Lisl Dunlop has more than twenty-five years of experience in antitrust and competition issues, including counseling, litigation, and transactions. Lisl guides clients through the antitrust-related aspects of mergers and acquisitions, joint ventures and other combinations, and sales and distribution matters. She also represents clients in antitrust agency investigations, and has represented major corporations in complex antitrust litigations.
Lisl has significant experience advising leading U.S. and multinational companies in a broad range of industries, including the media, technology, and healthcare sectors. For her healthcare clients, Lisl provides antitrust and strategic advice in evaluating value-based payment initiatives, the establishment and operation of ACOs and independent physician networks, financial and clinical integration issues, and other transactions and collaborations.
Lisl began her career in Australia, and in addition to the U.S. has also practiced in the UK. Her wide-ranging international experience includes appearing before U.S. federal and state antitrust enforcement agencies, the European Commission, and UK and Australian antitrust authorities. Additionally, she has coordinated the multijurisdictional defense of transactions throughout the world. Lisl’s experience in competition matters in a broad range of jurisdictions brings added value to clients that conduct business internationally and interact with different legal systems and regulators.
Regularly recognized as an antitrust leader, Lisl has been ranked in Chambers USA, Legal 500, Who’s Who Legal, and Global Competition Review and is a frequent author and speaker on issues involving antitrust and competition law.
Professional Activities
- New York State Bar Association Antitrust Section – Chair (2016); Executive Committee member
- American Bar Association Section of Antitrust Law – Competition Standards Task Force (2019-20)
- American Health Lawyers Association, Antitrust Practice Group—Member
- Law360 Competition Editorial Advisory Board (2019)
Experience
- Represented Textron Inc. in pilot training joint venture with FlightSafety Inc.
- Represented Peter Adderton and Boost International in opposing the Sprint/T-Mobile merger
- Authored amicus brief for Nashville Songwriters’ Association International in United States v. Broadcast Music, Inc., Second Circuit, 2017
- Defended Kaiser Foundation Health Plan and Kaiser Foundation Hospitals in NorthBay Healthcare Group, Inc. v. Kaiser Foundation Health Plan, Inc. in the Northern District of California
- Represented Mount Sinai in its acquisition of South Nassau Community Hospital
- Represented Stamps.com in its acquisitions of Endicia and MetaPack
- Represented Mann+Hummel in its acquisitions of Affinia and Tri-Dim
- Represented Hetero in the sale of Invagen to Cipla
- Represented Lutheran Medical Center in its acquisition by NYU/Langone
- Represented Textron/Cessna in its acquisition of Beechcraft
- Represented Ardagh Group in its acquisition of Saint Gobain Containers
* Includes matters handled prior to joining Axinn
Honors
- Chambers USA – New York: Antitrust (2010 – 2020)
- Crain's New York Business – Notable Women in Law (2020)
- Best Lawyers in America (2020)
- Legal 500 U.S. (2012-2014)
- Named a top author in JD Supra's Readers' Choice Awards (2017-2018)
- Who's Who Legal: Competition
- Super Lawyers – New York Metro (2011-2018)
News
- Axinn’s Antitrust Practice Nationally Ranked by The Legal 500 United States for 2020
- Chambers USA 2020 Recognizes Axinn Lawyers and Practice Groups
- Axinn Partner Lisl Dunlop Named to Crain's New York Business 2020 List of Notable Women in Law
- Axinn Partners Named to Best Lawyers 2020
- Axinn Representing Tufts Health Care in Harvard Pilgrim Health Care Merger
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Thought Leadership
- Who’s Who Legal – Thought Leaders Competition, Who’s Who Legal, December 2019
- Judge Moves Aetna/CVS Deal Into Unchartered Tunney Act Waters, Bloomberg Law, June 4, 2019
- Navigating Vertical Mergers in Healthcare Through a Shifting Enforcement Landscape, Competition Policy International, May 7, 2019
- The Capitol Forum Thought Leaders Series, April 25, 2019
Co-author, New York Attorney General's Cartel Bust Is Just the Beginning, Crain’s New York Business, June 18, 2018
Co-author, Net Neutrality: From Rules to Enforcement, Electronic Retailing Association, December 20, 2017
Certificates of Public Advantage: Bypassing the FTC in Healthcare Mergers? Competition, Vol 27, No. 1, Winter 2017-2018
Co-author, When A Firm Is "Failing": CentraCare Vs. Energy Solutions, Law360 Expert Analysis, August 25, 2017
