that Michael Baye will take over as bureau director, and I am confident that he will continue this tradition of excellence and provide valuable assistance to the commission in fulfilling its competition and consumer protection mission,” FTC Chairman Deborah Platt Majoras said in a statement.\nBaye is expected to return to Indiana at the conclusion of his appointment.