Richard Parker is “a great lawyer” who commands respect among market commentators for his expansive knowledge of antitrust regulation as well as his work in complex litigation proceedings.
Rich Parker is one of the foremost antitrust lawyers in the United States, frequently called on by companies to save the day at the eleventh hour. As co-chair of the firm’s antitrust and competition practice, he has achieved numerous victories for clients both before enforcement agencies and in the courts. After Rich served as lead trial counsel and negotiated a very favorable settlement for US Airways that resolved the DOJ’s attempt to block the airline’s merger with American Airlines, Global Competition Review recognised him as Litigator of the Week and said, “If O’Melveny & Myers partner Rich Parker wasn’t already the most famous antitrust litigator in America, he probably is now.” Global Competition Review also named the litigation Antitrust Matter of the Year and selected Rich as a finalist for Lawyer of the Year.
Rich is both a trial lawyer and an antitrust regulatory lawyer. He has been involved in many major antitrust representations, including criminal, merger and government civil investigations, as well as class action litigation. He regularly represents clients before the FTC and the Department of Justice antitrust division on mergers, conduct investigations, criminal matters and policy issues.
Rich returned to the firm in February 2001 after three years at the Federal Trade Commission (FTC). During his tenure as director of the Bureau of Competition, he oversaw the investigations of the Exxon-Mobil, BP Amoco/ARCO and AOL/Time Warner mergers. After his return to O'Melveny, Rich led a successful defence, on behalf of Triton Coal, of the Arch Coal/Triton Coal merger against the FTC in federal court.
Rich has been recognised as a “leading lawyer in antitrust” by many publications, including Chambers USA, which lists him in its prestigious Tier 1 ranking in the 2013–2017 editions and has noted that he is “acknowledged by all corners of the market as “a tremendous antitrust lawyer” who can both litigate and handle deals”, Chambers Global, which recognises him as “renowned for being a phenomenal litigator”, the Legal Times, Global Competition Review, The Legal 500 USA, Who's Who Legal: Competition, Best Lawyers in America, Lawdragon and Super Lawyers Magazine, which listed him as one of only three antitrust lawyers on Super Lawyers’ “top 100 Washington, DC lawyers”.
In addition, Rich was nominated for the Chambers USA Award for Excellence in Antitrust; was included in Washingtonian magazine’s biennial “Washington's best lawyers” list in the antitrust category; he was highlighted as one of Law360’s “10 most admired competition attorneys”; and was named to Benchmark Litigation’s prestigious “top 100 trial lawyers in America” list of the nation’s elite trial strategists.