The Future of Transnational Antitrust: From Comparative to Common Competition Law

This volume presents the papers of a group of academic experts from the United States, Germany, France, Switzerland and Japan who met in Frauenchiemsee (Upper Bavaria) in June 2002 to discuss core issues of international antitrust law: can cooperation between antitrust authorities replace an international antitrust agreement by generating common antitrust standards? How do diverging domestic cultures and diverging concepts of competition influence our conception of international antitrust law? Does cooperation work in specific areas, such as merger cases? Does international antitrust law have to deal with new areas of concern, such as internet-related problems and cooperation between undertakings? To address most effectively international restraints of competition, should we rely more on national, supranational or international antitrust standards and enforcement or must we combine these approaches? What can we learn from our experience in multilevel jurisdictions like the United States and the European Union? Do we need agreement on harmonized substantive law standards, or would it be more effective to rely on common rules of enforcement?