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48 Antitrust Bull. 973 (2003)
International Cooperation on Competition: Myth, Reality and Perspective

handle is hein.journals/antibull48 and id is 981 raw text is: The Antitrust Bulletin/Winter 2003 International cooperation on competition: myth, reality and perspective BY FREDERIC JENNY* 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- cially important for their agencies and are ready to devote increasingly important resources to this activity. This article looks at these developments and tries to put them in context. I investigate both the causes of successes and possible failures of cooperation in the area of competition law and policy and 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. I also analyze 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. * Professor E.S.S.E.C., France; Vice President, Conseil de la Con- currence. © 2004 by Federal Legal Publications, Inc.

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