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Title Competition laws in conflict : antitrust jurisdiction in the global economy / editors, Richard A. Epstein and Michael S. Greve
Published Washington, D.C. : AEI Press, [2004]


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Description xiii, 381 pages ; 23 cm
Contents 1. Introduction: the intractable problem of antitrust jurisdiction / Richard A. Epstein and Michael S. Greve -- 2. Competition of competition laws: mission impossible? / Wolfgang Kerber and Oliver Budzinski -- 3. Against international cooperation / Paul B. Stephan -- 4. The case for international antitrust / Andrew T. Guzman -- 5. The political economy of international antitrust harmonization / John O. McGinnis -- 6. National treatment and extraterritoriality: defining the domains of trade and antitrust policy / Michael J. Trebilcock -- 7. Cooperation and convergence in international antitrust: why the light is still yellow / Dianne P. Wood -- 8. Antitrust and the economics of federalism / Frank H. Easterbrook -- 9. A geographic market power test for Sherman Act jurisdiction / D. Bruce Johnsen and Moin A. Yahya -- 10. Federalism and the enforcement of antitrust laws by state attorneys general / Richard A. Posner -- 11. State antitrust enforcement: epirical evidence and a modest reform proposal / Michael DeBow -- 12. Multijurisdictional antitrust enforcement: a view from the Illinois Brick road / William F. Adkinson Jr -- 13. Toward a domestic competition network / William E. Kovacic -- 14. Postscript: in defense of small steps / Richard A. Epstein and Michael S. Greve
Summary The growth and integration of national and global markets should make the world more competitive and antitrust policy less important. Instead, globalization has produced a veritable antitrust proliferation. When corporate transactions routinely cross borders, anticompetitive practices in one jurisdiction invariably affect producers and consumers in another. A system in which each affected jurisdiction gets to apply its own competition rules to those transactions poses a danger of grave political conflicts and, moreover, intolerable costs for producers, who must comply with the often conflicting demands of multiple jurisdictions. Moreover, states have powerful incentives to permit domestic industries to exploit outsiders, or even to facilitate such practices. High-profile antitrust conflicts, from the prosecution of Microsoft in state, national, and international forums to the transatlantic disagreement over the European Union's merger policy, illustrate the difficulties. Possible solutions to these problems range from improved intergovernmental cooperation, to direct policy harmonization, to a new regime of "structured competition" in antitrust policy modeled on U.S. corporation law. In "Competition Laws in Conflict", leading experts explore these and other routes to a new and better institutional design for global antitrust in the national and international contexts
Bibliography Includes bibliographical references and index
Subject Conflict of laws -- Antitrust law.
Conflict of laws -- Jurisdiction.
Antitrust law -- United States -- States.
Author Epstein, Richard Allen, 1943-
Greve, Michael S.
LC no. 2004041129
ISBN 0844742015 paperback