D. Bruce Hoffman has been named acting director of the Federal Trade Commission's Bureau of Competition.

Hoffman will join the agency Aug. 17. He succeeds Tad Lipsky, who retired July 3.

Hoffman is currently a partner at Shearman & Sterling, where she has been global co-head of the antitrust group.

“Bruce brings tremendous qualifications to his new role as acting director of the Bureau of Competition, and I am thrilled he will be joining us in August,” Ohlhausen said.

Ir will be a homecoming for Hoffman, who is former deputy director of the bureau.

"My priorities as acting chairman are to ensure the FTC protects competition and promotes free-market principles, while reducing regulatory burdens on legitimate businesses," Ohlhausen said. "Bruce will be instrumental in ensuring that the agency achieves these goals.”

Earlier this week Ohlhausen named an acting Economics Bureau director and acting chief technologist.