International Cooperation on Competition: Myth, Reality and Perspective

Over the last decade, international cooperation between national competition authorities has become one of the hottest topics in the world of antitrust. Tools for cooperation have been developed and there is clear evidence that national antitrust agencies consider international cooperation to be cru...

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Bibliographic Details
Published in:Antitrust bulletin 2003-12, Vol.48 (4), p.973-1003
Main Author: Jenny, Frederic
Format: Article
Language:English
Subjects:
Advocacy
Analysis
Antitrust laws
Business community
Competition policy
Cooperation
Globalization
Industrialized nations
International competition (Commerce)
International cooperation
International law
Law enforcement
Privatization
Regulatory reform
Studies
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Summary:Over the last decade, international cooperation between national competition authorities has become one of the hottest topics in the world of antitrust. Tools for cooperation have been developed and there is clear evidence that national antitrust agencies consider international cooperation to be crucially important for their agencies and are ready to devote increasingly important resources to this activity. These developments are examined with an effort to put them in context. Both the causes of successes and possible failures of cooperation in the area of competition law and policy are investigated, along with the reasons antitrust enforcers claim that international cooperation contributes so importantly to substantial convergence in the absence of clear evidence that this is true. Particular attention is given to the transatlantic cooperation between the U.S. and the European Community. Analysis is given to the consequences of the globalization of markets and of the proliferation of national competition laws on the role and organization of cooperation in the antitrust area.
ISSN:0003-603X
1930-7969
DOI:10.1177/0003603X0304800405