Antitrust Goes Global: What Future for Transatlantic Cooperation?

Antitrust Goes Global: What Future for Transatlantic Cooperation?

by Simon J. Evenett
     
 

ISBN-10: 0815725019

ISBN-13: 9780815725015

Pub. Date: 11/01/2000

Publisher: Brookings Institution Press

How will the rapid growth of trade, cross-border mergers and acquisitions, and international joint ventures alter antitrust enforcement? Can national antitrust enforcement guard against anticompetitive corporate practices in a globalizing world? Or will international friction increase as nations disagree over antitrust cases, like the Boeing-McDonnell Douglas

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Overview

How will the rapid growth of trade, cross-border mergers and acquisitions, and international joint ventures alter antitrust enforcement? Can national antitrust enforcement guard against anticompetitive corporate practices in a globalizing world? Or will international friction increase as nations disagree over antitrust cases, like the Boeing-McDonnell Douglas merger? Recognizing the sheer volume of transatlantic commerce, the EU and U.S. have long cooperated on antitrust matters, but what has that cooperation achieved? And how far should such cooperation go in the future? This volume addresses these questions in the context of antitrust policies towards cartels, mergers and acquisitions, and vertical restraints. Leading experts elucidate the changing nature of antitrust enforcement on both sides of the Atlantic, with a keen eye to future multilateral, as well as bilateral, developments.

Product Details

ISBN-13:
9780815725015
Publisher:
Brookings Institution Press
Publication date:
11/01/2000
Edition description:
New Edition
Pages:
224
Product dimensions:
6.00(w) x 9.00(h) x (d)

Table of Contents

1Antitrust Policy in an Evolving Global Marketplace1
2Transatlantic Cooperation on Competition Policy29
3Economic Considerations in Merger Review57
4Substantive Convergence and Procedural Dissonance in Merger Review79
5Anticartel Cooperation98
6The Divide on Verticals117
Case Studies139
The Boeing-McDonnell Douglas Merger139
The American Airlines and British Airways Alliance145
PricewaterhouseCoopers153
The Treatment of Transatlantic Linear Shipping under EU and U.S. Law166
The First Microsoft Case174
Two Joint Ventures in International Telecommunications177
The WorldCom-MCI Case188
The A. C. Nielsen Case192
The Amadeus Global Travel Distribution Case195
Index199

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