Holly Buckley

speaker
187 appearances 9 recordings 1 series first heard Jan 2025 last heard Jun 2025

Holly Buckley’s voice in public audio — every appearance, attributed to the second.

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Hey Scott, thanks as always for having me on. Holly Buckley, I chair the healthcare group at McGuire Woods, spend a fair amount of my time working in private equity transactions as well as general provider advising and transactional work. So a pleasure to be on. And I've been trying to keep my eye on what's happening at the FTC.
It's been a really interesting past few years with Lena Khan at the helm. The FTC has become much more aggressive and some may say activist. And a big focus of many heading into this election was a focus on on Lina Khan and whether she would still be in with a new administration or even if Kamala had won.
And with Trump coming in, Lina Khan is out, and Andrew Ferguson, who is a commissioner at the FTC, is the new head of the FTC. And there's also now a Republican majority on the commission. And so there's a lot of eyes in terms of what's going to be happening as we go forward. And we don't really know yet.
But I think some sources have reported that there's likely to be a continued focus and scrutiny on the dominance of the big tech platforms, which I think is really interesting in light of some of the alliances that Trump's been forging with some of the big tech leaders that may be a connection there.
And it'll be interesting to see how much scrutiny those big tech companies do continue to get from the FTC in light of some of the dynamics in Washington right now.
Yeah, no, I think it is very interesting. And I listened to a podcast the other day. It was a New York Times one. And there was a discussion with Mark Anderson, who was kind of discussing these dynamics and kind of the switch. And it...
He described it much more as something that had happened over time, over kind of the last 10 years with kind of the left and its impact on tech companies and kind of anti-business perspectives and less of an old Trump one. And so now everyone is kind of flip-flopping over.
It was described very differently, but I do think it's an interesting dynamic where you had Silicon Valley, which was a very... um reliably left-leaning constituency and now we are seeing a lot of silicon valley leadership very much um flipping to the right and um very uh vocally and um without any kind of hesitation seemingly, flipping to the right and cozying up with Trump.
I mean, the whole thing is fascinating and is probably the most, I guess, forward flip-flop that we've seen in terms of a group like that.
I mean, I don't think that the non-compete effort is going to be back at the federal level. I think that'll stay with the states. It's my personal belief. I just don't think that it's going to come back at the federal level. And I think that Notwithstanding that, I think there's been a permanent shift of kind of anti-non-compete.
It was already the trend, but I think with the federal effort, it's further kind of weakened non-competes. And I think they will continue to be eroded at the state level, especially for lower income, but also just in general, the employment-based non-compete, I think, will continue to be eroded. I think in terms of AI, we've heard some initial statements from
on the federal level, on the Republican side, that there's going to be less regulation of AI than there would have been under the Biden administration, where I think there was certainly going to be a much stronger effort to have federal regulation. And it was you know, under the guise of national security. But I think there was a much stronger fear of AI on the Democrat side.
And I think on the Republican side, I think we'll see less regulation there. I think on merger and acquisitions, I think we're going to see a move away from the much tougher regulation of M&A. And I think part of the sell for the business community on a Trump administration is the kind of more pro-business, pro-M&A climate that's been promised here.
So I do think we're going to see a rolling back of Lena Khan's agenda on many fronts. I'm probably most curious on the big tech front, just given the initial statements from Andrew Ferguson or not statements, but the source is reporting that Andrew Ferguson was still going to continue the scrutiny on big tech, but such a strong big tech presence in the Trump orbit.
I'm very curious to see what happens there.
Thanks for letting me do that. Next week, we're going to be in Dallas for a healthcare private equity pop-up event on January 29th. Chris Kersey from Havencrest Capital, who's just a fascinating guy, is going to be talking with Tim Fry, my partner, about deal trends and macroeconomic trends for 2025. We still have some space left there. We've got 60 plus folks who are going to be joining us.
The goal of these events is to do a little bit of content, a little bit of discussion, but then really just a heavy focus networking event. And that's in the evening on January 29th next week. We still have some space left. You're welcome to reach out to me on LinkedIn. or email me at hbuckley at mcguirewoods.com if you'd like to attend and I'll get you the registration information.
And then on May 14th and 15th in Chicago, we have our annual healthcare private equity meeting at the Ritz. We're really excited for the agenda. We've really broadened out the agenda this year to have a much heavier focus on pharma services, healthcare tech, as well as our traditional focus on provider services. and kind of deal trends. And so it's going to be a great agenda.
I would love to see your registrations open again. You can email me or just go straight to the registration page on the McGuire Woods website. But it's going to be, I think, our best ever event. So definitely reach out if I can answer any questions.
He was also the former chairman of the board of Johns Hopkins Medicine. So just very accomplished guy. And we were thrilled to get him as a speaker and someone to share thoughts on what's going on. He's a very plugged in, very smart guy. So super excited about that.
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