Why Amazon's Whole Foods Buy Is Likely to Be Cleared, Law360, June 27, 2017
Co-author, Merger Control in the United States: Overview, Practical Law, Thomson Reuters, June 1, 2017
Geographic Market Definition in Hospital Merger Antitrust Enforcement, New York Law Journal, January 23, 2017
Co-author, Restraints of Trade and Dominance in the United States: Overview, Practical Law, Thomson Reuters, June 1, 2016
Co-author, Merger Control in the United States: Overview, Practical Law, Thomson Reuters, June 1, 2016
Co-author, Merger Control in the United States: Overview, Practical Law, Thomson Reuters, September 1, 2015
Restraints of Trade and Dominance in the United States: Overview, Practical Law, Thomson Reuters, September 1, 2015
Co-author, FTC's Use of "Disgorgement" Poses New Risks for Healthcare Industry, Modern Healthcare, August 24, 2015
Messages in A Bottle: Defense Perspectives from the Ardagh/Saint Gobain Case (with Heather Kafele), The Threshold, Summer 2014
Allocating Antitrust Risk in M&A Agreements (with Dale Collins), CPI Antitrust Chronicle, April 2013
The FTC Is Shifting Gears on Monetary Remedies: Should You Be Worried? The Antitrust Counselor, Vol. 6.4, October 2012
Mergers and Acquisitions, 2008 Annual Review of Antitrust Law Developments, ABA 2009
The Many Faces of Administrative Adjudication in the European Union (with Michael Asimow), 61 Admin. L. Rev. 131 (2009)
Mergers and Acquisitions, 2007 Annual Review of Antitrust Law Developments, ABA 2008
Administrative Law of the European Union: Adjudication (with Michael Asimow), in Administrative Law of the European Union, Berman, Koch and O’Reilly, eds., ABA 2008
Events
- ABA 2020 ILS Virtual Annual Meeting
- Key Antitrust Issues in the Healthcare Industry
- PLI's 2019 Antitrust Counseling & Compliance Program
- Practical Antitrust Perspectives From Government Enforcers
- 2019 Centerforce Women, Diversity & Change Summit - San Francisco
- Global Antitrust Practice in the 2020s: Lessons From Europe and the United States, Including Cartel Defense Strategy, Platform Markets, and More
- PLI's 2019 Developments in Antitrust Law & Regulation Program
- ABA 67th Annual Section of Antitrust Law Spring Meeting
- NYSBA Antitrust Expert Training Academy
- ABA 4th Annual Antitrust Merger Practice Workshop
- 2018 Retail Law Conference
- 2018 Credit Suisse Health Insurance Symposium
- ABA and AHLA Antitrust in Healthcare Conference
- DSRIP Antitrust Considerations: The Case for a COPA
- 2017 PLI Antitrust Counseling & Compliance Conference
- Mapping the Healthcare M&A Landscape Under the New Administration
- Recent Developments in Health Care and Pharmaceuticals
- 2017 National Association of Women Lawyers' Mid-Year Meeting
- When Competition Concerns Arise in Health Systems Combinations: Litigation Versus Regulation
- Introduction to Antitrust Basics
- 2016 PLI Antitrust Counseling & Compliance Conference
- Antitrust Cases Involving Financial Benchmarks: Issues of Conspiracy and Standing
- Key Legal Issues in U.S. Mergers and Acquisitions for European Lawyers
- Electrical Products Group Conference
- State Action Issues in the Wake of the North Carolina Dental Board Decision
- 2016 PLI Antitrust Institute Developments & Hot Topics Conference
- 2015 PLI Antitrust Counseling & Compliance Conference
- 2015 ABA Section of International Law Asia Forum
- Successful Transactions – What In-House Counsel Expect from Their M&A and Antitrust Attorneys
- 2013 NYSBA Antitrust Section Annual Meeting
- 2013 PLI Antitrust Counseling & Compliance Conference
- GCR Live 2nd Annual Antitrust Law Leaders Forum
- 2012 ABA Section of Antitrust Law Spring Meeting
- Women in Financial Services
- 2012 NYSBA Antitrust Section Annual Meeting
- Antitrust in Latin America – What’s Going On?
- Premerger Information Exchange
- 2011 ABA Section of Antitrust Law Spring Meeting
- Antitrust Litigation Forum
- 2010 ABA Section of Antitrust Law Spring Meeting
- Mergers from Strategy to Hearing: Part 2 – Pre-Merger Filings
- Meet the Economist Enforcers II: A Dialogue with Christian Ewald of the Bundeskartellamt and Amelia Fletcher of the UK OFT
- 2007 ABA Section of Antitrust Law Spring Meeting
- 2006 ABA Section of Antitrust Law and New York City Bar Conference
- 2005 ABA Section of Administrative Law Midyear Meeting
Education
- LLM – Cornell University Law School (1997)
- LLB – University of Sydney (1991)
- BSc – University of Sydney (1991)
Admissions
- New York
- District of Columbia
- Australia
- England and Wales
Spotlight
"Lisl Dunlop wins commendations from peers across North America who consider her a go-to figure in the market for antitrust-related litigation and transactional matters."
– Who's Who Legal 2019